§ 3356. Subrogation of creditor by payment
When such creditor pays or tenders such debt to the mortgagee, pledgee, or holder of such lien, as provided in sections 3353-3355 of this title, he or she shall be subrogated to all the rights of such mortgagee, pledgee, or holder, and may cause the same to be sold in the same manner that unencumbered personal property may be sold on mesne or final process; and the proceeds of such sale shall be applied first, in payment of the sum paid by such creditor to such mortgagee, pledgee, or holder and second, to satisfy the execution.
Structure Vermont Statutes
Chapter 123 - Attachment of Property
§ 3251. Attachment or levy of execution by filing
§ 3255. Taking possession with or without filing
§ 3256. Custody of attached property; penalties
§ 3257. Buildings erected by mortgagor or lessee
§ 3291. Service of copies of attachment
§ 3292. Recording by town or Superior clerk
§ 3293. Discharge of attachment lien
§ 3294. Liability for refusal to discharge attachment lien
§ 3295. Attachment of real estate and personal property
§ 3331. Subsequent attaching creditors of real or personal property permitted to defend
§ 3332. Admissions of defendant
§ 3333. Costs when plaintiff recovers in full
§ 3334. Costs when plaintiff recovers in part
§ 3351. Attachment, taking in execution, and sale
§ 3352. Statement of secured debt
§ 3353. Payment of debt if due
§ 3354. Payment of debt becoming due before sale
§ 3355. Payment of debt not due
§ 3356. Subrogation of creditor by payment
§ 3357. Sale of property subject to mortgage, pledge, or lien
§ 3358. Subrogation of purchaser
§ 3359. Property subject to conditional sales contract—Attachment and execution
§ 3361. Defense in action by vendor
§ 3362. Mortgagee taking possession; foreclosure of mortgage, pledge, or lien
§ 3364. Service of process on person holding property
§ 3365. Sale of reversionary interest
§ 3401. Sale by consent of parties
§ 3402. Attachment after advertisement
§ 3403. Perishable property—Notice of sale; appraisers
§ 3404. Duties of appraisers; sale
§ 3406. Delivery of property to defendant on giving security
§ 3407. Officer to account for appraised value