1. After the disposition of real property as provided in this article, the court shall
direct the distribution of the proceeds.
2. The court shall direct the payment from the proceeds of all debts, in equal proportion,
without giving a preference to a debt founded upon a specialty or upon which judgment
has been taken.
3. The court shall direct the investment of any portion of the proceeds belonging
to the infant, incompetent person or conservatee which is not needed for the payment
of debts, or the safe keeping, or the immediate maintenance and education of himself
or his family, or for the preservation or improvement of his real property or his
interest in real property.
4. The court shall require a report, under oath, of the disposition and investment
of the proceeds to be made as soon as practicable, and must compel periodical accounts
to be rendered thereafter by each person who is intrusted with the proceeds or any
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