(735 ILCS 5/12-134) (from Ch. 110, par. 12-134)
Sec. 12-134.
Bid at more than redemption money.
If at any sale held pursuant
to Section 12-132 of this Act,
a greater amount is bid and the premises sold for more
than the amount of such redemption money, interest and costs, the excess
shall be applied on the judgment under which the redemption was made;
and a certificate of the purchase shall be delivered to the new purchaser in
like form and manner as upon the first sale, for a deed of the premises
so sold, in 60 days from the date of such sale, unless the same are
redeemed before the expiration of that time, by some other judgment
creditor, his or her heirs, executors, administrators
or assigns, or by any defendant,
his or her heirs, executors, administrators, assigns, or any person interested
in the premises through or under the defendant, as provided in Section
12-137 of this Act.
(Source: P.A. 83-707.)
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