Section 554.233 - Modification of mortgage. - Michigan Statutes

ASSIGNMENT OF RENTS TO ACCRUE AS ADDITIONAL MORTGAGE SECURITY (EXCERPT)
Act 210 of 1953

554.233 Modification of mortgage.

Sec. 3.

While the mortgage remains in force no modification of the rental covenants in such lease shall be binding upon the holder of such mortgage without his written consent thereto.

History: 1953, Act 210, Eff. Oct. 2, 1953