Amendment status not verified — confirm the current text below against the official source.
(I) When a mortgag~d property has been to set aside sold under the provisions of this Act, the mortgagor sale and de- · · h · h · J ·t a d or any person having a r1g t or mtere ;t t erem I OSI 11 1 . . h" I . ' confirmation affected by the sa e may, at any time, wit in t 11rty of sale in days from the date of sale, apply to the Committ<'e defau~t . or1of the Mortg;;ige Bank conceined to hwe the sale on d1sm1ssal "d h. d · · h ffi f I of auch ap-set asi e on I~ eposltmg at t e o 1ce o sue 1 plication Bank. (a) for payment to the Mortgage Bank. the amoun specified in the proclamation of sale together with subsequent inteerest and the costs, if any incurred by the bank in bringing the property to sa~e ; and (b) for paymeut to the purchaser, sum equal to uch per cent of the purchase money as prescribed ; (2). If such deposit is made, the Committee shall make an order setting aside the sale. (3) Where no .application is made u1,der ~ub section ( 1) or where such application is made and disallowed, the Committee shall apply to the Regis- trar or to the pason appointed by th..: State in this behalf to make an order co:i.firmirg the sale and on such officer's confirming the sale, it shall become absolute. Distril>ution