SDCL § 58-27-35: Deduction of sum owing on real property but not due or delinquent--Reserved rights not included in fair value of property.

If under any of the exceptions set forth in § 58-27-34 there is any sum owing but not due or delinquent, the total amount of such sum shall be deducted from the amount which otherwise might be loaned on the property. The value of any mineral, oil, timber, or similar right reserved shall not be included in the fair value of the property.