The mortgagee, his assigns, or their legal representatives, may, fairly and in good faith, purchase the premises so advertised, or any part thereof, at such sale.

contract signature

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Terms Used In South Dakota Codified Laws 21-48-13

  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.

Source: CCivP 1877, § 605; CL 1887, § 5419; RCCivP 1903, § 644; RC 1919, § 2884; SDC 1939 & Supp 1960, § 37.3005.

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