§ 1-348. Payment made to court; land sold on default.
110 words·~1 min read·
/nc/chapter-1/1-348A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 1-348. Payment made to court; land sold on default.
The payment must be made to the plaintiff, or into court for his use, and the land is bound therefor, and if the defendant fails to make the payment within or at the times limited therefor, the court may order the land sold and the proceeds applied to the payment of said value and interest, and any surplus to be paid to the defendant; but if the net proceeds are insufficient to satisfy the said value and interest, the defendant is not bound for the deficiency. (1871-2, c. 147, s. 13; Code, s. 485; Rev., s. 664; C.S., s. 707.)