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Priority of Debentures.
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11. Debentures upon any Land shall be puisne and subject to the several Incumbrances specified or referred to in the Certificate; also to Quit or Crown Rents, to Rentcharges in lieu of Tithe, and to Charges imposed by any Act heretofore made for the Drainage or Improvement of Land. With those Exceptions, all Debentures charged upon any Land shall be the First Incumbrances thereon. Where there shall be more than One Debenture charged on the same Land there shall be no Priority as between the several Debentures, notwithstanding any Priority in the Date or Number thereof.
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