XIII.—Mortgage Payments in Arrear.

If any property, mortgaged to the Trustees of the Society, and given by any member or members as security for shares, or money advanced, shall hereafter be taken possession of by the Trustees, by reason of the non-payment of subscriptions, or redemption-moneys, fines, or other payments, pursuant to the rules of the Society, or for any other cause, the Trustees shall have power to absolutely sell the same, as hereinbefore provided, or to sell the same upon condition that the purchaser or purchasers shall pay as and for the purchase-money of any such property, a certain monthly payment (to be fixed and determined upon by the Committee) at the usual Monthly Meetings of the Society, so long as the Society shall exist, and until the final termination thereof, or to sell the same upon such other terms and conditions as to the payment of the purchase-money, or otherwise, as may by the Committee and Trustees be deemed expedient, or to make any arrangement with any member whose property shall be so forfeited, or liable to forfeiture, for his or her retension thereof, and for the remission, reduction, or cessation of all fines upon subscriptions, redemption-moneys, fines, insurance, premiums, and other pay- page 17 ments then due and in arrear at the time of any such arrangement, or thereafter to become due to the Society.