St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-10-13
Notice of Mortgage Sale.

WHEREAS, DEFAULT HAS BEEN
w made in the conditions of certain
| mortgage, bearing date the twenty-fifth day
OF May, A. D. 1891, executed and delivered
by william II, Gardner and Lulu NJ. Gardner
his wife and Oscar l. Lienau (unmarried),
moTtgagors, TO the New York Life Insurance
Company, a corporation existing under and
by virtue of the laws of the State of New
York, mortgage, whereby the said mort
gagors did grant. bargain, sell and convey 10
the said mortgage, its successors and as
signs. forever, all that tract or parcel OF
land lying and being in the County of Ram
sey and State of Minnesota described as
follows, to wit: Lot numbered ten (10) of
block numbered sixteen (l6) of Bells ad-
d1uon TO West st. Paul, according TO the
plat thereof on file and of record in the Of
fee of the Register of Deeds in and for the
said County of Ramsey, except the north
erly SIX TO- feet thereof, quitclaimed to the
City OF st. Paul for alley purposes, to secure
the payment OF the sum of five thousand
dollars (S5,0O0 00 and interest thereon at
the rate of six (6) Der centum per annum
payable semi-annually, according TO the
conditions OF a certain promlssory note
made by the said William H. Gardner one
of the mortgagOrs, to said company for
that sum, payable on the first day of
July, A. D. 1896. with interest coupons
attached for each installment of said interest
to the time OF maturity of said principal note,
each of said coupons bearing interest after
maturity at the aforesaid rate of six (6) per
centum Der annum; said note and coupons
all bearing even date with said mortgage and
therein referred to; and by the terms of said
mortgage it is provided that in case of default
III the payment of any installmeut of interest
due upon the principal sum by said mortgage
secured, and such default should continue
for thirty days said principal sum should
become and be at once due and payable:
and which said mortgage contains the usual
power of sale in case of default in the con-
ditions thereof; also an agreement to pay
said mortgage, its successors and assigns i'll
case of the foreclosure of such mortgage, the
sum Of seyenty-five dollars $500 as attor-
neys' fees for such foreclosure; and said
mortgage authorizes the said mortgage, it's
successors and assigns, in case of sale
under the said power, to retain from the
proceeds of such sale the principal and in
terest which shall then be due on said note
and coupons. together with the sum of sew
enty-hve $50 dollars as attorneys fees, and
the costs and charges of such sale; and said
mortgage was duly acknowledged by said
mortgagors, and thereafter and on the fourth
day of June. a. D. 1891. at three o'clock and
30 minutes p IN :, duly recorded in the office
of the Register OF Deeds of SAID County of
Ramsey, in Book a69 of Mortgages, on pages
~, so, 81 and S.
And whereas, The said mortgagors failed
and neglected to pay the installment of in
terest which became due on said note on the
first oay of July, A. d. 1893, and have ever
since failed and neglected to pay the same;
and that thereby the said principal sum of
said note become and is now due and pay
able:
And whereas. There is now claimed to be
due on said mortgage at the date of this
notice, exclusive of said seventy-fve dollars
(S7500). for said attorneys fees. the sum of
five thousand two hundred one and $1,000
dollars (S5,201 5C-100), and no action or pro-
ceeding has been instituted at law to recover
the debt remaining secured by said mort
gage, or any part thereof;
Now, therefore, notice is hereby given that
by virtue of the said power of sale, and pur-
suant to the statute in such case made and
provided, the said mortgage will be fore
closed by a sale of the mortgaged premises
herein above described, at public vendue, to
the highest bidder. at the front door of the
Court House on Fourth street, in the City of
St Paul, in said County of RAMSEY and State
of Minnesota, on Saturday, the 14th day of
October, A. D. 1S93 at ten O'Clock in the
forenoon of that day, to satisfy the amount
which shall then be due on said note and
mortgage for principal and interest together
with the costs and charges of such sale. and
including the said seventy-five (S75.0O) dol
lars, attorneys fees as aforesaid.
Dated August 81. A D. 1893.
NEW YORK LIFE INSURANCE COM
PANY, Mortgapee
FLANDRAU, SeUIREs & CUFCHEoN,
Attorneys TOR Mortgage, ST. Paul. Mimi.