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Art. 821

210CCFederal ActJan 1, 1912Original source
  1. If a land improvement is made without state subsidy, the debt in relation to the lien must be repaid in annual payments of at least five per cent of the registered amount of the lien.
  2. The lien is extinguished for the claim and for each annual payment three years after maturity, and any lower-ranking mortgage creditors advance in rank.

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