Statutes > New Mexico Statutes > Chapter 39 - Judgments, Costs, Appeals. > Article 5 - Sales Under Execution and Foreclosure, 39-5-1 through 39-5-23. > Section 39-5-16 - Foreclosure after March 15; growing crops.

Section 39-5-16 - Foreclosure after March 15; growing crops.

39-5-16. Foreclosure after March 15; growing crops.

In cases of mortgage foreclosures of property on which there is a growing crop and when the proceeding has been commenced after March 15 of any year, the mortgagor shall not be dispossessed by any means whatsoever until the crop has been fully harvested, and the mortgagor shall be entitled to retain the crops; provided, however, that the mortgage instrument may provide otherwise.