628.29 Redemption by creditor pursuant to alternative foreclosure. A lienholder of record may redeem real property which has been foreclosed by a mortgagee pursuant to the alternative voluntary foreclosure procedure provided in section 654.18. Thejunior lienholders’ redemption period shall be thirty days commencing the day the noticerequired by section 654.18, subsection 1, paragraph 'e' is sent. The redemption shall be madeby payment to the mortgagee of the amount of the debt secured by the mortgage includingany protective advances made pursuant to chapter 629. Upon payment, the mortgagee shallconvey the property by special warranty deed to the redeeming junior lienholder. 85 Acts, ch 252, §44Referred to in §654.18 Sat Dec 23 11:22:27 2023 Iowa Code 2024, Section 628.29 (16, 0)
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