40-112. Indivisible homestead; sale; proceeds; disposition.
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.
Source
Annotations
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).
Structure Nebraska Revised Statutes
40-101 - Homestead, defined; exempted.
40-102 - Homestead; selection of property.
40-103 - Homestead; exemption; when inoperative.
40-104 - Homestead; how conveyed or encumbered; assertion of claim of invalidity of conveyance.
40-105 - Homestead; selection; procedure.
40-106 - Homestead; selection; application; contents.
40-107 - Homestead; selection; application; filing; service.
40-108 - Homestead; selection; hearing.
40-110 - Homestead; when set off; selection of other lands.
40-111 - Indivisible homestead; sale; conditions.
40-112 - Indivisible homestead; sale; proceeds; disposition.
40-113 - Indivisible homestead; sale; surplus proceeds; protection.
40-116 - Homestead; protection of surplus after execution sale.