South Dakota § 21-49-29 Application of sale proceeds.

South Dakota Statutes

§ 21-49-29 — Application of sale proceeds.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-49 SHORT-TERM REDEMPTION MORTGAGES

It shall be the duty of any officer who conducts any such sale to apply the proceeds in the following priority:

(1)To the payment of the expenses of sale;

(2)To the payment of the costs included in the judgment upon which sale was made;

(3)To the discharge of the debt adjudged to be due;

(4)To pay the surplus, if any, into court for the use of the defendants subject to the order of the court.

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It shall be the duty of any officer who conducts any such sale to apply the proceeds in the following priority: (1) To the payment of the expenses of sale; (2) To the payment of the costs included in the judgment upon which sale was made; (3) To the discharge of the debt adjudged to be due; (4) To pay the surplus, if any, into court for the use of the defendants subject to the order of the court.

South Dakota § 21-49-29 (Application of sale proceeds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.