36-9-36-57. Foreclosure actions; payment of judgment; costs and attorney's fees; decree

IN Code § 36-9-36-57 (2019) (N/A)
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Sec. 57. (a) The court costs and the attorney's fees allowed in foreclosure actions shall be paid directly to the clerk of the court to satisfy that part of a judgment. The remainder of the judgment shall be paid directly to the disbursing officer for the benefit of the special improvement fund of the department that is entitled to the foreclosure proceeds.

(b) The disbursing officer shall do the following:

(1) Enter the payment under subsection (a) on the records and duplicates.

(2) Satisfy the judgment docket as to the payment of the judgment.

(c) The court decree of foreclosure must assign the duties described in subsection (b) to the disbursing officer.

As added by P.L.98-1993, SEC.7.