com _ Free PowerPoint Templates, Diagrams and Charts
Article 2133 The actual market value of the fruits at the time of the application thereof to the interest and principal shall be the measure of such application. Article 2134 The amount of the principal and of the interest shall be specified in writing; otherwise, the contract of antichresis shall be void. Article 2135 The creditor, unless there is a stipulation to th e contrary, is obliged to pay the taxes and charges u pon the estate. He is also bound to bear the expenses necessa ry for its prevention and repair. The sum spent for the purposes stated in this article shall be deducted from the fruits. Article 2136 The debtor cannot reacquire the enjoyment of the immovable without first having totally paid what h e owes the creditor. But the latter, in order to exempt himself from the obligations imposed upon him by the preceding ar ticle, may always compel the debtor to enter again upon the enjoyment of the property, except when there is a stipulation to the contrary. Article 2137 The creditor does not acquire the ownership of the real estate for nonpayment of the debt within the period agreed upon. Every stipulation to the contrary shall be void. But the creditor may petition the court for the payment of the debt or the sale of the real property. In this case, the Rules of the Court on the foreclosure of mortgages shall apply.