St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-01-27

M OR GAGE SALE-DEFAULTHANING
& YA been made infthe payment OF the sum
of five thousand three hundred and two
dollars and ninety-four cents Is ,392 y4-1U0),
which Is claimed to be due at the
date of this notice for principal
duly executed and delivered by Asahel q.
Wedge and Mary J. Wedge. his wife, of ST.
Paul, Minnesota and delivered 10 The ST.
Pau Trust Company, corporation. under
the laws of Minnesota. bearing date the sec
ond day of October, a. D. 1893. and duly re-
corded in tie Office OF the Register of Deeds
i'll and for the County of Ramsey and State
of Minnesota, on the eleventh day of Octo-
fbfrrA A. D. ls9', at ll:45 clock a. M. in Book
sIOo of Mortgages. on page 243, of the rec
ofds of said Ramsey County,
I. LAaid which said mortgage, and the promis-
.sdry notes thereby secured, were sold anG as
said The ST. Paul Trust Company
To John Cornell, by an assignment in writing
dated October End. 1884, and recorded in the
office of said Register of DEEDS on october
2lst 1e9J, at 80 o CLOCK p. M, in Book "31''
OF Assignments, on page rs, Of the records
of said Ramsey County:
3 Said mortgage was given to secure the pay
nent of five thousand dollars, with interest
al six per cent per annum, semi-annually. &C.
geordiHg to the terms OF one principal note.
and ten coupon interest notes, thereto an
snexed. which arc particularly described III
sald mortgage. as SO recorded. said mort
sgagor- paid the said interest coupon notes
which became due up to October Ind, 1892.
land also $50 on account of the interest
,eduBpzEfor 5 10. which became due on April
., 1893, but tdat default has been made in the
payment of the balance due on said last
named coupon. as well as i'll the payment of
tte=5wheie OF the coupon for on" hundred
and fifty dollars, which became due on Octo-
Der 2, 1893; 81
And Whereas, The said principal note, as
well as the said mortgage, contained pro-
vision and condition, that if any or either of
SAID coupon Interest notes shall remain I'M
paid for ten days after maturity thereof. the
holder of SAID principal mole may, at its OPP
ton. and without notice to the maker there
sof, declare the said principal sum, as we'll as
any or either OF said past due coupon notes.
ss fully due and payable as fully as if said
principal note was payable on demand. and
7may proceed and collect the same by fore
closure of said mortgage either under the
power of sale therein ontained or by suit or
other proceedings in court or otherwise, as
he or they may elect:
And Whereas By reason of default in the
payment of the said interest coupons as
above recited, and more than ten days after
said October z, 1888, the said owner and
holder of said principal note. and of said two
past due coupon interest notes. dia duly de-
clare the whole of said principal note for
five thousand dollars (D5, 00U) as fully due
and payable. and did then and there present
the same for payment, at the place OF pay
ment therein named. and payment thereof
fused; and said John Cornell, the Assignee
of SAID mortgage, is now the lawful owner
and holder of the said principal note. and OF
the said past due coupon interest notes;
And Whereas In and by the said mortgage,
the said mortgagor did thereby covenant and
agree 10 pay all taxes that were then a lien,
or which might thereafter become levied, as
sessed or imposed upon said real estate and
become lien thereon, such payment to be
made before any penalty, interest or other
ShOni6 At
reason of the non-payment thereof; and that
lin default thereof, the said mortgage, its
successors or assigns, might pay such taxes
and all charges ana expenses thereon, and
that the amount SO paid. and the interest
thereon at the rate prescribed by statute in
such cases. from the time of such payment.
shall forthwith be due and payable from
said mortgagor, and should be deemed to be
secured by said mortgage and coilectibe i'll
the same manner, and upon the same, con-
dit!ons as the interest upon the principal
sum hereinbefore mentioned;
And Whereas, The said mortgagors failed,
neglected and refused to pay the taxes law
fully assessed upon the real estate describe
i'll said mortgage for the years 1891 and 1892.
before the time appointed for the payment
thereof, respectively:
That the said taxes for 1891 became de-
linquent on the LIST day of June, 1892; and on
the seventh day of December 1898. the said
assignee of said mortgage duly paid to the
County Treasurer for said Ramsey County. in
red emption of said real estate from the tax
sale thereof for said year 1891, together with
all interest," penalties aud costs thereon,
amounting to the sum of S9l.65;
And that on said December 9TH. 1893, the
said assignee of said mortgage duly paid to
the said County Treasurer for said Ramsey
County, for the de)inquenttaxo on said real es-
tate for the year 1892. which became deiin-
.quent on said June !, 1893. and all interest.
costs and penalties thereon, to wit, the sum of
SS1 90; ana the said two amounts SO paid,
together with interest thereon from said De-
,cember Z. 1893, are CLAIMED as additional liens
upon said real estate under the said mort
gage and the statute i'll such case made and
provided;
And no action or proceeding at law or
otherwise having been instituted to recover
the debt now remaining secured by said
mortgage or amy part thereof:
= Now, Therefore, notice is hereby given,
That by virtue of a power of sale contained
sin said mortgage, and pursuant to the statute
in such case made and provided, the said
will be foreelosed. and the premises
in and covered by said mortgage.
and situated In said Ramsey County, State of
Minnesota, to wit: Lots numbered ten (l0l
eleven (l1) and twelve (12), in block mum
bered sixty-four (64), of Banning & Olivier's
Addition TO West st. Paul, Minnesota, accord
ing to the recorded plat thereof on file in the
Office Of Register of Deeds in and for said
Ramsey County, with the hereditaments and
appurtenances. will be sold at public auction,
to the highest bidder for cash, to pay said
debt and interest and the taxes paid on said
premises as aforesaid, with interest thereon,
and one hundred dollars attorneys fee as
stipulated in and by said mortgage in case of
foreclosure. and the disbursements allowed
by law; which sale will be made by the Sher-
iff of said Ramsey County. at the Fourth
street front door OF the Court House. in the
City of st, Paul, in said County and State. on
Wednesday, the twenty-frst (21sD day of
February, A. d. 1894, at 10 o'clock a. m. of
that day, subject to redemption at any time
within one year from the day Of sale, as pro.
yided by law. =
. Dated Jan uary 4, AID. 1894.
- JOHN CORNELL,