What are the exceptions to the application of the provision stated in Clause (1) of this Article?
The provision of Clause (1) of this Article does not apply if the mortgage and lien rights were registered for the purpose of determining an existing debt secured by the same rights over the same assets, and these rights were registered as security for the existing debt before the cessation of payment date, or if the registration was carried out in implementation of a ratified contract before the cessation of payment date.