The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1880-09-24

nEFAULT having been made In the condj
- lions Of certain mortgage executed
Seth y Phelps and Elspa 7. Phelps his viii
mortgagors, to the British and American mort.
gage company (Lilnited,) mortgage dated Jul
lat, A. ID. 1873, and recorded In the office of III
Register OF Deeds In and for the County Of Bin
Earthin the State OF Minnesota, on the stb da
OF November, A. d. 1879, at clock In the aftrI
noon, In Book 0 Of mortgages, on page sd
by which mortgage there was conveyed am
granted the following described real e,taie sitna
ted in the county of Blue Earth, aforesaid, to-wt
| The south west quarter Of Section fourteen "a
| and Lots numbered One Q) Two (g Three f3l anl
Four ~ and the North west quarter of the nOrtI
east quarter all In section thirty-fve (35) al
| being In township one hundred and eight (lOs
north, Range twenty-five (z5) west OF the FIN
principal meridian containing In all three hun
dred and seventy three 1919 acres according f.
government survey, TO secure the payment of the
sum OF two thousand five hundred dollars, witt
interest at the rate of eight per cent. per annum
according to the conditions of q bond win
interest coupons attached bearing same date A,
said mortgage, made by said Seth =. Phelps t.
said British and American mortgage COMPANY
(Limited) and there being due and unpaid upon
said mortgage debt ut the date OF this notice, the
sum OF one hundred and thirty five dollars as
evidenced by coupon for that amount due July
LIST, 1850, which bears interest ut eight per cent
from maturity. And this mortgage has paid
tax on the mortgaged premises amounting Ia
eighty-one 9l-l00 dollars which it was necessary
10 pay to protect mortgagee's claim, tax receipts
now III WOftRaEccb POSSESSION, Ana said DOnI
ana mortgage contain provision that II default
Ii made In payment, of any of the interest cOu
poRs ut maturity then the principal sum of the
| bond to-wit: the mortgage debt ut the option
OF the legal holder thereof shall at once ant
without further notice become due and payable;
and said mortgage hereby exercises said option
and because of said default claims the who'll
amount 10 be duel
And no action or proceeding at law or other
wise having been instituted to recover the
amount OF said mortgage debt or any part there.
Of; Now, therefore, notice IL hereby given that
said mortgage contained and Herewith recorded
and Of the statute In such case made and proyid.
ed, the above described premises will be sold a,
public auction, at the front door of the Office OF
the Register Of Deeds In aud for said county of
Blue Earth, ut the city of MankatO, therein
On Saturdaylthe 9th day of November, A. ID. 1880
at ten O'Clock in the forenoon, to satisfy tn,
amount of said mortgage debt then due and nn
paid, as herein claimed by reason of said default
and the exercise ofits said option by this mort
gagce, as the same hereinbefore set forth, ant
the additional sum Of eighty-one 9i-1OO dollar,
paid for taxes as above set forth, with interest
| at the rate OF eight per cent. per annum there
on from September 10th, 1850. when the same
was paid, together with the costs ind expense,
OF such foreclosure proceedings, including sew.
enty-fve dollars attorneys fees as stipulated IN
said mortgage; and the said mortgage will be
thereby fOreclOsed. I2W7
Dated september 23th. 1880.
l. THE BRITISH and AMERICAN
| MORTGAGE COMPANY, (Limited.j Mortgage
WIN. THOMAS and ALBEIT X. SuArTUcK,
Attorneys for said Mortgage