Security for payment.

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  • (1) for the whole or convenient portions of the purchase money;
  • (2) on any part of the property directed by the court to be sold on credit;
  • (3) for the shares of any known owner of full age, in the name of the owner;
  • (4) for the shares of a minor, in the name of the guardian of the minor; and
  • (5) for other shares, in the name of the clerk of the court and his successors in office.




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