Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1916-03-31
Notice Of Mortgage Sale

Whereas, William Stigile and Nellie E.
Stigile. his wife, mortgagors. made, executed and
delivered to The Scottish American Mortgage
Company Limited Mortgagee, mortgage dated
July 25 1910 upon the east half of the northeast
quarter ,E1a NE4) of section twenty-three l23)
and the west half of the northwest quarter (WA
NWA) of section twenty-four (24), all in town
ship nine (9) south, of range six l6) east Of the
Black Hills meridian in Fall River county, South
hundred dollars $500 o0J bearing even date with
said mortgage, due August l, 1915, with interest
at eight (8l per cent per annum payable annual.
ly, according to five interest coupons attached
to said note, due August 1. in each year, which
mortgage was duly recorded i'll the Register of
Deeds office in said Fall River county, on Octob-
er L. 1910, in Book ~ of Mortgages, on page
142. and
Whereas 1t was provided in said mortgage
that in case Of d default in the payment Of said
At the time or Times times I abo1e ps'' specified e
for the payment thereof or in case
of the payment of any taxes or
or agreement contained in said mortgage, then
and in either case said mortgage might fore
close said mortgage and sell the said premises
at public auction in the manner provided by law
and out of the proceeds of said sale after pay
ment of the cost thereof to retain the amount
that may be due on said note at the time Of sale,
and
Whereas, default has been made in said mort
gage by the failure of said mortgageor to pay
interest coupons numbered four and five, and s.,
attached to said principal note. secured by said
mortgage, which become due August 1, 1914, and
August L. 1915, respectively, and
Whereas, there is now due and unpaid on said
note secured by said mortgage the sum of forty
eight dollars. $4S co. interest. twenty four dol
ars, S24OO, of which become due August l, 1914,
evidenced by coupon number four, with interest
thereon at the rate Of twelve, II, per cent per
annum since August ], 1914. and twenty-fou
dollars S2t 90, which became due August /, 1915,
evidenced by coupon number five, 5, with inter-
| est thereon at the rate of twelve 12, per cent
per annuln since August l, 1916, as provided in
said interest conpons and in said mortgage.
Now therefore, notice is hereby given that
said mortgage above described will be foreclosed
by the sale Of said mortgaged premises in said
mortgage and hereinbefore described at public
auction to the highest bidder for cash by the
Sheriff of said Fall River county his deputy at
| the front door of the Court House in Hot
| Springs, in said Fall River county on the 9th
day Of May 1916, at the hour Of ten o'clock q. m
of said day. subject to the lien of the above de
| scribed mortgage for the principal sum and in
terest thereafter 10 accrue thereon according to
the terms thereof said foreclosure and sale be-
ing made for the purpose only of raising the
| amount due on said interest coupons maturing
August l, 1914, and August 1, 1915. respectively
and costs of said sale and attorneys fees allow
ed by law.
The Scottish American Mortgage Company
Limited, Mortgage.
T. Clark,
Sheriff Fall River County, s. D.
G. Z. Mckinney. Attorney for Mortgage.
Sioux Falls, =, ID.
First pub March q. last May s. 1916.