(65 ILCS 5/9-2-69) (from Ch. 24, par. 9-2-69)
Sec. 9-2-69.
Redemption of special assessment liens may be made prior to
the entry of a foreclosure judgment by payment to the county clerk of the
amount of the lien as determined by order of court, together with interest
thereon at the rate of 12% for each 6 months or portion thereof intervening
between the time of sale and the time of redemption. Redemptions made after
foreclosure judgment and sale shall be the same as provided for in Section
21-75 of the Property Tax Code.
The county clerk shall be entitled to the same fees for issuing
estimates of the cost of redemption, issuing certificates of cancellation,
certificates of redemption and cancelling sales of special assessment liens
as he is presently entitled to by law in regard to tax sales.
(Source: P.A. 88-670, eff. 12-2-94.)
|