Iowa Code

Iowa Code § 654.2 (2026)

Deeds of trust

✓ current as of July 2026
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Deeds of trust of real property may be executed as securities for the performance of contracts, and shall be considered as, and foreclosed like, mortgages. [C51, §2096; R60, §3673; C73, §3318; C97, §4284; C24, 27, 31, 35, 39, §12373; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §654.2]

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Notes of Decisions
Cited in 4 cases, 1991–2002 · leading case: West Branch State Bank v. Gates, 477 N.W.2d 848 (Iowa 1991).
West Branch State Bank v. Gates, 477 N.W.2d 848 (Iowa 1991). · cites it 2× “” Iowa Code § 654.2 . After Ferral had taken bankruptcy, the bank’s only remedy was to proceed in rem and foreclose on the eighty-acre farm property.”
Lacina v. Maxwell, 501 N.W.2d 531 (Iowa 1993). · cites it 2× “Section 654.2 provides that deeds of trust will be foreclosed under the mortgage foreclosure procedures, and section 654.”
Willow Tree Investments, Inc. v. Wilhelm, 465 N.W.2d 849 (Iowa 1991). · cites it 2× “Iowa Code § 654.2 . Willow Tree urges that the statute was not intended to operate as between the mortgagor and the mortgagee.”
Nash Finch Co. v. Corey Dev., Ltd., 231 F. Supp. 2d 882 (N.D. Iowa 2002). · cites it 2× “Section 654.2 of the Code of Iowa provides that deeds of trust of real property are to be foreclosed like mortgages.”
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