Provided that before requiring any grantee to comply with any of the recluirements of this section, notice shall bs given to him in the proscribed manner.

Power of State Government to adjust security during the currency of loan If at any time the outstanding balance of the loan granted under this Act is found to exceed the percentage specified in section 8, the State Government may either recover so much of such balance as is in excess of such percentage or accept such additional or collateral security as it may deem sufficient.