Maine Statutes
§ 23 §5174 — Extension of redemption time after foreclosure commenced
The persons interested in a prior mortgage on which a foreclosure is commenced, at a meeting called for the purpose, may extend the time of redemption. Thereupon the trustees of the mortgage, by a suitable writing, delivered to the party entitled to redeem, shall extend the time accordingly.
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Legislative History
PL 1987, c. 141, §A4 (NEW).
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