Amendment status not verified — confirm the current text below against the official source.
(l]Whenanyl~anorinslalmentor interesCthekonfallsdue Noiiceiopay. and is not paid on or before Ihe due date or when a loan has been'declarkd immediately repayable under section 27, the officer empowered by the I [State] Gdvement in this behalf may causc ro bc scrvcd on the borrower a noLicc in Ihe..prescribed manner ,calling upon him to pay the sums-due . wilhin such lime as may be fixed therein. (2) Such notice shall contain an intimalion that in case of deraull the said officer will issue a declaration in the prescribed form showing the ainount of the debt due and the. property mentioned in the deed as liable to satisfy the same. . .