(a) Any portion of the mortgage debt, or any interest thereon, has been voluntarily paid within the 10 years immediately preceding commencement of the suit.
(b) The original mortgagor still owns the mortgaged property.
(c) No lien or right of a third person has attached to the property after the expiration of the 10-year period referred to in ORS 88.110.
(2) A mortgage that is not enforceable by the transferor at the time of transfer to the State of Oregon does not become enforceable thereafter under this section. [Amended by 1997 c.298 §1]
Structure 2021 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 088 - Foreclosure of Mortgages and Other Liens
Section 88.060 - Enforcement of judgment.
Section 88.103 - Sale of real property after mortgage foreclosure.
Section 88.120 - When foreclosure not barred by ORS 88.110.
Section 88.740 - Investment of surplus moneys in Oregon War Veterans’ Bond Sinking Account.