628.12 - MORTGAGE NOT MATURED -- INTEREST.
628.12 MORTGAGE NOT MATURED -- INTEREST. Where a mortgagee whose claim is not yet due is the person from whom the redemption is thus to be made, the mortgagee shall receive on such mortgage only the amount of the principal thereby secured, with unpaid interest thereon to the time of such redemption.
Section History: Early Form [C51, § 1930; R60, § 3336; C73, § 3106; C97, § 4050; C24, 27, 31, 35, 39, § 11783; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 628.12]