North Dakota Statutes
§ 32-19-07 — Other suits permitted
Notwithstanding any other provision of state law, if a promissory note or other obligation and
a mortgage, other than a first mortgage, upon real estate have been given to secure a debt
contracted on or after August 1, 1993, a mortgagee may bring an action on the promissory note
if the mortgagee waives the right to foreclose the mortgage given to secure the note. Allowing a
mortgagee to bring an action on the promissory note or other obligation of the mortgagor if the
mortgagee waives the right to foreclosure of the mortgage given to secure the note applies only
to residential real property consisting of four or fewer residential units.
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Related
First Interstate Bank of Fargo, N.A. v. Larson
475 N.W.2d 538 (North Dakota Supreme Court, 1991)
Brunsoman v. Scarlett
465 N.W.2d 162 (North Dakota Supreme Court, 1991)
Langenes v. Bullinger
328 N.W.2d 241 (North Dakota Supreme Court, 1982)
Alerus Financial, N.A. v. Lamb
2003 ND 158 (North Dakota Supreme Court, 2003)
Schiele v. First National Bank of Linton
404 N.W.2d 479 (North Dakota Supreme Court, 1987)
Norwest Bank North Dakota, National Ass'n v. Christianson
494 N.W.2d 165 (North Dakota Supreme Court, 1992)
In Re Faiman
70 B.R. 74 (D. North Dakota, 1987)
United States v. Larson
632 F. Supp. 1565 (D. North Dakota, 1986)
Zavadil v. Rud
2014 ND 38 (North Dakota Supreme Court, 2014)
State v. Zephyrin
2003 ND 155 (North Dakota Supreme Court, 2003)
Nearby Sections
15
§ 32-01-01
Remedies - Classification§ 32-01-02
Action defined§ 32-01-03
Actions - Classification§ 32-01-04
Special proceeding defined§ 32-01-05
Criminal action defined§ 32-01-06
Civil action defined§ 32-01-07
Process in civil action§ 32-01-08
Civil and criminal remedies not merged§ 32-01-10
Provisional remedies classified§ 32-01-12
Conditions of relief from forfeiture§ 32-02-01
Qualifications of sureties - Personal§ 32-02-02
Exception to sureties