628.12 Mortgage not matured — interest.
73 words·~1 min read·
/ia/chapter-628-redemption/628-12A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
[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]