Section 45-1805 – PRIORITY OF LIEN.
45-1805. PRIORITY OF LIEN. The lien created by section 45-1802, Idaho Code, is preferred to a lien or security interest in favor of a creditor of the purchaser, regardless of whether the creditor’s lien or security interest attaches to the agricultural product or proceeds of the sale of the agricultural product before or after the […]
Section 45-1806 – DISCHARGE OF LIEN.
45-1806. DISCHARGE OF LIEN. The lien created by section 45-1802, Idaho Code, is discharged when the lienholder receives full payment for the agricultural product. If payment is received in the form of a negotiable instrument, full payment is received when the negotiable instrument clears banking channels. History: [45-1806, added 1983, ch. 202, sec. 1, p. […]
Section 45-1807 – FILING NOTICE OF DISCHARGE.
45-1807. FILING NOTICE OF DISCHARGE. (1) If a notice of lien is filed pursuant to section 45-1804, Idaho Code, and the lienholder subsequently receives full payment, the lienholder shall file with the secretary of state a notice of discharge, signed by the lienholder, declaring that full payment has been received and that the lien is […]
Section 45-1512 – MONEY JUDGMENT — ACTION SEEKING BALANCE DUE ON OBLIGATION.
45-1512. MONEY JUDGMENT — ACTION SEEKING BALANCE DUE ON OBLIGATION. At any time within 3 months after any sale under a deed of trust, as hereinbefore provided, a money judgment may be sought for the balance due upon the obligation for which such deed of trust was given as security, and in such action the […]
Section 45-1513 – TRANSFERS AND TRUSTS ARE CONVEYANCES.
45-1513. TRANSFERS AND TRUSTS ARE CONVEYANCES. A deed of trust or transfer of any interest in real property in trust to secure the performance of any obligation shall be a conveyance of real property. History: [45-1513, added 1957, ch. 181, sec. 13, p. 345.]
Section 45-1303 – VALIDATION OF FORMER PROCEEDINGS TO QUIET TITLE.
45-1303. VALIDATION OF FORMER PROCEEDINGS TO QUIET TITLE. All proceedings heretofore taken in any suit for the foreclosure of a mortgage or lien upon real property, and all judgments and decrees made, filed and docketed under such proceedings, and wherein the plaintiff, cross-complainant or plaintiff in intervention has quieted the title in such action or […]
Section 45-1514 – RECONVEYANCE UPON SATISFACTION OF OBLIGATION.
45-1514. RECONVEYANCE UPON SATISFACTION OF OBLIGATION. Upon performance of the obligation secured by the deed of trust, the trustee upon written request of the beneficiary shall reconvey the estate of real property described in the deed of trust to the grantor; providing that in the event of such performance and the refusal of any beneficiary […]
Section 45-1502 – DEFINITIONS — TRUSTEE’S CHARGE.
45-1502. DEFINITIONS — TRUSTEE’S CHARGE. As used in this act: (1) "Beneficiary" means the person named or otherwise designated in a trust deed as the person for whose benefit a trust deed is given, or his successor in interest, and who shall not be the trustee. (2) "Grantor" means the person conveying real property by […]
Section 45-1515 – TIME LIMITS FOR FORECLOSURE.
45-1515. TIME LIMITS FOR FORECLOSURE. The foreclosure of a trust deed by advertisement and sale shall be made and the foreclosure of a trust deed by judicial procedure shall be commenced within the time limited by the same period and according to the same provisions including extensions as provided by law for the foreclosure of […]
Section 45-1503 – TRANSFERS IN TRUST TO SECURE OBLIGATION — FORECLOSURE.
45-1503. TRANSFERS IN TRUST TO SECURE OBLIGATION — FORECLOSURE. (1) Transfers in trust of any estate in real property as defined in section 45-1502(5), Idaho Code, may hereafter be made to secure the performance of an obligation of the grantor or any other person named in the deed to a beneficiary. Where any transfer in […]