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specified life events

      1. 132(a) the death of the customer; or
      1. (b) the customer leaves the mortgaged land to live elsewhere and has no reasonable prospect of returning (for example, by moving into residential care); or
      1. (c) the customer acquires another dwelling for use as his main residence; or
      1. (d) the customer sells the mortgaged land; or
      1. (e) the lender exercises its legal right to take possession of the mortgaged land under the terms of the contract.