196. Restrictions on the right of redemption.

196.     Restrictions on the right of redemption.

The mortgagor cannot generally compel the mortgagee to accept payment of the mortgage money before the day of payment appointed in the proviso for redemption1. A stipulation in a mortgage that the principal debt is not to be called in for a given period is often accompanied by a corresponding stipulation that the mortgagor is not to be entitled without the mortgagee's consent to pay off or redeem the mortgage before the expiration of the period. Although the law will not allow a mortgagor to be precluded from redeeming altogether