The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-09-25
SEO IL. bRACE, MOrtGaEee
PAUL >. KNOWLES, Attorney for Morteagep.
Mortgage Sale,

Whereas, default has been made in a payment
OF the principal and interest on the money se-
cured By mortgage dated the oath day of Septem
Der, 1897, 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 i OF mortgages, on pages 262 263, 264, at
O'Clock p. m, on the 26th day of September, 1887:
and, whereas Hiram ID. Upton did, on the ID 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 I'D day of
December, 1891, at O'Clock p. m, in book of
mortgages, on page s94: and, whereas on the
14th day of April, is92, said mortgage was duly
assigned by said Wilbur r. Smith to r. II. McCui
lough, said assignment being duly fled In the Of
fce>of the register of deeds Of Lake county South
Dakota, the 18th day of September, 1898, 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 In the
pay ment of the principal sum together wi III 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 on said land described in said mortgage
when due, that the mortgagee may pay the same
and the amount so paid with interest at l2 per
cent. per annum shall be>secured by the above de-
scribed mortgage; and, whereas, the mortgagee
has paid the taxes said land which with I'll Q
principal and interest to date on said taxes
amounts to $1,000; and whereas, 1t Is stipulated
| in said mortgage that In the event of the fore
closure OF the same, $500 shall be allowed as
attorney . fees: and, whereas, the amount claimed
to be due on said mortgage at the date of this no
tice is S566 o. and the taxes paid amount to $50
| 40 and the attorneys fee of $3.50. 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 fofeclosed BY sale of the
mortgaged premises therein described, at public
auction, at the front door of the court house, IL
the cito of Madison, and county of Lake, and stats
OF South Dakota, on the 4th day of November
1893, at one o'clock in the afternoon of that day
The mortgaged premises are situated in the conn
| ty of Lake and state of South Dakota, and de
seribed as follows, to wit: Lot ten (10), In bocl
twenty fDl. original plat of the town of Madison
| Dakota. (now South Dakota, according to th
recorded plat of said town. In the Office of TIN
register of deeds in and for Lake county, Soutl
Dakota.
Dated at Madison, South Dakota, this 18th da
of September, A. d. 1898
P.F. MCCULLOUGH,
Assignee of Mortgages.
d. ID. H0LDRIDGE Il SON.
Attorneys for Assignee.