The rule that the lender takes a field,
pledged for a loan of smaller value, is not universally true. It
applies only to a case where the borrower transmitted the field to the
lender at the beginning of the term, so that upon payment the sale is
cancelled retroactively. In the interim the produce is deposited with a
third party, because for the lender produce may constitute interest if
the borrower pays, and the borrower can't take, because the field is
not his.
Normally,
however, any agreement that calls for an excessive penalty IF the party
defaults is NOT binding. If the borrower mistakenly gives the field up,
the lender returns both the field and the fruit he collects.
