(735 ILCS 5/15-1505)
(from Ch. 110, par. 15-1505)
Real Estate Subject to Senior Liens.
During a foreclosure, and any time prior to sale, a mortgagee or any other
lienor may pay (i) when due installments of principal, interest or other
obligations in accordance with the terms of any senior mortgage, (ii) when
due installments of real estate taxes or (iii) any other obligation
authorized by the mortgage instrument. With court approval, a mortgagee or
any other lienor may pay any other amounts in connection with other liens,
encumbrances or interests reasonably necessary to preserve the status of title.
(Source: P.A. 84-1462.)