2A:50-2.1 - Time for bringing action on note for deficiency

2A:50-2.1.  Time for bringing action on note for deficiency
    In the case of a mortgage given to secure a debt evidenced by a note, where  foreclosure proceedings are instituted within the time prescribed by the  Statute of Limitations, action on the note for any deficiency may be commenced  within the 3-month period provided by N.J.S. 2A:50-2, regardless of whether  said action would otherwise be barred for lapse of time.

     L.1979, c. 286, s. 11.