720. Taking account with rests.

So far as the continuous account favours the mortgagor, it is not interfered with1. If the current excess of interest due over receipts were turned into capital and so made to bear interest, this would be to give compound interest against the mortgagor, which can only be done when the mortgage contract provides for compound interest2. So far as the continuous account favours the mortgagee, however, the court interferes in certain circumstances and deprives him of the advantage so gained by directing the account to be taken with rests, that is, when the receipts for the year or other