135.120 Levy of execution on previously encumbered property -- Sale and distribution of proceeds. - Kentucky Statutes

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135.120 Levy of execution on previously encumbered property -- Sale and distribution of proceeds. When the property of the defendant in execution, upon a judgment against a defaulting
public officer, is encumbered by a previous bona fide mortgage, deed of trust or other
encumbrance or prior lien, the officer shall, if no other property is found upon which to
levy the execution, levy it upon the encumbered property and return the same. He shall
make return of all the facts known to him, giving the date and consideration of the
instrument creating the lien, to whom made, when recorded, the evidences of any prior
lien, and the names of the parties who claim the same. Proceedings may be instituted by
the sheriff or the Department of Revenue, in the name of the state, in the county where
the property is located, to have the property sold, the claims and demands, if just,
satisfied, all encumbrances removed, and the proceeds of the sale of the property
rightfully applied. Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 291, effective June 20, 2005. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat.
sec. 4179.