604. Redemption by intervening incumbrancers.

604.     Redemption by intervening incumbrancers.

Proceedings by the second mortgagee to redeem the first are in effect proceedings for foreclosure against the incumbrancers subsequent to himself and against the mortgagor. As regards the first mortgagee, the order is the same as that made in redemption proceedings1. The account under the first mortgage is taken, and, if the claimant redeems, the order then proceeds, as in foreclosure proceedings, to give the subsequent incumbrancers, and ultimately the mortgagor, the chance of redeeming, and in default they are successively foreclosed2. Therefore, if the claimant redeems and is not in his