The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-03-15
me- NEW MORTGAGE Ian,
Continued from Page One.

CONTINUED from Page One
Y
nsd crop, then the debtor. IL he re-
t1tzs, VIII be entitled to a reasonable
sse' ioF 1ne use OF the land during the
nfnsng year between those dates.
Ias other class Is property rented out. In
nal ease the mortgage after sale In en-
uuea 70 collect the rents and profits dur
= Iae redemption year. but mus. account
tae debtor for all money collected and
mus De credited upon the judgmen, II
- oeo'or rsdeems the properly within
lie year.
iuus me conflicting interests are imnar-
nlp conserved. and the new Law deaf.
ma exact Justice TO both parties. The
preserves all existing rights. 50 taa,
VII not apply to mortgages MADE nm
Inc law Of fsos. The appraisement f.a-
W that law Is entirely eliminated
om The present one.
ane text Of the new Law ia n. ra,,nwx.
~ - sE BILL No. 3sa-An act -ss.,tr.. -
&C.. sAass o. property under exceution A.
st,s,n Ky g 9'asss OF saie. ard the conIirm-
shs .n VI sherfns' sales. and rrdsmntts,,,
ssas,sIron, and repeating ar act rsess.,
. sne legislature or the state of W.ss-
isss a,s mssrsh sy.. approved March 10.
- emitted An act relating 10 the ssia
=. properly under execution ard denrss.
s.si the confirmation or sherlsYs' s,tas
~ M s r,spss,ahng sections sfi. Eis, sla' sfs
49, sins Si1. Sis. Big. $40 and SCI of yea :
of Hlits Annotated Statues ana ,.e.Sa. -. -
ths state Of Washington. reIatinp Ia sss
susnpfion OF real ests.e sold on deer.s
ctar r"swe.asare ard on execution" and de-
siafing an emergency.
BE II enacted by me ,sg,sia.,,ya =, a..
state Of Washington:
Section l. A decree OF foreclosure or
n1or,saxe or other lien may be- enforced
py execution AZ an ordinary Judgment
or decree. for the payment or norex~
NE execution shall contain a descrfr-
lion or the properly described In the
decree The sheriff shair indorse upon
.hs execution me time when he receives
D. and he shall thereupon forthwith
proceed TO sell such property, or so
ninc1 thereof as may be necessary to
SATISFY the Judgment interest and costs
upon giving the notice prescribed In xec-
ton three Ia Of this aer
Sec. !. When there is an agreement
Of Inc Judgment debtor for tho payment
OF any sum of money secured by
mortgage or other lien. and a deficiency
shagmens II consented 10 IN said agree.
msnt, the court may direct In the de-
cree that the balance due and costs
which may remain unsatis,led after the
sale OF tho property shall be Satisfied
from any property OF the Judgment
debtor and n any part Of the Judgment
interest and costs remains unsatts,fesf
'hv sheriff shall forthwith proceed 10
Ivy upon any property OF the En.lx-
fnsnf debtor not exempt from execution
ami all subsequent proceedings Under
sald execution shall conform "a the
provisions Of this act. The Judgment
ffedgof may also obtain from The clerk
Of the court execution on executions in
the ordinary form for such deficiency.
Provided, that in case Of mortgage fore
Closure where the mortgage contains a
stipulation that no deficiency Judgment
shat be taken asainss The mortsagor
bat that the merfgaSee shall look to
the mertgaged premises far satisfaction
Of his csatn. no deficiency Judgment
snail hc allowed The commencement
% az actsesn for tue recovery Of a debt
Secured by mortgage nat asking for a
seseglesuFe OF shs mortgage and
tg0asat before a fofsclosufe If the
mortgage AID aela Hereunder. shall he.
asfst be deemed Ia be a waiver ~ the
mortgage security: and this provision
may act he waived or avoided ny agree-
n1eas contained In the mortgage or
otherwise
sec. Before the sale of property un-
Ger execution. ORDER OF sale az decree.
nstfcs thereof shall be given "a follows;
! IN vase ~ personal property by pest
tas Written ar prtutezf notice ~ the
tine ana Place OF sale sn three t1a ,ssin~
hs places IN tas cauasr where the sale
+ IN take place. for "a psrias of ret less
'asn ten tist aays prior 20 The day of
saIT- :, In case or real property. ny
POSTING a similar notice. particularly de-
ssfie'aS the property. for rartssd 81
hek lesSs than suur ga weeks prior 20
'Ae aas ST sale IN three ts puhisG places
IN the ceUatv. enc OF which shah hs at
sae court house door where the prop
eFty - e. he s0lS. and enc p0Siesi on
re property r. be ss,sa ard publishing
cary fhefeaf eace n wreck. scnsera-
lively s1t tae same VerrcE. ~ a news
fare~ ef general circulation published
n thH caGngy. : Al notices of sales
~ property ep ese,glsoa o. order ~ sale
Required ny ,aw - ts published n any
ssNSneeer shall he Published IN a
sswssaa,e~ az Ias. cogfsy which stssD 30
eesvets& hv tNe sheriff sisd tf there -
ne Newspaper published ~ the csumsy.
iAsa such aotice stall se published In
fas new@saaer gssa,isaet In sa&s STATE
seare~t - tau ptscN ~ xste. Provided
iass Z tss ierson az whose Instance
TIE sNeeHss8u ar order ~ sale 81 issss.st
o. b. aersyaes. ehs-l pscSsas - sAe
sasTEr reee}ps ~ TIE publisher ~ ans
nswspaEer showing gssli payment far She
naa.S Astoo 1Aea me notice shall Be
nsssis ss r. taSt newspaper. Ana pro
slae1 faTshsE sAas the esssEge Tor sfx
sSch naa.{cat SD saaa mas esessd Soy
ssty-sve ge0fs r=* square fer arst .nSsT~
asa. ard ,hfr.s seven ana one~a&ag
rsg,s gev square fer escs subsequent
tssss'loa
So 81 safes - property gass@r
ssaS&,ta. Qg&eg$ ~ sac eT decree. sssaA
he made ~ suesiam between = cs<ssA
" de eseFrsnx 5 a's-ioea "a tie sf-
sSsrseea. Aggrr sufficient pyoGxgsy A@s