21-48-23. Record of foreclosure sale--Affidavits and certificate recorded--Notation by register of deeds.
A record of foreclosure sale must be made as follows:
(1)An affidavit of the publication of the notice of sale and of any notice of postponement must be made by the printer or publisher of the newspaper in which such notice was published, or some person in his employ knowing the facts;
(2)An affidavit by the person foreclosing the mortgage, or his attorney, or someone knowing the facts, setting forth the facts relating to the military service status of the owner of the mortgaged premises at the time of sale which affidavit, where such may be required, may also set forth the fact of service of notice of sale upon the secretary of the treasury of the United States of America or his delegate in accordance with the provisions of subsection (c)(1) of section 7425 of the Internal Revenue Code of 1954 as amended by Public Law 89-719, known as the Federal Tax Lien Act of 1966, and as amended through January 1, 1987;
(3)An affidavit executed by the person foreclosing the mortgage, that person's attorney or someone knowing the facts, stating that the mortgagor and any person who is required to receive notice under §21-48-6.1 have been given notice of the foreclosure and that no request for foreclosure by action has been made;
(4)Such affidavits and the certificate of sale hereinabove provided for, must be recorded at length by the register of deeds of the county in which the real property is situated in a book kept for that purpose, and such original instruments, or the records thereof, or certified copies of such records, shall be prima facie evidence of the facts therein contained;
(5)A note shall be made by the register of deeds in the margin of the record of any mortgage which has been foreclosed, showing the book and page where the evidence of such foreclosure sale is recorded.
Source: SDC 1939, §37.3012; SL 1949, ch 141, §2; SL 1957, ch 197; SL 1967, ch 151; SL 1987, ch 29, §78; SL 2002, ch 101, §4.
Structure South Dakota Codified Laws
Chapter 48 - Foreclosure Of Real Property Mortgage By Advertisement
Section 21-48-1 - Foreclosure by advertisement available if mortgage contains power of sale.
Section 21-48-2 - Recording of mortgage and assignments required before foreclosure.
Section 21-48-3 - Default required before foreclosure.
Section 21-48-6 - Publication of notice of foreclosure--Contents of notice.
Section 21-48-6.1 - Written notice of foreclosure sale required--Time--Parties.
Section 21-48-10 - Time and place of sale--Officer making sale.
Section 21-48-11 - Postponement of sale--Notice.
Section 21-48-12 - Sale by parcels--Sale terminated when sufficient amount raised.
Section 21-48-13 - Purchase by mortgagee at sale.
Section 21-48-15 - Costs, disbursements and attorney fees allowed from proceeds of sale.
Section 21-48-17 - Investment of surplus proceeds deposited with clerk.
Section 21-48-19 - Certificate of sale given to purchaser--Contents--Execution and recording.
Section 21-48-22.1 - Prior foreclosure sales validated despite defects--Rights barred by no action.
Section 21-48-24 - Affidavits recorded to show compliance with federal acts.
Section 21-48-25 - Interest vested in purchaser by recording of instruments.
Section 21-48-26 - Validation of sales prior to January 1, 1982--Pending proceedings.