The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1880-09-17
Store Opposite Mankato House
Mortgage Foreclosure sale.

nEFAULT having been made In the condi-
~ lions of u certain mortgage executed by
Seth g. Phelps and Elspn J.. Phelps his wife
mOrtgagOrs, to the British and American mort
gage company (iimitcd,) mortgage dated July
LIST, A. d. 1870, aud recorded In the office Of the
Register Of Deeds In and for the County of Hue
Earth In the State OF Minnesota, ON tho sth day
Of November, A. ID: 1872 nj o'clock In the after
noon, In Book 80 " Of mortgages, on page 52I !:
by which mortgage there was conveyed and
granted the following described real e,tatc situa.
ted In the county Of Blue Earth, Aforesaid, tOwit
The south west quarter of Section fourteen QIy
and Lots numbered One Q) Two (9 Three 90 and
Four ~ and the North west quarter Of the north
cast quarter all In section thirty-hve 1861 AL
bcingin township one hundred and eight N0S)
north, Range twenty five t25) west Of tho Fifth
principal MERIDIAN containing In all three hun.
drcd and scvcnty-threc (373I acres according ia
government survey, to secure the payment OF the
sum Of two thousand Ave hundred dollars, with
interest at The rate Of eight per cent. per annum
according 10 the conditions of n bond with
interest coupons attached hearing same date ~
| said mortgage made by said Seth =. Phelps Ia
said British and American mortgage company
Q.imitcd) and there being due aud unpaid upon
said mortgage debt at the date Of this notice, the
| sum of one hundred and thirty five dollars, ~
| evidenced by u coupon for that amount due july
list. 1850, which hears interest ut eight per cent
from maturity. And this MORTGAGE has paid
tax on the mortgaRcd premises amounting Ia
eiGhty-Onc 0l.l00 dollars which il was necessary
To pay To protect mortgages claim, tax receipts
| and mort gage contain u provision that if default
| II made In payment, Of any Of the interest cou
pORs At maturity then The principal sum Of the
bond tO-wit: the mort GAGE debt at tho option
| of the legal holder thereof shall ,Ht once and
without further notice become due aud payable
and sad murigag8c hereby exercises snid option
| and because of said default claims the whole
| amount Ia be duc.I
And no scIion or proceeding at law or other
wire having been instituted 10 recover The
| amount Of said mortgage debt or any part there
| Of; Now, therefore, notice II hereby given Ihal
| by virtue and In pursuance OF u power OF sale Ia
| said mortgage continued and Herewith recorded
| and Of the ~ alnte In such case made and prOvid.
| cd, the above described premises will DO s0d nj
public aucIiOn, ut the front door Of The Office al
| the Register Of deeds In and for snd county Oi
| Blue Earth, at the city 0f Mankato, therein
| on Saturday, the 3lst day of October A. ID. 1850,
| M ten O'Clock In the forenoon, TO satisfy the
amount of said mortgage debt then due and un'
paid ~ claimed by reason of said default, and
the additional sum Of eighty 9l-l00 dollars
paid for taxes a. above sct forth, with interest
| at the rate of eight per cent. per annum there.
| on from September 10Th. 1850, when the same
war paid, together with the costs Ind expenses
| OF such foreclosure proceedings including sew
enty.iivc dollars attorneys fees NJ stipulated IN
said mortgage: and the said mortgage will be
| thereby forcclOsed. l2w7
Dated September 10th 1850.
THE BRITISH and AMERICAN
MORTGAGE COMPANY, Uimitcd.
WIN, THOMAS, Attorney for said MoFI