The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1917-07-27
MORTGAGE FORECLOSURE SALE


Whereas, default has been made in
the payment of two hundred and fifty
dollars, principal, which became due ana
payable on the 1st day OF July, l9ll,
and the interest thereon from the 3lst
day of December 1910, at the rate of
seven per cent per annum, upon q GER
tain mortgage, duly made, executed anu
delivered by John A. Peterson, unmar-
ried to John Larson, bearing date the
31st day of December, 1870 and with
the power of sale therein contained duly
recorded in the office of the Register OF
Deeds in and for st. Louis County, MIN
nesota, on the Bird day of January, 1911
at $3.50 o'clock p. M. of said day, IN
Book 2S4 of Mortgages, on page 1888.
And whereas, said mortgage contains
a provision that the mortgagor, no pro-
tect his interest in said mortgageo
premises may pay the taxes levied and
assessed against said mortgaged prem
Uses, and charge the same to the origl-
nal debt of the mortgagor to the mort
gagee, with interest thereon at the rate
of seven per cent per annum; anu
whereas said mortgage also contains
clause or condition that upon failure OF
the mortgagor to pay said principal, IN
terest and taxes or any or eltner Oh the
same when the same became due ana
payable. the said MORTGAGE may de-
clare the whole amount of said DEBT
principal interest, taxes and interest on
the taxes due and payable to said mort
gage; and whereas, said John Larson
mortgage, has this day declared the
said sum of two hundred and fifty dol
lars with the interest thereon; the taxes
paid by him and the interest thereon
from the date of payment and up 10
the 18th day of July. 1917, due and
payable; and whereas. by reason OF the
default of said John A. Peterson, mort
gagor, to pay said sum of money, being
the principal and interest, and the taxes
with the interest thereon, which have
been paid by said John Larson, mortga.
10 fInn 6nRIo re
Power of Sale in said mortgage con-
tanned, the same has become and now
is operative. and no action or proceed
ings having been commenced or instl-
tuted in any Court of Law or otherWls WISE
to recover the debt secured by the SAID
mortgage or any part thereof; anu
whereas, said John Larson, mortgage;
is now and ever has been the lesai
owner and holder of said mortgage, ana
the promissory note accompanying "ie
same, and there is now due and claimed
to be actually due upon said promissory
notes and said mortgage, the prlnclpai
sum of two hundred and fifty dollars;
interest thereon from the date of the
making and delivery of said notes and
mortgage and up to July 18th, 1917, IN
the sum of one hundred and n1teen COL
lars and ninety-five cents; taxes OF ISlZ'
and interest thereon, twenty-seven dol.
lars and seventy mine cents; taxes of
1918, and interest thereon, thirty-tWo
dollars and seventy-seven cents; cakes
of 1914 and interest thereon, twenty
nine dollars and twenty-five cents, anu
the taxes of 1915, and the interest
thereon thirty-two dollars and eighty
four cents; all Of said taxes having been
paid by said John Larson, mortgagee;
making total amount actually due on
said promissory notes and said mortgage,
and said taxes, and the interest on the
principal and on said taxes paid, the sum
of four hundred eighty -eight dollars and
fifty-seven cents. (s4SS.5O.
u &c
given. that by virtue of the Power of
Sale contained in said mortgage, and
pursuant to the statutes in such case
made and provided. the said mortgage
will be foreclosed by, a public sale of
said mortgaged premises, described In
and covered by said mortgage, which
said mortgaged premises are lying, being
and situated in the County of st. Louis
and State of Minnesota, and described
as follows: Lots. Five and Six. Is & 3D.
and the Northwest quarter of the South
east quarter, the Northeast quarter of
The Southwest quarter, of Section
Thirty-one CID, in Township sixty-two'
Said sale will be made by the Sheriff
of St. Louis County. Minnesota, at the
Sheriffs office in the Count House, in
the City of Duluth, st. Louis County
Minnesota, on the LIST day of September
1917, at the hour of 10 o'clock in the
forenoon of said day, aN public venGue
to the highest bidder for cash. to pay
said sum Of four hundred and eighty
eight dollars, and fifty seven cents. and
interest thereon from the 18th day of
July, 1917. eat the rate Of seven per cent
per annufn; interest to be corn-
puted only from that day on the
payments actually made by the mort
gagee, and not on the interest
herein included. and twenty five dollars,
attorney fee, stipulated for in said mort
gage, In case of foreclosure, and all
disbursements allowed by law, subject
to redemption at any time within one
year from the date of sale, as provided
by law.
Dated this 3rd day of July, 1917.
JOHN LARSON,
Mortgage.
CHARLES LINE,
Attorney for the Mortgage. 30S-309
Torrey Building, Duluth, Minnesota.