§ 28-24-08 — Protection of debtor

In case any mortgagor, redemptioner, or judgment debtor objects to the payment of any
insurance premium, taxes, or prior liens on account of the incorrectness or invalidity thereof,
that person may file with the sheriff an indemnity bond, in an amount and with sureties to be
approved by the judge of the district court, and thereupon the sheriff shall permit redemption to
be made without the payment of such insurance premiums, taxes, or prior liens so excepted to,
and the purchaser may determine the correctness or validity thereof and may collect the same
by an action directly upon such bond, which action must be brought within one year next
following such redemption.