Action Upon Mortgage or Lien; Final Judgment Given in First Instance; Exception for Residential Mortgages

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Sec. 1. Except as provided in IC 32-30-10.5 for mortgage transactions described in IC 32-30-10.5-5, it is not necessary in any action upon a mortgage or lien to give time for:

(1) the payment of money; or

(2) performing any other act.

Final judgment may be given in the first instance.

[Pre-2002 Recodification Citation: 32-15-8-1.]

As added by P.L.2-2002, SEC.15. Amended by P.L.105-2009, SEC.21.


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