846.05 Foreclosure for nonpayment of installment. An action for the foreclosure of a mortgage upon which there shall be due any interest or any installment of the principal and there shall be other installments to become due shall be dismissed upon the defendant's bringing into court, before judgment, the principal and interest due, with the costs. If after judgment is entered in such case the defendant shall bring into court the principal and interest due, with the costs, proceedings on the judgment shall be stayed; but the court may enforce the judgment by a further order, upon a subsequent default in the payment of any installment of the principal, or of any interest thereafter to grow due.
History: 1973 c. 189 s. 7; Stats. 1973 s. 816.05; Sup. Ct. Order, 67 Wis. 2d 585, 768 (1975); Stats. 1975 s. 846.05.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 846 - Real estate foreclosure.
846.01 - Foreclosure judgment.
846.02 - Foreclosure; defendant may have assignment of mortgage.
846.04 - Deficiency, judgment for.
846.05 - Foreclosure for nonpayment of installment.
846.07 - Order of sale for other defaults.
846.08 - Judgment for sale of whole; adjustment of parties' rights.
846.09 - Amendments as to parties; process and pleading.
846.101 - Foreclosure without deficiency; 20-acre parcels.
846.103 - Foreclosures of commercial properties and multifamily residences.
846.13 - Redemption from and satisfaction of judgment.
846.15 - Plaintiff's rights acquired by junior lienor.
846.16 - Notice of sale; sale; confirmation; transfer.
846.162 - Disposition of surplus.
846.165 - Application for confirmation of sale and for deficiency judgment.
846.18 - Tardy confirmation of sale.
846.25 - Discharge after foreclosure.
846.30 - Redemption period for land contracts.