§ 654-15b

654.15B Right to intervene — notice. A lender may serve a judgment creditor in a foreclosure action with notice in substantially the following form advising the creditor that the property that is the subject of the foreclosureaction shall be foreclosed and describing the creditor’s interest in the action and that unlesssuch creditor intervenes in the foreclosure action such creditor shall lose the creditor’sinterest in the mortgaged property. Unless the creditor intervenes within thirty days of theservice of notice, the court may adjudicate the creditor’s rights against the property as if thecreditor had been added as a defendant and default had been entered against the defendant.If a creditor cannot be located for personal service, the plaintiff may, at any time prior tosixty days before the date of trial, amend the petition as a matter of right to add the creditoras a defendant for service by publication as provided by rule. The notice prescribed by thissection is as follows: NOTICE OF PENDING FORECLOSURE To: (Name and address of creditor)Date: (Enter date) (Name of foreclosing party) has filed a foreclosure of mortgage against the property of (titleholder) located at (street

CE OF PENDING FORECLOSURE To: (Name and address of creditor)Date: (Enter date) (Name of foreclosing party) has filed a foreclosure of mortgage against the property of (titleholder) located at (street address ofproperty) which is legally described as (legal description). Thisforeclosure was filed as (Plaintiff v. Defendant), Case # (........),in the Iowa District Court for (............................) County and isintended to foreclose a mortgage dated (date of mortgage) andrecorded on (date of recording) in the (county recorder’s office).You have an apparent interest in the property because of anapparent judgment lien in (short caption of case, case number,court where judgment entered, and judgment date). If you desireto protect this interest, you have the right to intervene in theforeclosure action within thirty days of the service of notice byfiling an intervention with the clerk of court in (............................)County. Unless you intervene in the foreclosure, the foreclosuremay eliminate any interest you have in the property but will nototherwise affect your rights. If you have any questions about thisnotice, contact your attorney.

ene in the foreclosure, the foreclosuremay eliminate any interest you have in the property but will nototherwise affect your rights. If you have any questions about thisnotice, contact your attorney. Whether or not you intervene, theforeclosure may have certain tax consequences to you about whichyou should consult your tax advisor.................................................................................Name, address, and telephone number of attorney representing(name of foreclosing party). 2006 Acts, ch 1132, §9, 16; 2009 Acts, ch 51, §8, 17Referred to in §654.4A, 654.5, 654.17A Sat Dec 23 12:22:06 2023 Iowa Code 2024, Section 654.15B (25, 0)