Sec. 09.45.380. Application of proceeds from sale of encumbered property.
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Sec. 09.45.380. Application of proceeds from sale of encumbered property.
The proceeds of the sale of the encumbered property shall be applied under the direction of the court as follows:
(1)to pay its just proportion of the general cost of the action;
(2)to pay the costs of the reference;
(3)to satisfy the several liens in their order of priority by payment of the sums due and to become due;
(4)the residue among the owners of the property sold according to their respective shares, as found by the court.