125. Rights of mortgagor and mortgagee apart from the rule.

Apart from any application of the rule against perpetuities, any restriction in a mortgage purporting to limit a time after which the mortgagor may not redeem is inoperative against the mortgagor1, who may redeem at any time, however remote, subject to the provisions of the enactments relating to the limitation of actions to redeem land2. Where there is a provision postponing the right to redeem, provided that the right of redemption is real, it seems that the mere length of time of the postponement is not an objection to the transaction if there is nothing oppressive or unconscionable in