§ 9-26-9. Proceeds of sale of mortgaged property.
The proceeds of the sale shall be applied to the payment of the amount due on the mortgage, with such deduction for interest for the anticipated payment, or allowance for damages for such anticipated payment, as may be ascertained and allowed by the court to which the execution is returnable, and the balance shall be applied to the payment of the amount due on the execution.
History of Section.C.P.A. 1905, § 629; G.L. 1909, ch. 304, § 6; G.L. 1923, ch. 355, § 6; G.L. 1938, ch. 553, § 6; G.L. 1956, § 9-26-9.
Structure Rhode Island General Laws
Title 9 - Courts and Civil Procedure – Procedure Generally
Chapter 9-26 - Levy and Sale on Execution
Section 9-26-1. - “Trustee” defined.
Section 9-26-2. - Duty to execute and return writs.
Section 9-26-3. - Body of deceased person exempt.
Section 9-26-4. - Property exempt from attachment.
Section 9-26-4.1. - Homestead estate exemption.
Section 9-26-5. - Exemption of police and firefighters’ pensions — Assignments invalid.
Section 9-26-6. - Setoff of executions.
Section 9-26-7. - Mortgaged personal property.
Section 9-26-8. - Sale of mortgaged property.
Section 9-26-9. - Proceeds of sale of mortgaged property.
Section 9-26-10. - Redemption of mortgaged property by plaintiff in execution.
Section 9-26-11. - Attachment void unless mortgage redeemed or property sold.
Section 9-26-12. - Retention of goods levied on by officer — Perishable goods.
Section 9-26-13. - Sale at auction — Surplus proceeds.
Section 9-26-14. - Recording of execution against real estate.
Section 9-26-15. - Recording effective as levy.
Section 9-26-16. - Advertisement and sale of real estate levied on — Disposition of proceeds.
Section 9-26-17. - Adjournment of sale.
Section 9-26-18. - Sale after return day of execution.
Section 9-26-19. - Form of deed on execution sale.
Section 9-26-20. - Time of attachment shown in deed.
Section 9-26-21. - Copies of execution records as evidence.
Section 9-26-22. - Levy on attached stock.
Section 9-26-23. - Sale and transfer of stock.
Section 9-26-24. - Levy on corporate stock not previously attached.
Section 9-26-25. - Execution against corporations — Action against officers and stockholders.
Section 9-26-26. - Execution against corporation officers and stockholders.
Section 9-26-27. - Interest on execution.
Section 9-26-28. - Execution against a deputy sheriff.
Section 9-26-29. - Execution against body of a deputy sheriff for want of property.
Section 9-26-30. - Priority of attachments.
Section 9-26-31. - Priority of levies.
Section 9-26-32. - Time of day of levy to be noted.
Section 9-26-33. - Discharge after twenty years of levy against real estate.
Section 9-26-34. - Attachment of state and municipal employees’ wages.