KRS 426.525: Mortgage foreclosure forbidden -- Rights of mortgagee after default.

Foreclosure of a mortgage is forbidden; provided, however, that this section shall not

preclude a mortgagee after default from taking possession of property subject to the

mortgage which has been abandoned by the mortgagor, for the purpose of preserving an d

maintaining the same, harvesting crops, or letting the same, all to the account of the

mortgagor; and any reasonable expenses incident thereto including taxes and insurance

shall be added to the principal of the mortgage, and secured by it. For the purpo se of this

section, property shall be deemed to have been abandoned when the mortgagor has

moved from the property and when by the nature of the property in question when further

neglect or failure to attend will decrease its value. Any right a mortgagee a cquires in a

tenant's interest in crops raised on shares is inferior to any prior existing lien of the

landlord on the tenant's interest. Nothing in this section shall be construed as conflicting

with the provisions of KRS 383.110 or 426.205.