Powers of sale in the conveyances of real property to secure debt shall not be exercised after an action to foreclose the instrument is barred. A sale or conveyance under power in such instrument after an action to foreclose the instrument is barred shall be absolutely void and not merely voidable. 516 44-14-81 MORTGAGES, SECURITY, LIENS 44-14-84 History. Ga. L. 1941, p. 487, § 3.