Maine Statutes
§ 14 §2208 — Titles of banks and corporations, as mortgagees, sold
Maine·Title 14 COURT PROCEDURE -- CIVIL·Part 4 PROCEEDING AFTER VERDICT OR JUDGMENT·Ch. 403 TITLE TO REAL ESTATE BY LEVY OF EXECUTION
The titles of banks or corporations, as mortgagees of land, may be taken on execution and sold as real estate and interests therein are taken and sold. The officer may by deed convey the same, and a debt secured by such mortgage and remaining unpaid will pass with the mortgagee's title to the purchaser, who may recover the premises or debt in his own name. In such action, a copy of the mortgage, attested by the register of deeds, is prima facie evidence of such deed, and of the contracts secured by it, as remaining due at the time of trial. The cashier of the bank or clerk of the corporation, on reasonable request of the officer, shall furnish him with a certified copy of such contract and of all payments made thereon.
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 14 §2208 (Titles of banks and corporations, as mortgagees, sold) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
13
§ 14 §2201
Sale of real estate rights and interests§ 14 §2202
Notice of sale§ 14 §2203
Mortgagee to disclose amount due§ 14 §2204
No disclosure; compulsion by deposition§ 14 §2209
Transfer after notice of seizure invalid§ 14 §2251
Redemption of rights and interest§ 14 §2252
Attachment and sale of rights to redeem