Indiana Code 32-30-10-7. Balance due and costs that remain unsatisfied levied on any property of debtor
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Terms Used In Indiana Code 32-30-10-7
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 7. If there is an express written agreement for the payment of the sum of money that is secured by a mortgage or a separate instrument, the court shall direct in the order of sale that the balance due on the mortgage and costs that may remain unsatisfied after the sale of the mortgaged premises be levied on any property of the mortgage-debtor.
[Pre-2002 Recodification Citation: 32-15-6-5.]
As added by P.L.2-2002, SEC.15.