The notice before foreclosure may be served by mail, as provided in rule 4 of the North Dakota Rules of Civil Procedure, addressed to the owner of record at the owner’s post-office address in the mortgage or by the records in the chain of title of the recorder of the county where the real estate is situated. If the post-office address is not shown in the mortgage or in the records, the notice may be served as provided in rule 4 of the North Dakota Rules of Civil Procedure, addressed to the owner of record at the post office nearest any part or tract of the real estate.

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Terms Used In North Dakota Code 32-19-22

  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Rule: includes regulation. See North Dakota Code 1-01-49