(1) The period of a deed
executed in household pursuant to this Chapter shall not exceed ten
years.
(2) Notwithstanding anything contained in sub-section (1),
if the debtor repays some of the principal or interest thereon to the
creditor or the term of a deed is extended for the repayment of
principal or interest within the period of ten years, another period of
ten years shall be extended from the date of such repayment of
principal or interest or extension of the period, as the case may be.