§ 103. When real estate mortgaged
At the time of such levy of execution, if such homestead or real estate is encumbered by mortgage, the value and location of the homestead shall be fixed as provided in section 102 of this title and thereupon the sale shall proceed in the same manner as when a right to redeem mortgaged lands is taken. Only such portion of the mortgage as is in excess of the value of such real estate, aside from such homestead, shall rest on such homestead.
Structure Vermont Statutes
Chapter 3 - Estates of Homestead
§ 101. Definition; exemption from attachment and execution
§ 102. Designating homestead in case of levy
§ 103. When real estate mortgaged
§ 105. Surviving spouse’s interest in homestead
§ 107. Liability of homestead for debts
§ 108. Liability of homestead for taxes
§ 109. Acquisition of new homestead
§ 141. Execution and acknowledgment of conveyance
§ 142. Homesteader under guardianship
§ 143. Spouse with a mental condition or psychiatric disability
§ 144. Effect when spouse joins in conveyance
§ 145. Effect of spouse joining in mortgage
§ 181. Appraisal and severance of homestead
§ 182. Application to Superior Court for relief
§ 183. Transfer or sale in lieu of severance