B. A domestic title insurer may invest its capital, surplus and accumulations in excess of the amount of minimum paid-in capital required under this title in the investments made eligible for funds of domestic insurers by sections 20-537 through 20-541, sections 20-543 through 20-548 and sections 20-551, 20-554 and 20-555 and in addition in the following investments:

1. 1. Real estate loans. Ground rents and bonds, notes or other evidences of indebtedness, secured by first mortgages or trust deeds on unencumbered and improved real property located in any state, district or territory of the United States, and in investments in the equity of the seller under contracts covering the entire balance due on bona fide sales of the real property, provided, however, that a loan guaranteed or insured in full by the administrator of veterans' affairs pursuant to the federal servicemen's readjustment act of 1944, as amended, may be subject to a prior encumbrance. Real property shall not be considered to be encumbered within the meaning of this subsection by reason of the existence of instruments reserving mineral, oil, water or timber rights, rights-of-way, sewer rights, rights in walls or driveways, by reason of liens inferior to the lien securing the loan of the insurer, or liens for taxes or assessments not yet delinquent, or by reason of building restrictions or other restrictive covenants or by reason of any lease under which rents or profits are reserved to the owner, if, in any event, the security for the loan is a first lien on the real property, and if there is no condition or right of re-entry or forfeiture under which the lien can be cut off, subordinated or otherwise disturbed. Real property shall be deemed to be improved if such real property is a lot or portion of a subdivision or development that has been improved by off-site improvements for the general benefit of all or a portion of the subdivision or development. No mortgage or trust deed, loan or investment in a seller's equity under a contract made or acquired by the insurer on any one property shall at the date of investment exceed seventy-five per cent of the value of the real property securing the loan, or subject to the contract, provided, however, that the limitation in respect to value shall not apply to a loan which is:

   1. (a) Insured by, or for which a commitment to insure has been made by, the federal housing administrator or commissioner pursuant to the federal national housing act, as amended;
   2. (b) Guaranteed by the administrator of veterans' affairs pursuant to the federal servicemen's readjustment act of 1944, as amended, except that if only a portion of a loan is so guaranteed, the limitation shall apply to the portion that is not guaranteed;
   3. (c) Insured by the administrator of veterans' affairs pursuant to the federal servicemen's readjustment act of 1944, as amended.
2. 2. Federal housing administrators debentures. Debentures issued by the federal housing administrator or commissioner in settlement of claims pursuant to the federal national housing act, as amended.
3. 3. National mortgage association securities. Securities of national mortgage associations or similar national mortgage credit institutions organized under the federal national housing act, as amended.
4. 4. Federal land bank and related securities. Bonds, debentures and other obligations of federal land banks or federal intermediate credit banks issued pursuant to the federal farm loan act, as amended, or of banks for cooperatives issued pursuant to the farm credit act of 1933, as amended.
5. 5. Loans on leaseholds. Loans on leasehold estates on improved, unencumbered real estate located in any state, district or territory of the United States, provided that no loan shall exceed seventy-five per cent of the value of the leasehold at the date of investment, and provided further that every loan shall provide for amortization by repayments of principal at least once in each year in amounts sufficient to repay the loan within a period of four-fifths of the unexpired term of the leasehold, but within a period of not more than thirty-five years.
6. 6. Federal savings and loan insurance corporation obligations. Bonds, notes or obligations issued, assumed or guaranteed by the federal savings and loan insurance corporation, under the federal national housing act, as amended.
7. 7. Federal home loan bank obligations. Bonds, notes or obligations issued, assumed or guaranteed by the federal home loan bank, or issued, assumed or guaranteed by the federal home loan bank board under the federal home loan bank act, as amended.

D. Any title insurer that is organized under the laws of this state may purchase, receive, hold and convey real estate or an interest in real estate:

1. 1. Required for its convenient accommodation in the transaction of its business with reasonable regard to future needs.
2. 2. Acquired in connection with a claim under a policy of title insurance.
3. 3. Acquired in satisfaction or on account of loans, mortgages, liens, judgments or decrees, previously owing to it in the course of its business.
4. 4. Acquired in part payment of the consideration of the sale of real property owned by it if the transaction shall result in a net reduction in the company's investment in real estate.
5. 5. Reasonably necessary for the purpose of maintaining or enhancing the sale value of real property previously acquired or held by it under paragraph 1, 2, 3 or 4 of this subsection.