33-723. Right of junior lien holder upon
foreclosure action by senior lien holder
Any time after an action to foreclose a mortgage or deed of trust is brought, and
prior to the sale, a person having a junior lien on the property shall be entitled to an
assignment of all the interest of the holder of the mortgage or deed of trust by paying
him the amount secured, with interest and costs, together with the amount of any other
superior liens of the same holder. The assignee may then continue the action in his
name.
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