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Code · South Dakota · Title 21 · Chapter 21-49

21-49-11. Foreclosure alternatives available on small tracts subject to chapter--Mortgages under earlier law.

77 words·~1 min read·/sd/title-21/chapter-21-49/21-49-11

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Any mortgage made pursuant to this chapter on real property of an area of not more than forty acres containing therein a power of sale, upon default being made in the conditions of the mortgage, may be foreclosed as provided in chapter 21-47 or 21-48 or as provided in this chapter. Any mortgage made pursuant to §§ 21-49-1 to 21-49-10 prior to July 1, 1977 may be foreclosed as provided therein or as provided in this section.
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