Mich. Comp. Laws § 125.1448m: Land contract or mortgage debt secured by evidence of debt of person other than vendee or mortgagor; party; court order.
Where this section sits in the code
- MI Code
- Chapter 125
- Act Act-346-of-1966
Sec. 48m.
If the land contract or mortgage debt is secured by the obligation or other evidence of debt of any other person besides the vendee or mortgagor, the authority may make that person a party to the action, and the court may order payment of the balance of the debt remaining unsatisfied, after a sale of the mortgaged premises, against this other person as well as against the vendee or mortgagor, and may enforce this judgment as in other cases.
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