Redemption from lien--Manner of making--Performance of condition--Payment of damages for delay

Redemption from a lien is made by performing or offering to perform the act for the performance of which it is a security and paying or offering to pay the damages, if any, to which the holder of the lien is entitled for delay. Source: CivC 1877, § 1716; CL 1887, § 4340; RCivC 1903, § 2036; RC 1919, § 1541; SDC 1939, § 39.0116.