44-14-160
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44-14-160.
When
the holder of a deed to secure debt or a mortgage forecloses the same and sells
the real property thereby secured under the laws of this state governing
foreclosures and sales under power and the purchaser thereof presents to the
clerk of the superior court his deed under power to have the same recorded, the
clerk shall write in the margin of the page where the deed to secure debt or
mortgage foreclosed upon is recorded the word 'foreclosed' and the deed book and
page number on which is recorded the deed under power conveying the real
property; provided, however, that, in counties where the clerk keeps the records
affecting real estate on microfilm, the notation provided for in this Code
section shall be made in the same manner in the index or other place where the
clerk records transfers and cancellations of deeds to secure debt.