Morris tribune. [volume] (Morris, Minn.) 1880-2000, 1889-05-22
MORTGAGE SALE.

IM
Default having been made in the payment
(5,030.10) dollars, which is claimed to be due at
the date of this notice upon certain Mort
gage, duly executed and delivered by Leland
II. Wellington, of Stevens Co., MINI. to the
Netherlands American Land Company,
bearing date the 18th day of March. A. D.,
1886, and duly recorded in the office of the
Register of Deeds in and for the County of
Stevens, and State of Minnesota, on the 26th
day of March, A. D., 1856, at 10 o'clock a. NJ,
in Book K. of Mortgages, on page s5s; and
the said Mortgage having been conditioned
for the payment of the sum of four thousand
five hundred (4,500) dollars, on March 26th,
1891, with interest thereon at the rate Of nine
per cent. per annum, payable annually on
the 26th day Of March in each year, and
whereas it was covenanted and agreed in and
by the terms of said Mortgage, that in case of
the non-payment of any portion of said in
terest at the time or times when the same
shall become due, the whole amount of the
principal sum, should at the option Of the
Mortgage be deemed to have become due and
payable without any notice whatever; and
whereas 1t was further covenanted and
agreed in and by the terms of said Mortgage,
that in case of the non-payment, by the
Mortgagor, of any tax levied upon the lands
therein described, before the same should be-
pay the said tax, and that the moneys SO paid
should be and become q part and portion of
the on serS & @ f6r4a ana
due and payable on account of said Interest,
the sum Of $4,000 and the said sum with S456
aQulLlOndli DeluS S4U5.oO III ALL IL SGlll que ana
unpaid on account of said interest; and
whereas the said Mortgage did on the s7th
day of April, 1889, pay the taxes which had
been duly levied on said land for the year
1887, and which had become due and de-
Hnquent and was unpaid by said Mortgag0r,
amounting to $122.O4 which with interest now
amounts to the sum of Sl22.54; and whereas
the said Mortgage has elected to declare.
and does hereby declare the whole amount of
said principal sum of said Mortgage due and
unpaid, pursuant to the covenants and agree
ments above set forth and no action or pro-
stituted 10 recover the debt secured by said
Mortgage, or any part thereof:
Now therefore, notice is hereby given. that
by virtue of O power of sale contained in
said Mortgage, and pursuant to the statute in
such case made and provided, the said Mort
gage will be foreclosed, and the premises
described in and covered by said Mortgage,
viz: All of section one, township one humid
red twenty four, range forty three, in
Stevens county, and State of Minnesota,
will be sold at public auction, to the highest |
bidder for cash, to pay said debt aud interest |
and the taxes, ii any, on said premises and |
seventy five dollars attorneys fee, as stipu- |
lated in and by said Mortgage in case of FORE |
closure, and the disbursements allowed by !
of said Stevens county, at the front door Of |
the Court house, in the village of Morris, in |
said County and State, on the 9th day of |
June, A. D., 1889, at 10 O'Clock a. m, of that |
day, subject to redemption at any time with
in one year from the day of sale, as provided
by law.
Dated, May nth, A. D., 1899.
NETHERLANDS AMERICAN LAND COMPANY,
Mortgage.
WIN. G. BIcKNELL,
Attorney for Mortgage,
Morris, Mimi. may15