43-11-28. Effects on the power of a lien by mortgage.The effects on the power of a lien by mortgage such as is mentioned in §43-11-27 are:(1)That the mortgagee is entitled to an execution of the power, so far as the satisfaction of his lien may require it; and(2)That any subsequent estate created by the owner in the execution of the power becomes subject to the mortgage in the same manner as if in terms embraced therein. Source: CivC 1877, §347; CL 1887, §2863; RCivC 1903, §370; RC 1919, §437; SDC 1939, §59.0450.
South Dakota Legal Code