40-112. Indivisible homestead; sale; proceeds; disposition.
60 words·~1 min read·
/ne/chapter-40/40-112A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the sale is made, the proceeds thereof, to the amount of the homestead exemption, must be paid to the claimant, and the balance applied to the satisfaction of the execution.
Sheriff's deed on execution sale of homestead passes title to purchaser, where homestead interest is extinguished by mortgage thereof. Hess v. Eselin, 110 Neb. 590, 194 N.W. 469 (1923).