44-14-63
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44-14-63.
(a)
Every deed to secure debt shall be recorded in the county where the land
conveyed is located. Every bill of sale to secure debt shall be recorded in the
county where the maker, if a resident of this state, resided at the time of its
execution and, if a nonresident, in the county where the personalty conveyed is
located. Deeds or bills of sale not recorded shall remain valid against the
persons executing them. The effect of the failure to record deeds and bills of
sale shall be the same as the effect of the failure to record a deed of bargain
and sale.
(b)
A deed to secure debt shall not be recorded unless it includes the mailing
address of the grantee thereof. Failure to comply with this provision shall not
be a defense to any foreclosure or grounds to set aside any foreclosure of any
deed to secure debt.