St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-02-02
THE ST. PAUL TRUST COMPANY
--0fiicess EEndicott Block, Fourth
Street--Acts as executor, admin
istrator, guardian, trustee, as
signee, receivers etc.

WHEREAS, DEFAULT HAS BEEN.
w made in the conditions of certain
mortgage executed and delivered ty John
Classon and AlbertIna Classon, mis- wife,
mortgagors, to The St Paul Trust Company
a corporation under the laws of Minnesota
MORTGAGE. dated the fifteenth day of June.
A. D. eighteen hundred and eighty nine, and,
recorded in the office of the Register of
Deeds of the County of Ramsey. in the State.
of Minnesota, OH the nineteenth day of June.
A. d. 1889, al 30 o'clock p. M. in Book ''205''
of Mortgages on page Ill, of the records of
said Ramsey County;
And whereas, said mortgage, and the prin-'
cipal note thereby secured contained a con-
dition, that if any, or either, of the coupon
interest notes annexed to said principal note
and described in said mortgage should re-
main unpaid for ten (l0) days after maturity
thereof, the holder of said principal note
may then at its option and without notice
to the maker. declare the said principal sum
as fully due and payable. as fnlly as if the
same was payable on demand, and may pro-
ceed to and collect the same by foreclosure
of said mortgage. either under the power Of
sale therein contained or otherwise, as it
may elect; and, whereas, the said mort
gagors have neglected, failed and refused to
pay the Interest Coupon No. 5, annexed to
said principal note. to wit: A coupon for
the semi-annual interest on said principal
note, for the sum of seyenty-two dollars
which became due and payable on December
Is, 1891; and more than ten days have eX-
thereof, and by reason of said default. and
after the expiration of said ten DAYS, the said
mortgage duly declared the whole of said
principal note as fully due and payable, and
payment thereof has been duly demanded at
the place of payment therein named, and no
part thereof has been paid; and.
Whereas, In and by saio mortgage, the said
mortgag0rs did therein covenant and agree
with said mortgage, that until the money
secured by said mortgage should be fully
paid, they would keep the buildings erected
upon said real estate insured i'll some incor-
pOrated fire insurance company, approved by
said MORTGAGE against loss or damage by
fire and lightning. in at least the sum of two
thousand dollars. and cause the policies of
such insurance to be made payable, In case
of loss, to said mortgage, and that, in default
thereof, the said mortgagee might effect the
said insurance, in sum not exceed
ing $4,000, and pay the premiums
thereon, and that the premiums SO
paid should bear interest at the rate of ten
per cent per annum, from date of such pay
ment, and that the same should be secured
by said mortgage, and be collectible there
upon, and thereby in like manner as the said
moneys mentioned in the notes thereby Sc
cured: and,
Whereas, Said morgagors failed, neglected
and refused TO keep said buildings insured,
according to said mortgage in any sum what
ever; and that on January Is, 1892, said
mortgage caused the same to be so insured,
and paid the premium therefor. the sum of
$24. 40.
And there is now claimed to be due. and
is due at the date of this notice, upon said
mortgage, the sum of eighteen hundred and
eightySiX dollars and sixteen cents (SI, SS6. 16)
for-principGl and interest, and the sum Of
twenty-four dollars and forty cents for in
surance premium paid as aforesaid; and no
suit or proceedings at law or otherwise has
been Instituted or commenced to recover or
collect the debt now remaining secured by
said mortgage. or any part thereof:
Now, therefore. notice is hereby given that
by virtue OF power of sale contained in said
mortgage, and pursuantto the statute in such
case made and provided, SAID mortgage will
be foreclosed by sale of the mortgaged prem
lses therein described, and the said mortgaged
premises will be sold by the sheriff of said
County of Ramsey, at public auction, TO the
highest bidder therefor, for cash, at the
Fourth street front door of the Court
House, in the City of st. Paul, in the
County of Ramsey and State of MINES ota,
on Friday, the fourth (4th) day of March, A.
ID. eighteen hundred and ninety-two. at 10
O'Clock in the forenoon, to satisfy the amount
which shall then be due on said mortgage,
with the interest thereon, and costs and ex.
penses of sale, and for insurance paid as
aforesaid. with interest thereon from date
OF payment thereof at ten Q0) per cent per
anhum. ana seventy-fve (75) dollars attor-
ney's fees. as stipulated in said mortgage
III case of foreclosure.
The premises described in SAID mortgage,
and so to be sold, are the lot, piece or parcel
of land situated in the County of Ramsey
and State of Minnesota and known and de-
scribed as follows, to wit: Lot number thir:
teen (13) of block number one ID of Beifeld
subdivision of lots twelve (12), thirteen Q3)
and fourteen Q4) of Wilkin & Heyward's Out
Lois to st. Paul, according to the recorded
plat thereof on file and of record in the Office
of the Register of Deeds for said Ramsey
county; together with all the hereditaments
and appurtenances thereunto belonging, or
in anywise appertaining.
THE ST. PAUL TRUST COMPANY,
Mortgage.
By j. ". BISHOP, President.
HARVEY OFFICER,
Attorney for Mortgage.
Dated Jan. is, 1892.
rel