The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-11-13
Mortgage Sale.

Whereas, default has been made in a payment
of the principal and interest on the money Sc
cured by q mortgage dated the oath day of Septem-
Der. 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, i'm
book T of mortgages, on pages 262, 263, 264, at 4
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 ed day. of
December, 1891, at o'clock ?. M, in book 8 of
mortgages, on page s4; and, whereas, on the
18th day of April, 1892. said mortgage was duly
assigned by said Wilbur +. Smith to p. F. McCuf-
Tough, said assignment being duly filed in the Of
fce of the register of deeds of Lake county, South
Dakota, on the 18th day of September, 1883, at 1856
o'clock a. m, and recorded in book IL, page 40;
and, whereas, no action or proceeding at law or
otherwise have been instituted to recover the
debt secured by said mortgag or any part there
of: and, whereas, default has been made In the
payment of the principal sum together wi h 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 MORTGAGE may pay the same
and the amount 80 paid with interest at ~ per
cent. per annum shall be secured by the above de-
scribea mortgage: and, whereas, the mortgage
has paid the taxes on said land which with the
principal and interest to date on said taxes
amounts 10 SlSU,4U. ana, whereas. IL 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 on said mortgage at the date of this no.
tice liz S566.05, and the taxes paid amount to $3.50
40, and the attorneys fee of $4,000. 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 city of Madison, and county of Lake, and state
of South Dakota, on the 18th day of November.
1888, at one o'clock in the afternoon of that day.
The moftgaged premises are situated in the conn,
ty of Lake and state of South Dakota, and de-
scribed a. followa, to wit: Lot ten flD) In block
twenty (3Dl, original plat of the town of Madison,
Dakota, NOW South Dakota), according to the
recorded plat of said town, in the Office of the
register of deeds in and for Lake county, south
Dakota.
Dated ut Madison, South Dakota, this End day
of October, A. ID. 1888.
Pr. MCCULLOUGH
Assignee of Mortgage
| D.. D. HOLDRIDGE n SON,
Attorneys for Assignee.