Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(1)?a complaint is filed for the foreclosure of a mortgage;
(2)?any interest or installment of the principal is due, but no other installments are due; ?and
(3)?the defendant pays the court the principal and interest due, with costs, at any time before final judgment;
the complaint must be dismissed.
(b)?If the defendant pays the court the principal and interest due after the final judgment, the proceedings on the final judgment must be stayed. ?However, the stay may be removed upon a subsequent default in the payment of any installment of the principal or interest after the payment is due.
(c)?In the final judgment, the court shall direct at what time and upon what default any subsequent execution shall issue.
Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-30-10-11 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-30-10-11.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.