St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-03-01

WHEREAS. DEFAULT HAS BEEN
w made in the conditions of certain
mortgage executed and delivered ty John
Classon and Albertlna ClassOn, mis- wife,
mortgagors, TO The 81. Paul Trust Company
n CORPORATION under the laws OF Minnesota,
MORTGAGE dated the fifteenth day of June,
A. d. eighteen hundred and eighty-nine, aud
recorded in the Office of the Register or
Deeds of the County of Ramsey, in the state
of Minnesota, oil the nineteenth day of June,
A. d. 1850, at 80 o'clock p. m. in Book ''2O5''
of Mortgages, on page Ill, of the records OF
said Ramsey County;
And whereas, said mortgage, and the prin-
cipal note thereby secured, contained con-
dtiOn. that il any or either. of the coupon
interest notes annexed to said principal note,
and described i'll said mortgage. should re-
main unpaid for ten (lO) days after maturity
thereof, the holder of said principal note
may then, Mt its option, ana Without nouce
10 the maker declare the said principal sum
as fully due and payable. as fully rs 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 II
may elect; and. whereas, the said mort
gagors have neglected. faued and refused to
pay the Interest Coupon No ., annexed to
SAID principal note. 10 Wit: A coupon tor
the sem-annual interest on said principal
nOte for the sum OF seventy-twO dollars.
which became due and payable OH December
15 1891 and more than ten days have eX-
pired since the maturity and nOu-payment
thereof and by reason of said default, ana
after the expiration of said ten days, the SAID
mortgagee duly declared the whole OF said
principal note as fully due and payable, and
payment thereof has been duly demanded at
ire place of payment therein named, and no
part thereof has teen paid; anc.
Whereas, In and by said mortgage, the SAID
mortgagors did therein covenant ana 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 in some moor
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 mortgage might erect the
ing $1,000, and pay the premiums
thereon, and that the premiums SO
paid should bear interest at the rate OF ten
per cent per anuum, from date OF such pay
ment and that the same should De secured
by said mortgage, and be colectlble there
upon and thereby. in like manner rs 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 16 1872, said
mortgage caused the same 10 be so insured,
and paid the premium therefor. the sum OF
S24 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
eighty-six dollars and sixteen cents 81 $50 .lbl
for principal 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 OF 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 gwen ulat
by virtue of power of sale contained in said
mortgage. and pursuant 10 the statute III suen
case made and provided, SAID mortgage Will
be foreclosed, by sale of the morlgaged prem
Uses therein described, and the sad mOTtgageq
premises will be sold by the sheriff OF SAID
County of Ramsey, at public auction. 10 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 Minnesota.
on Friday, the fourth 9TH day OF March. y.
u 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 10 per cent per
annum. ana seyenty-hve (75) dollars attor-
neys fees. as stipulated in said mortgage
in case of foreclosure.
Inc premises described IN sald mortgage;
and so to be sold. are the lot, piece or parcel
of land situated in the County OF Ramsey
and Stale of Minnesota, and known and de-
scribed as follows, to wit: Lot number mir
teen OBJ of block number one % OF Beifeld
subdivision of lots twelve I'D. thirteen I'D
and fourteen Q4) ofWilkin & Hayward Our
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 appurtenanees thereuntc belonging, or
in anywise appertainlng
THE ST. PAUL TRUST COMPANY.
Mortgage.
By ]. W. BIsHoP, President.
HARVEY OFFICER,
Attorney for Mortgage.
Dated Jan. Is, 1892.
tueSdays-7tlmes