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Terms Used In Iowa Code 655A.5

  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
655A.5 Compliance with notice.
If the mortgagor or a junior lienholder performs, within thirty days of completed service of notice, the breached terms specified in the notice, then the right to foreclose for the breach is terminated.
87 Acts, ch 142, §21
Referred to in §655A.8