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Rule 735.2. Other Statutory and Contractual Foreclosure (2012)

TEXT

735.2. Other Statutory and Contractual Foreclosure Provisions Unaltered A Rule 736 order does not alter any foreclosure requirement or duty imposed under applicable law or the terms of the loan agreement, contract, or lien sought to be foreclosed. The only issue to be determined in a Rule 736 proceeding is whether a party may obtain an order under Rule 736 to proceed with foreclosure under applicable law and the terms of the loan agreement, contract, or lien sought to be foreclosed.

Adopted by order of Oct. 17, 2011, eff. Jan. 1, 2012. Amended by order of Dec. 12 and Dec. 30, 2011, eff. Jan. 1, 2012