SECTION 34-7. Real estate, subject to encumbrances, may be set apart; if sold, how surplus disposed of  

Such real estate may be selected and set apart as aforesaid, subject to any paramount encumbrances thereon. If a sale be had to satisfy the encumbrances, the surplus of the proceeds, if any, not exceeding the amount to which the householder is entitled under § 34-4 , shall be paid to the householder and invested by him in such other property as he may select.

Code 1919, § 6533.