Extension of redemption time after foreclosure commenced

23 M.R.S. § 5174, under Chapter 605.

23 M.R.S. § 5174

The persons interested in a prior mortgage on which a foreclosure is commenced, at a meeting called for the purpose, may extend the time of redemption. Thereupon the trustees of the mortgage, by a suitable writing, delivered to the party entitled to redeem, shall extend the time accordingly.