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In case the proceeds of the sale of a foreclosed property exceed the liability covered by the Agency through payment of the insurance, said excess shall be covered by the Agency into the account of the Insured Mortgages Reserve Fund. History —June 25, 1965, No. 87, p. 216, § 8; July 23, 1974, No. 215, Part 2, p. 123, § 1.