Foreclosure by advertisement available if mortgage contains power of sale.

  1. Law
  2. South Dakota Codified Laws
  3. Judicial Remedies
  4. Foreclosure Of Real Property Mortgage By Advertisement
  5. Foreclosure by advertisement available if mortgage contains power of sale.

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21-48-1. Foreclosure by advertisement available if mortgage contains power of sale.

Every mortgage of real property containing therein a power of sale, upon default being made in the conditions of said mortgage, may be foreclosed by advertisement.

Source: CCivP 1877, §597; SL 1883, ch 61, §1; CL 1887, §5411; RCCivP 1903, §636; RC 1919, §2876; SL 1927, ch 163; SL 1933, ch 135; SDC 1939 & Supp 1960, §37.3001; SL 1961, ch 199.


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