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§58-385.3.


§58-385.3.
   
   Upon such hearing, if the court is satisfied that it is for the best
   interest of the estate and to the owners of such real estate he may
   make an order authorizing the guardian to borrow money, make, execute
   and deliver a note or notes therefor and to make, execute and deliver
   a real estate mortgage securing the same, in such amount, at such rate
   of interest and upon such terms and conditions as the court may
   prescribe and may, if he deems it advisable require an additional bond
   as in the case of the sale of real estate. After the order of the
   court authorizing the same is made, the guardian may make and execute
   the note or notes and mortgage and shall then present the same to the
   district court or judge thereof, who shall examine the same, and if
   they appear to be in conformity to law and the order of the court, the
   judge of the district court shall endorse his approval on the face of
   the mortgage. Thereafter the guardian may proceed to close the loan by
   receiving the funds so borrowed and by delivering the note or notes
   and mortgage. All such notes and mortgages shall be valid and binding
   obligations against the estate and against the real estate so
   mortgaged in accordance with the terms and conditions of such
   mortgage.
   

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