Mortgage foreclosure surplus
For foreclosure by advertisement, S.D. Codified Laws § 21-48-16 requires surplus payment to the circuit court clerk and mailed notice to the mortgagor and junior lienholders; judicial distribution follows §§ 21-47-12 and 21-47-18. Section 21-48-16 sets no fixed general owner application cutoff for clerk-held money. Request prompt disbursement in the foreclosure court. Property-redemption periods under chs. 21-48 and 21-48A are separate.
