The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-09-26
Mortgage Sale

Whereas, default has been made in a payment
! of the principal and interest on the money Sc
cured by mortgage dated the 24th day of Septem-
ber, 1887, executed by Henry Smith and Emily j.
Smith, to Hiram ID. Upton, and which mortgage
was recorded in the Office of the register of deeds
OF the county of Lake. state of South Dakota, in
book T of mortgages, on pages s62 263, 264, at 4
O'Clock p. m, the 26th day of September 1887;
| and, whereas, Hiram d. Upton did, on the I'd day
| of November, 1891, duly assign said mortgage to
Wilbur +. Smith, said assignment being recorded
| in the office of the register of deeds of Lake
county, state of South Dakota, on the 22d day of
| December, 1891, at O'Clock p. M, in book 8 of
mortgages, on page s94 and, whereas, on the
| 14th day of April, 1892, said mortgage was duly
assigned by said Wilbur f. Smith TO P. +. McCul-
fee of the register of deeds Of Lake county, South
Dakota, the 18th day of September, 1S93 at :56
o'clock a. m, and recorded in book 16, page 40;
| and, whereas, no action or proceeding at law or
otherwise have been instituted to recover the
| debt secured by said mortgage or any part there
| OF: and. whereas, default has been made i'm the
payment OF the principal sum together wi IN the
accrued interest secured by said mortgage when
due: and, whereas, the whole amount Of the prin-
cipal and interest has become due and payable
and, whereas, 1t is stipulated in said mortgage in
substance that If the mortgageor shall fail to pay
the taxes said land described I'm said mortgage
when due that the mortgagee may pay the same
and the amount paid with interest at 12 per
cent. per annum shall be secured by the above de-
scribed mortgage: and, whefeas, the MORTGAGE
has paid the taxes on said land which with the
principal and interest to date said taxes
amounts to $50 40; and, whereas, 1t Is stipulated
in said mortgage that In the event of the fore
closure of the same, $500 shall be allowed as
attorneys fees; and, whereas, the amount claimed
TO be due said mortgage at the date of this no
tce is 605, and the taxes paid amount to $3.50.
40, and the attorneys fee of $500. Now, there
FORE notice is hereby given that by virtue of the
power of sale contained in said mortgage and duly
recorded as aforesaid, and in pursuance of the
statutes in such case made and provided, the
said mortgage will be foreclosed by a sale of the
mortgaged premises therein described, at public
auction, at the front door of the court house, in
the cito of Madison, and county of Lake and state
of South Dakota, on the 4th day of November
ls93 at one O'Clock in the afternoon of that day
The mortgaged premises are situated in the conu
ty of Lake and state of South Dakota and de
scribed follows, to wit: Lot ten (l0), in block
twenty (20l, original plat of the town of Madison
Dakota, (now South Dakota, according 10 the
recorded plat of said town, in the Office of the
register of deeds in and for Lake county, Soutf
Dakota.
Dated at Madison, South Dakota, this 18th da!
of September, A. d. 1893.
p. +. MCCULLOUGH,
Assignee of Mortgagee.
ID. d. HOLDRIDGE 1t son,
Attorneys for Assignee.