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§ 15-1403 Common Law Strict Foreclosure

Article XV: Mortgage Foreclosure

Part 14: Methods of Terminating: Mortgagor's Interest in Real Estate

Nothing in this Article shall affect the right of a mortgagee to foreclose its mortgage by a common law strict foreclosure as in existence in Illinois on the effective date of this Article.

Amendment history: (from Ch. 110, par. 15-1403) (Source: P.A. 84-1462.)