Ripley County democrat., 1916-10-20
Sheriff's Sale Under School
Fund Mortgage.

whereas. on the 9Th day Of November 1911,
O. L. II. Spencer and D. A. Spencer borrowed
OF the county of Ripley One Hundred Fifty
Dollars belonging TO the Capital School Funds
said County, In the several amounts set oppo,,
site thereto, respectively, viz. capital School
Fund $3.50; interest on same S5095i total $40 %,
for. which said sum OF borrowed money the
said @. q. II. Spencer and y. A.. Sponesr. a.
principals, with j. II. Patterson, T. +. Rober-
son and W. E. johnson, rs securities, executed a
bond 70 the said county bearing date the 9th
day OF November, 1911. In which said bond the
selves 10 pay to the said county, for the use and
benefit OF the school townships hereinbefore
mentioned, on or before the 9th day OF Noyem-
ber 1919. the said sum OF borrowed money,
bond, until paid, at the rate Of per cent per
snnum; said interest to be paid annually on the
9Th day OF November, In eaci and every year,
until ,he whole debt shall be paid on and dis
Ana Whereas, in consideration Of the prem
ises, and to secure the payment OF the said sum
OF borrowed money, whsn the same should be-
come due on tho 6th dy OF November, 1912, the
said @. L. II. Spencer and D. A, Spencer exc
cuted and delivered to the said couAtv, for the
use and benefit Of the said School Fund
certain mortgage deed, whereby they conveyed
to the said county the following described lot,
tract or parcel of land, lying. being and situate
:" The f northwest % quarter 81 de soushwest quar-
ter OF section twenty t27), township
twenty-five t22l, range one ~ east. n
Upon the express condition, however: That II
the said principal and secarities should well
Of borrowed money, and all the interest there.
on, according to the tenor and cffect OF said
bond, that then, and In that case, said Mortgage
Deed should become voidI and that II default
should be made In the pay ment OF said sum OF
borrowed money, or the interest thereon, or
any part thereof, at the time when they should
ssveraliy become due and payable. according
to the tenor and effect OF said bond, that then
the then acting sheriff Of Ripley county afore-
said, should without any SUIT on said Mortgage
Deedj proceed 10 sell ct public auction, 10 the
highest bidder. for cash IN hand, the property
therein conveyed and mortgaged, first giving 70
days public notice o. the time terms and place
lished In said countyi and out OF the proceeds
OF said sale to pay the costs attending such sale,
and then the debt and interest due the county
OF Ripley as sforesaldi which said mortsage
deed was recorded In the ofioe OF the Recorder
Of said county Of Ripley In Book 81, si Page
And, whereas, Tho County Court of Ripley
County, aforesaid, BY an order made and en-
tered or record on the 18th day OF May, 1918,
doth find that default has been made In the pay
ment Of the said sum OF money, according 10
the tenor and effect OF said Bond, and thar the
said q. L. II. Spencer and d. A. Spencer are
now indebted 70 the said County for the use Of
dred Dollars and Ninety-nve Cents, principal
and interest, computed to this date, due and
unpaid upon said Bond, and then and there
directed that judgement therefor should be en-
tered against said Principal and Securities 10
said Bond, and that an 0rder. Of Sale Of the
properly described In said Mortgage Deed
should issue to satisfy the same.
Now. Therefore, I, e. 8. Williams, Sheriff OF
Ripley County, Missouri, BY virtue OF said order
vested by said School Fund Mortgage, Will on
MONDAY, 18Th DAY OF NOVEMBER, 1915.
! between the hours OF . O'Clock in the forenoon
and 'elock In the afternoon, Al the east front
door or the Court House, In the City Of Doni-
phan, Ripley County, State OF Missouri. sell the
~ may b necessary, ct public ycndue, 70 the
highest bidder, for cash m hand. 70 satisfy said
-S-' - - 3. g. WILLIAMS.
Stat Sheriff Of Ripley County. NO.