The proceeds from a foreclosure sale are distributed in the following order:
(1) To pay the costs and expenses of the sale, including trustee and attorney fees;
(2) To pay the debt secured by the mortgage or deed of trust;
(3) To pay debts secured by junior mortgages or deeds of trust, in their order of priority; and
(4) The remainder, if any, goes to the owner of the property or his or her successor in interest.
Civil Code Section 2924k.