206 – Enforcement by Action; When and in What Courts; Procedure in Action to Foreclose Real Property Mortgage Applicable in Actions to Foreclose a Mortgage

§  206.  Enforcement  by action; when and in what courts; procedure in
  action to foreclose real property  mortgage  applicable  in  actions  to
  foreclose  a  mortgage  or  other  lien.  An action may be maintained to
  foreclose a lien upon a chattel, for a sum of money, in any  case  where
  such  a lien exists at the commencement of the action. The action may be
  brought in any court, of record or  not  of  record,  which  would  have
  jurisdiction to render a judgment, in an action founded upon a contract,
  for  a  sum  equal  to  the amount of the lien. For the purposes of this
  section and of sections two hundred seven to two hundred ten inclusive a
  chattel mortgage to secure the payment of a loan of money or other debt,
  or the purchase price of chattels, a contract  of  conditional  sale  of
  personal  property,  a hiring of personal property where title is not to
  vest in the person hiring until payment of a certain sum and a  security
  interest  created by a security agreement in personal property, shall be
  deemed a lien upon a chattel. The procedure in an action to foreclose  a
  mortgage  on  real  property,  in  so far as it may be applicable, shall
  apply in actions to foreclose a mortgage or other lien  on  chattels  or
  other personal property.