LIENS, MORTGAGES AND PLEDGES
CHAPTER 1
LIENS IN GENERAL
45-114. Rights of junior lienor. One who has a lien inferior to another, upon the same property, has a right:
1. To redeem the property in the same manner as its owner might, from the superior lien; and,
2. To be subrogated to all the benefits of the superior lien, when necessary for the protection of his interests upon satisfying the claim secured thereby.
LIENS, MORTGAGES AND PLEDGES
CHAPTER 1
LIENS IN GENERAL
45-114. Rights of junior lienor. One who has a lien inferior to another, upon the same property, has a right:
1. To redeem the property in the same manner as its owner might, from the superior lien; and,
2. To be subrogated to all the benefits of the superior lien, when necessary for the protection of his interests upon satisfying the claim secured thereby.
LIENS, MORTGAGES AND PLEDGES
CHAPTER 1
LIENS IN GENERAL
45-114. Rights of junior lienor. One who has a lien inferior to another, upon the same property, has a right:
1. To redeem the property in the same manner as its owner might, from the superior lien; and,
2. To be subrogated to all the benefits of the superior lien, when necessary for the protection of his interests upon satisfying the claim secured thereby.
