The provisions of Subsections C, D and E of Section 56-8-9 NMSA 1978 are not applicable to loans secured by a first mortgage on farm, ranch or agricultural real estate where the purpose of the loan is primarily for farming, ranching or agricultural purposes. History: 1953 Comp., § 50-6-15.1, enacted by Laws 1977, ch. 293, § 5.
Farm, ranch and agriculture loans
NMSA 1978, § 56-8-10 — under Article 8.
NMSA 1978, § 56-8-10