21-49-29. Application of sale proceeds.
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.
Source: SL 1977, ch 187, §18.