Upon the application of any property owner, and upon due notice to the city of Monroe and all other property owners and lienholders, the court may order the money deposited, or any part thereof, be paid forthwith to the person entitled thereto for or on account of the just and adequate compensation to be awarded in the proceedings. The court shall order the payments of taxes, encumbrances, and other charges out of the deposit.
La. R.S. § 19:387