Metropolitan Life Insurance v. Hodapp

— The right to an extension of the period of redemption is based upon the provisions of Chapter 179 of the Acts of the 45th General Assembly of Iowa. The provisions of this chapter are made applicable to an “action, for a real estate foreclosure of a mortgage or a deed of trust, which has been commenced in any of the courts, and in which a decree has been or may hereafter be entered, but the redemption period, as now provided, has not expired, upon application of the owner or owners of such real estate,” etc. Section 1. By Section 2 of the act it is provided: “During the period of extension…