Nebraska Revised Statute 25-2149
- Revised Statutes
- Chapter 25
- 25-2149
Chapter 25
25-2149.
Payment by defendant of sums due; stay; decree.
If, after a decree for sale, entered against a defendant in such case, he shall bring into court the principal and interest due, with costs, the proceedings in the suit shall be stayed, but the court shall enter a decree of foreclosure and sale, to be enforced by a further order of the court, upon a subsequent default in the payment of any portion or installment of the principal, or any interest thereafter to grow due.
Source
- R.S.1867, Code § 857, p. 544;
- R.S.1913, § 8266;
- C.S.1922, § 9219;
- C.S.1929, § 20-2151;
- R.S.1943, § 25-2149.
Annotations
Section is applicable only to cases where foreclosure is for interest or part of principal. It was not intended to relieve party from forfeiture. Beisel v. Artman, 10 Neb. 181, 4 N.W. 1011 (1880).