673. Effect of failure to redeem.

673.     Effect of failure to redeem.

Failure by a mortgagor to pay the amount certified due to the mortgagee within the time fixed by the order for redemption involves the dismissal of the claim1, unless the court for good cause extends the time2. The court will not readily extend the time in a redemption claim3, but it will do so in a case of genuine mistake4.