Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1880-02-06
Notice of Mortgage F'orectosure Sdles

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Z Whereas, default has been made in he .
the conditions Of a certain mortgage executed
by Samuel Smith, {unmarriedJ morgagof, TO-
Austin Gorhin, mortgagee, dated the I4th day
Of December, 1876, and recorded On -the 9Th
day Of January, A. D. 1877, sts O'Clock A.
NJ, in Book &c" of mortgages, on pages 73,
u, rs and rs, IN the Office Of the Register Of
Deeds of the County. of Morrison and State Of
Minnesota, On the real estate and mortgaged
premises hereinafter described, given to secure
the payment of three hundred and eighty
eight dollars {$3881, payable the 18th day Of
December, A. D. 1851, with interest thereon
from date until paid, at the rate of ten per
cent per annum, payable annually, on. the:
first day Of December of each year, according
to the conditions of certain pl emisory note
made by said Samuel Smith with interest eou-
epons attached, of even date with said mort.
gage, and whereas. it is stipulated in said
note and mortgage that if the maker tRe.eof
shall fail to pay any of said interest when
due, such interest shall bear interest at the
rate OF ten per cent per annum from the time
it became due, and said mortgage shall stand
as security therefor, and, whereas, it was
further agreed in said mortgage that if the
maker of said note shall fail to pay any Of said
money thereby secured, either principal or in
terest, when the same becomes due, the whole
6O" VI MOucy tucIclu eCcuEcu sudiI GuSiSVpoA
become due and pay able at once, and, whereas
default has been made in the conditions of
said mortgage by the non payment of the in
terest due on said note, amounting to $l3l.lS1
and, whereas, said mortgage BY reason OF
said default of said mortgagor, has declared
and does hereby declare the whole sum OF
money, principal and interest, secured by said
mortgage due and collectable, and there is
claimed to be due and is due at the date Of
this notice on said note and mortgage, the
sum of five hundred and twenty -four dollars
($524), together with twenty five dollars as at
torney's fees stipulated in said mortgage to be
paid in case of foreclosure in addition to all
other costs and sums allowed by law, and
whereas, no action or proceeding has been In
stituted at law or otherwise to recover the debt
remaining secured by said mortgage, or any
part thereof; now, therefore, notice is hereby
given that by virtue of the power of sale in
said mortgage contained, and in pursuance Of
the statute in such case made and provided
the said mortgage will be foreclosed by the
sale of the mortgaged premises therein de.
scribed, at public vendue, by the Sheriff OF
said Morrison county, to the highest bidder
A. D. 1880, at one o'clock in the afternoon Of
that day, at the front door Of the Coart
House, in the village of Little Falls, in said
County of Morrison, to satisfy the amount
then due on said mortgage with costs and ex-
penses allowed by law, Including said attor1,
ney's fees. The premises described in said
mortgage, and to be sold as aforesaid, are the
lots and tracts of land lying and being situate
in said Morrison county, and State Minnesota,
and described as follows, to-wit: The south
half of the southwest quarter of Section
twenty seven (27) in Township one hundred.
and twenty-seven Q27) north, Of Range thirty
(30) west, containing eighty (s0) acres Accord.
ing to the government survey thereof.
Dated January Is, 1880.
AUSTIN CORBIN, Mortgagee.
D. B. SEARLE, Attorney for Mortgagee.
T.J. HAYES, Sheriff of said County.