①Co-owners of a revolving mortgage are paid in proportion to the amount of their respective claims; provided, however, that if before the principal is fixed, a proportion other than the above is agreed upon, or if it is agreed upon that a certain person will be paid before another, that agreement prevails.

②A co-owner in a revolving mortgage may, with the consent of the other co-owners, assign rights of the same pursuant to the provisions of Article 398-12, paragraph (1).