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§58-385a.
§58-385a.
In addition to the grounds and reasons now set forth and provided by
law for which the district court may grant authority to administrators
or executors of the estates of deceased persons to mortgage, by
contract, renewal or new mortgage, the real estate of such estates,
the district court may, upon verified petition supported by sufficient
evidence showing that the best interest of the owners of the real
estate belonging to any such estate requires it, by an Order, grant
authority to such administrators or executors to mortgage the real
estate, or any part thereof, except the homestead, belonging to an
estate of a deceased person for the purpose of borrowing or securing
money and funds with which to pay off and discharge outstanding and
unpaid debts against the estate of such deceased persons, legally
ordered and unpaid family allowance and expenses and charges of
administration, whether said property has or has not before that time
been mortgaged by the decedent or by the administrator or executor of
his estate.
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