S-5140

   Amend House File 2234, as passed by the House, as follows:
   1.  By striking page 1, line 33, through page 2, line 30.
   2.  Page 3, by striking lines 3 through 11 and inserting <be reduced to six months, or reduced to three months if the property is not used for an agricultural purpose as defined in section 535.13, provided in all cases under this section that the mortgagee waives in the foreclosure action any rights to a deficiency judgment against the mortgagor which might arise out of the foreclosure proceedings. In such event the debtor will, in the meantime, be entitled to the possession of said real property; and if such redemption period is so reduced, for the first three two months after sale such right of redemption shall be exclusive to the debtor, and the time periods in sections 628.5, 628.15, and 628.16, shall be reduced to four three months.>

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DAN ZUMBACH