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§58-485.


§58-485.
   
   When any sale is made by an executor or administrator, pursuant to the
   provisions of this chapter, of lands subject to any mortgage or other
   lien, which is a valid claim against the estate of the decedent and
   has been presented and allowed, the purchase money must be applied,
   after paying the necessary expenses of the sale, first to the payment
   and satisfaction of the mortgage or lien, and the residue, if any, in
   due course of administration. The application of the purchase money to
   the satisfaction of the mortgage or lien must be made without delay;
   and the land is subject to such mortgage or lien until the purchase
   money has been actually so applied. No claim against any estate which
   has been presented and allowed is affected by the statute of
   limitations, pending the proceedings for the settlement of the estate.
   The purchase money, or so much thereof as may be sufficient to pay
   such mortgage or lien, with interest, and any lawful costs and charges
   thereon, may be paid into the district court, to be received by the
   judge thereof, whereupon the mortgage or lien upon the land must
   cease, and the purchase money must be paid over by the judge without
   delay, in payment of the expenses of the sale and in satisfaction of
   the debt, to secure which the mortgage or other lien was taken, and
   the surplus, if any, at once returned to the executor or
   administrator, unless, for good cause shown, after notice to the
   executor or administrator, the judge otherwise directs.
   

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