2005 Minnesota Statutes - 580.30 — Mortgages, when reinstated.

     580.30 Mortgages, when reinstated.  


    In any proceedings for the foreclosure of a real estate 
 mortgage, whether by action or by advertisement, if at any time 
 before the sale of the premises under such foreclosure the 
 mortgagor, the owner, or any holder of any subsequent 
 encumbrance or lien, or any one for them, shall pay or cause to 
 be paid to the holder of the mortgage so being foreclosed, or to 
 the attorney foreclosing the same, or to the sheriff of the 
 county, the amount actually due thereon and constituting the 
 default actually existing in the conditions of the mortgage at 
 the time of the commencement of the foreclosure proceedings, 
 including insurance, delinquent taxes, if any, upon the 
 premises, interest to date of payment, cost of publication and 
 services of process or notices, attorney's fees not exceeding 
 $150 or one-half of the attorney's fees authorized by section 
 582.01, whichever is greater, together with other lawful 
 disbursements necessarily incurred in connection with the 
 proceedings by the party foreclosing, then, and in that event, 
 the mortgage shall be fully reinstated and further proceedings 
 in such foreclosure shall be thereupon abandoned.  


    HIST: (9633) 1923 c 327 s 1; 1957 c 182 s 1; 1971 c 833 s 1