(2) Any person who is interested in the mortgaged property or in the mortgage, shall be joined as a party. 122. Conditions for Institution of a Suit for Redemption:Where a time for the payment of the principal money is not specified in the mortgage deed or where the mortgagor has not exercised his right to redeem at the expiration of such time, the mortgagor shall not be entitled to redeem except in the following cases:(a) if the property mortgaged is agricultural land and the mortgager has entered into possession in accordance with the terms of the mortgage deed, unless the mortgager has give notice to the mortgager of his intention to redeem and until the mortgager has had sufficient time to harvest any crop under cultivation at the time of such notice; (b) if the property mortgaged is land other than agricultural land and the mortgager has entered into possession in accordance with the terms of mortgage deed, unless the mortgagor has given the mortgager three months notice of his intention to redeem; (c) in any other case until the mortgagor has given to the mortgager three months notice of his intention to redeem or has paid or tendered to the mortgager three months’ interest in lieu of such notice. 123. Conditions for Institution of a Suit for Sale or Foreclosure:1) Where default in payment of the principal or of the interest or of any other periodical payment secured by a mortgage has been made for a period of one month, the mortgager may, after giving notice in writing to the mortgagor of his intention to do so, institute a suit for the sale or foreclosure of the mortgaged property. (2) No such suit shall be instituted before the expiration of one month from the service of the notice provided for in sub-section (1). 124. Where a Mortgagee is not Entitled to a Decree for Foreclosure:The mortgager shall not be entitled to a decree for foreclosure:(a) where the time for payment of the principal money is not specified in the mortgage deed and the mortgager has entered into possession of the mortgaged property in accordance with the terms of the mortgage deed; or (b) in any other case, until the Court has made an order for the sale of the mortgaged property and no sale have been effected. 125. Discharge of Debt on Foreclosure:Where the Court has passed a decree for foreclosure the debt secured by the mortgage shall be extinguished. 126. Account between the Mortgagor and the Mortgagee:1) where during the continuance of the mortgage, the mortgager takes possession of the mortgaged property the Court shall take an account between the mortgagor and the mortgager in the following manner:- 26