No right of entry into possession or foreclosure

For the avoidance of doubts, it is hereby declared that the chargee shall not be entitled to foreclose, or to enter into possession of the charged land or the land comprised in a charged lease or to receive the rents and profits thereof by reason only that default has been made in the payment of the principal sum or of any interest or other periodical payment or of any part thereof or in the performance or observance of any agreement, express or implied, in the charge.