Mower County transcript., 1906-12-12

Whereas, default has been made in the per-
| tormance and conditions of a certain mortgage
made, executed and delivered by E. L. Stanley
and and Sarah E. Stanley, his wife, mortgagors, to
1.-The Austin Building and Loan Association u
of Austin, Minnesota, Ia corporation duly
organized under the laws of the State of Min
Of NJ arch 1903 and recorded in the Office of the
Register Of Deeds in and for the County of
Mower and State of Minnesota, on the 9th day
of April, A. D. 1908 at 10 o'clock, a. M, and
duly recorded in book l6 of Mortgages on page
235, to secure certain sums of money and obli-
cations therein mentioned and the bond there
yeyed and mortgaged unto said The Austin
building and Loan Association" of Austin,
Minnesota, the following described real estate
Stinate in the C9pnty Of MoWer and state OF
eighteen 1S) and Dineteen Q9) in the south
east quarter Use ~ of the southeast quarter
Use q OF the Southwest quarter (sw Il of Sec
hundred one Gol) Nor North range No. eighteen cen
QS)west. together with all and singular the i'm
provements, hereditaments and appurtenances
thereunto belonging.
And Whereas it is stipulated and expressly
provided in said mortgage that should default
be made in the payment Of the principal when
due, or of interest. or of the monthly premium
or dues, or any part thereof, for the space of
four months after the same shall have become
due, and in case of default in any of the con-
ditions specified in said mortgage, then and in
such case the principal indebtedness becomes
due, payable and recoverable at the opticn of
the mortgage; and default having been made
in the payment of ffty-two and no-l00 dollars
($52) as interest and premium and fifty and
| o.lOO dollars ($50) IS dues and such default
having continued for more than four months,
the said mortgagee hereby elects to exercise
the option given in and by said mortgage, and
hereby declares the entire principal sum of
said mortgage to be due and payable by reason
of the default Of the payment of the interest,
dues and premiums for more than four months ;
and at the date of this notice there is claimed
to be due, and there is due and unpaid on the
mortgage debt and obligation, secured by said
mortgage, the sum of one hundred eighty-three
dollars ($l83).
And whereas it is stipulated and provided in
said mortgage and the mortgagors conven anted
and agreed to pay in the event of foreclosure
of said mortgage, fifteen dollars ($15) and more,
as attorneys fees, and no action either at law
or in equity has been instituted to recover
said mortgage indebtedness, interest, dues or
premiums or any part thereof.
Now therefore, notice is hereby given that
under and by virtue of power of sale IL said
mortgage contained, and made part thereof
and pursuant to the statute in such case
premises above desert bed will be sold at pub
lie auction to the highest bidder, at the west
front door of the court house in the city OF
Austin in the county of Mower and state of
Saturday the aend day of December "A. D.
1905, to satisfy the mortgage debt and obli-
CATION then due on said mortgage, together
with the attorneys fees of fifteen dollars
($15) part Of the amount named in said mort
gage, and the costs and expenses of these
Dated Austin, Minnesota, November 5th A.
THE AUSTIN BUILDING
& LOAN ASSOCIATION,
ARTHUR w. WRIGHT,
Atty, for mOrtgageo