Art. 850

On the issue of a mortgage certificate, a person may be granted a power of attorney. This person must make and receive payments, receive notices, consent to releases from liability under the mortgage and in general safeguard the rights of the creditors, debtor and owner with all due care and impartiality 2. The name of the authorised person must be recorded in the land register and on the document of title. 3. If the power of attorney lapses and the persons involved are unable to agree, the court shall make the necessary arrangements.