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§58-385b.


§58-385b.
   
   To obtain an order for mortgaging such real estate for the purpose and
   under the provisions hereof, the administrator or executor must
   present a verified petition to the district court, or to the judge
   thereof, setting forth a description of the property, real and
   personal, on hand and undisposed of, the legally established debts
   outstanding and unpaid, the legally ordered family allowance due and
   unpaid, if any, the amount of the charges and expenses of
   administration, the names and addresses of the heirs, devisees and
   legatees of the decedent, and the specific reason why it will be to
   the best interest of said estate to mortgage, rather than to sell,
   such real estate or a part thereof. Such petition to mortgage shall
   not be filed and the authority therefor shall not be given or order
   therefor made, until after the time within which to present claims has
   expired. Such authority shall not be given or order made therefor, and
   no mortgage on any real estate shall be made, given, executed or
   delivered under the provisions hereof, for an amount in excess of
   two-thirds (2/3) of the appraised value thereof, as established by an
   appraisal made by three disinterested citizens of the county within
   one (1) year of the time of making such order to mortgage.
   

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