Running the 1.3.5 installer on an existing 1.3.5 database with jobs in the tree will invalidate the tree structure

Running the setup seems to remove the existing Scheduler root node and the live folder node in the tree.
New Scheduler root and live nodes are created but the references of existing subfolders still point to the deleted live node.

Consequences:
-In the Managed Jobs interface no folders are visible under the live node
-The Managed Starter reports: java.lang.Exception: Failed to create directory: java.lang.Exception: failed to find parent directory of /live in database.