21-48-2. Recording of mortgage and assignments required before foreclosure.
49 words·~1 min read·
/sd/title-21/chapter-21-48/21-48-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To entitle any party to foreclose by advertisement, it shall be necessary that the mortgage containing such power of sale has been duly recorded and, if it shall have been assigned, that all the assignments thereof have been duly recorded in the county where such mortgaged premises are situated.