HomeMy WebLinkAbout0947 successful bidder, the successful bidder shall pay, in
addition to the amount bid, the Clerk's fee and the
documentary stamps due on the certificate of title.
5. On filing the certificate of title the Clerk shall
distribute the proceeds of the sale and all procee~s deposited
by the Receiver, if any, pursuant to paragraph 6 herein, so
far as they are sufficient, by paying to the plaintiff:
first, all of plaintiff's costs; secord, documentary stamps
affixer] to the certificate; third, plaintiff's attorneys'
fees; fourth, the total sum due to plaintiff less the items
paid plus interest at the rate prescribed by law from this
aate to the date of the sale; fifth, payment of the R~ceiver's
fees as provided herein; and sixth, by paying to the record
owner of the property all remaining amounts.
6. The Receiver duly appointed in this cause, if any,
will file his interim ~inal accounting of all receipts and
expenditures arising out of his administration of the property
placed in his ~harge in this cause and his petition for
expenses, costs and fees. Any excess receipts will be
dep~sited with the Clerk of this Court. The Receiver shall
set forth in his interim final accounting any expenditures for
which he has not been reimbursed. If the Court finds upon
s considering Receiver's interim final accounting and petition
~ for expenses, costs and fees, that the Receiver is entitled to
f
~ reimbursement for expenses, costs and fees, plaintiff may
reimburse the Receiver for such costs, expenses and fees and
such payment by plaintiff shall be secured by the Mortgage
along with all of the other indebtedness secured thereby as
set forth herein.
~ 7. Subsequent to the Clerk's sale of the mortgaged
p~operty, the Court will hold a hearing on the day of
~ ~ui , 1985, at 3 u a.m, , at which time the
~ Court will consider the Receiver's final accounting and
~
petition for discharge.
~ 3 Ba~x 46~ ~~~E 945
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