Section 600.3120 Foreclosure Proceeding; Judgment of Sale; Payment of Principal, Interest, and Costs.

MI Comp L § 600.3120 (2019) (N/A)
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Sec. 3120.

If, after a judgment of sale is entered against him, the defendant brings into court the principal and interest due with costs, the proceedings in the action shall be stayed; but the court shall enter a judgment of foreclosure and sale to be enforced by a further order of the court upon a subsequent default in the payment of any portion or installment of the principal, or of any interest thereafter to become due.

History: 1961, Act 236, Eff. Jan. 1, 1963