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the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 33: PROPERTY
Chapter 9: MORTGAGES OF REAL PROPERTY
33 §502. Entry by mortgagee
Universal Citation:
33 ME Rev Stat § 502 (2012 through 125th Legis)
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Subchapter 1: GENERAL PROVISIONS
§502. Entry by mortgagee
A mortgagee, or person claiming under him, may enter on the premises or recover possession thereof, before or after breach of condition, when there is no agreement to the contrary. In such case, if the mortgage is afterwards redeemed, the amount of the clear rents and profits from the time of taking possession shall be accounted for and deducted from the sum due on the mortgage.
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