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525.691 Mortgage extension.

A guardian or conservator without order of the court may make an extension of an existing mortgage for a period of five years or less, if the extension agreement contains the same prepayment privileges and the rate of interest does not exceed the lowest rate in the mortgage extended.

HIST: (8992-159) 1935 c 72 s 159; 1975 c 347 s 131

Official Publication of the State of Minnesota
Revisor of Statutes