Postponement or extension shall not substantially diminish value of contract or obligation

Miss. Code Ann. § 89-1-325, under Land and Conveyances.

Miss. Code Ann. § 89-1-325

No postponement or extension shall be ordered under conditions which, under the temporary emergency, would substantially diminish or impair the value of the contract or obligation of the person against whom the relief is sought without reasonable allowance to justify the exercise of the police power hereby authorized.