<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-49-11 - Foreclosure alternatives available on small tracts subject to chapter--Mortgages under earlier law. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2046710Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2046710SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2046710CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2046710Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2046710DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2046710000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2046710SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2046710SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2046710Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-49-11"><span class="s2046710SENU">21-49-11</span></a><span xml:space="preserve" class="s2046710SENU">. </span><span class="s2046710CL">Foreclosure alternatives available on small tracts subject to chapter--Mortgages under earlier law.</span></p><p dir="ltr" class="s2046710Normal-000000"><span xml:space="preserve" class="s2046710DefaultParagraphFont">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 </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-47"><span class="s2046710DefaultParagraphFont">21-47</span></a><span xml:space="preserve" class="s2046710DefaultParagraphFont"> or </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-48"><span class="s2046710DefaultParagraphFont">21-48</span></a><span xml:space="preserve" class="s2046710DefaultParagraphFont"> or as provided in this chapter. Any mortgage made pursuant to §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-49-1"><span class="s2046710DefaultParagraphFont">21-49-1</span></a><span xml:space="preserve" class="s2046710DefaultParagraphFont"> to 21-49-10 prior to July 1, 1977 may be foreclosed as provided therein or as provided in this section.</span></p><p dir="ltr" class="s2046710Normal"><span xml:space="preserve" class="s2046710000001"> </span></p><p dir="ltr" class="s2046710Normal"><span class="s2046710SCL">Source:</span><span xml:space="preserve" class="s2046710SCL-000002"> SL 1963, ch 236, § 1; SDCL, § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-49-1"><span class="s2046710SCL-000002">21-49-1</span></a><span class="s2046710SCL-000002">; SL 1972, ch 135; SL 1977, ch 187, § 1; SL 1979, ch 157, § 1.</span></p></div></body></html>