The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1905-09-08
(Sept 1, s. IS. %. %, Oct. g. 10. 1905
MORTGAGE FORECLOSURE SALE.

Default having been made i'm the con
| ditions of certain mortgage executed
by George Lang and Elizabeth Lang, his
wife, mortgagors. to Ellen M. Gibbs
mortgagee, dated April 9th, A. D. 1903
and recorded in the office of the register
of deeds in and for the County of Blue
Earth and State of Minnesota on the
9Th day of April. A.; d; 1903, at five
on page 500. by which mortgage there
was granted and conveyed the follow
ing described real estate, situate in Blue
Earth county, Minnesota, to-wit The ca st
one half of the east One-half of Section
numbered nineteen 09), in Township
! numbered one hundred five G05) north
of Range numbered twenty-sx $3.50 west
of the fifth principal meridian to secure
the payment of the sum of Four Thou
sand ($4,000) Dollars with interest at the
rate of five per cent. per annum, pay
able annually, all according to the condi-
lions of a certain principal mOrtga gre
note and five interest coupon notes bear
ing even date with said mortgage made
and executed by said George Lang and
Elizabeth Lang to said Ellen M. Gibbs;
and Whereas, by the terms of Sai id prin-
cipal mortgage note and said mortgage
it is stipulated and agreed that if inter
est is not paid when due. said principal
note shall become due and payable at
once without any further notice at the
option of the legal holder thereof; and
Whereas. there became due and payable
by the terms of said note and mortgage
the sum of Two Hundred $4,000 Dollars
on the 9th day<of April A. d. 1905 the
same being the interest on said principal
note for one year; and Whereas, said
sum of Two Hundred $4,000 Dollars still
remains due and unpaid, except the sum
of One Hundred S100 Dollars paid
thereon and Whereas, [ have exercised
said option i'm said note and mortgage
contained and hereby declare the whole
of said principal sum of Four Thousand
($4,0O0) Dollars to be due and paya BILE :
and Whereas thprp ic
able on said principal note and on said
mortgage the principal sum of Four
Thousand ($4000) Dollars and the sum
of One Hundred ($100) Dollars unpaid
interest thereon for said one year and
interest on both said sums from April
9th. A. d. 1905, at the rate of per cent
per annum to the date of this notice
amounting to $3.50. making total of
$4,17570 due and unpaid at the date
hereof on said notes and mortgage. and
no action or proceeding at law hav-
ing been instituted to recover the
amount of said mortgage debt or any
part thereof; Now, Therefore. notice is
hereby given that by virtue and in pur-
suance of power of sale in said mort
gage contained and Herewith recorded
and of the statute in such case made and
provided, the above described premises
will be sold at public auction to the
highest bidder for cash at the easterly
(rear) main entrance door of the court
house in the City of Mankato. Blue Earth
county, Minnesota. on the 14th day of
October, A. D. 1905. at ten o'clock in
the forenoon of said day to satisfy the
amount of said mortgage debt then due
and unpaid together with the costs and
expenses of such foreclosure proceedings
including $500 attorneys fees stp-
ulated in said mortgage: and the said
mortgage will be thereby foreclosed.
Dated August 25, 1905.
ELLEN NJ GIBBS
Mortgagee.
William Thomas,
Mankato Mimi.
Attorney for Mortgagee.