State Codes and Statutes

Statutes > Maine > Title14 > Title14ch403sec0 > Title14sec2151

Title 14: COURT PROCEDURE -- CIVIL

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION

Subchapter 4: LEVIES ON EQUITIES OF REDEMPTION

§2151. Levy on mortgaged lands; deduction of amount due; remedy for errors

Levies may be made on lands mortgaged as on lands not mortgaged, and the amount due on the mortgage may be deducted by the appraisers from their estimated value, and stated in their return. If the full amount due was not deducted, or if the levy was made in the usual form, and it is ascertained that there was a mortgage on the premises, not including other real estate, and not known to the creditor at the time of the levy, it shall nevertheless be valid, and the creditor may recover of the debtor the amount which should have been and was not deducted, or the amount due on such mortgage.

State Codes and Statutes

Statutes > Maine > Title14 > Title14ch403sec0 > Title14sec2151

Title 14: COURT PROCEDURE -- CIVIL

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION

Subchapter 4: LEVIES ON EQUITIES OF REDEMPTION

§2151. Levy on mortgaged lands; deduction of amount due; remedy for errors

Levies may be made on lands mortgaged as on lands not mortgaged, and the amount due on the mortgage may be deducted by the appraisers from their estimated value, and stated in their return. If the full amount due was not deducted, or if the levy was made in the usual form, and it is ascertained that there was a mortgage on the premises, not including other real estate, and not known to the creditor at the time of the levy, it shall nevertheless be valid, and the creditor may recover of the debtor the amount which should have been and was not deducted, or the amount due on such mortgage.


State Codes and Statutes

State Codes and Statutes

Statutes > Maine > Title14 > Title14ch403sec0 > Title14sec2151

Title 14: COURT PROCEDURE -- CIVIL

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION

Subchapter 4: LEVIES ON EQUITIES OF REDEMPTION

§2151. Levy on mortgaged lands; deduction of amount due; remedy for errors

Levies may be made on lands mortgaged as on lands not mortgaged, and the amount due on the mortgage may be deducted by the appraisers from their estimated value, and stated in their return. If the full amount due was not deducted, or if the levy was made in the usual form, and it is ascertained that there was a mortgage on the premises, not including other real estate, and not known to the creditor at the time of the levy, it shall nevertheless be valid, and the creditor may recover of the debtor the amount which should have been and was not deducted, or the amount due on such mortgage.