Any person who has a mortgage lien upon any land against which there exists a prior mortgage may pay any taxes or assessments on which any penalty would otherwise accrue, and may pay the premium upon any policy of insurance procured in renewal of any expiring policy upon mortgaged premises, and may, in case any interest upon any prior or superior lien is in default, or any part of the principal shall become due, or amortized installment which may be in default upon any such prior lien, pay the same, and all such sums so paid shall become due upon such payment and be a part of the debt secured by such junior mortgage, shall bear interest from date of payment at the same rate as the indebtedness secured by such prior lien, and shall be collectible with, as a part of, and in the same manner as, the amount secured by such junior mortgage. Such payments shall be proved by the affidavit of the junior mortgagee, the junior mortgagee's agent or attorney, stating the items and describing the premises, and a copy must be recorded with the county recorder.
(9632) 1923 c 355 s 1; 1927 c 413; 1943 c 395 s 1; 1976 c 181 s 2; 1986 c 444; 2005 c 4 s 151
Structure Minnesota Statutes
Chapters 570 - 583 — Postjudgment Remedies; Alternative Dispute Resolution; Bonds
Chapter 580 — Mortgages; Foreclosure By Advertisement
Section 580.02 — Requisites For Foreclosure.
Section 580.021 — Foreclosure Prevention Counseling.
Section 580.025 — Foreclosure Data.
Section 580.03 — Notice Of Sale; Service On Occupant.
Section 580.032 — Request For Notice; Mailed Notice.
Section 580.033 — Where Notice Published.
Section 580.04 — Requisites Of Notice.
Section 580.041 — Foreclosure Advice And Redemption Rights Notice To Owners.
Section 580.042 — Foreclosure Advice Notice To Tenant.
Section 580.045 — Record Owner With No Financial Interest.
Section 580.05 — Attorney To Foreclose; Record Of Power.
Section 580.06 — Sale, How And By Whom Made.
Section 580.07 — Postponement.
Section 580.08 — Separate Tracts.
Section 580.09 — Foreclosure Of Installment; Sale; Proceeds; Redemption.
Section 580.11 — Mortgagee Or Assignee May Purchase.
Section 580.12 — Certificate Of Sale; Record; Effect.
Section 580.13 — Premises In More Than One County; Record.
Section 580.14 — Execution After Expiration Of Term.
Section 580.15 — Perpetuating Evidence Of Sale.
Section 580.17 — Affidavit Of Costs.
Section 580.18 — Excessive Costs Or Interest.
Section 580.19 — Certificate As Evidence.
Section 580.20 — Action To Set Aside For Certain Defects.
Section 580.21 — Action To Set Aside Sale; Limitation.
Section 580.22 — Interest Of Purchaser; Attachment Or Judgment.
Section 580.225 — Satisfaction Of Judgment.
Section 580.23 — Redemption By Mortgagor; Affidavit Of Nonagricultural Use; Waiver.
Section 580.24 — Redemption By Creditor.
Section 580.25 — Redemption, How Made.
Section 580.26 — Certificate Of Redemption; Record.
Section 580.27 — Effect Of Redemption.
Section 580.28 — Action To Set Aside Mortgage; Foreclosure; Redemption.
Section 580.29 — Holder Of Junior Mortgage May Pay Default In Prior Mortgage.