(1) The proceeds of the sale of the encumbered property shall be distributed by the judgment of the court as follows—(1) to pay its just proportion of the general cost of the action;(2) to pay the costs of the reference;(3) to satisfy the several liens, in their order of priority, by payment of the sums due and to become due, according to the judgment; and(4) the residue among the owners of the property sold, according to their respective shares.
(1) to pay its just proportion of the general cost of the action;
(2) to pay the costs of the reference;
(3) to satisfy the several liens, in their order of priority, by payment of the sums due and to become due, according to the judgment; and
(4) the residue among the owners of the property sold, according to their respective shares.