§ 36-7-504 — Notice and place of foreclosure sale; duties of sheriff; limitation on bids

All sales shall be advertised in a newspaper of general
circulation, published in the county where said land and water
right is situate for six (6) consecutive weeks, and shall be
sold to the highest bidder at the front door of the courthouse
of the county, or such place as may be agreed upon by the terms
of the aforesaid contract. And the sheriff of said county shall
in all such cases give all notices of sale and shall sell all
such land and water rights and shall make and execute a
certificate of sale to the purchaser thereof, and at such sale
no person, company of persons, association or incorporated
company, owning and holding any lien shall bid in or purchase
any land or water right at a greater price than the amount due
on said deferred payment for said water right and land, and the
costs incurred in making the sale of said land and water right.