The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1917-07-20
MORTGAGE FORECLOSURE SALE

MORTGAGE FORECLOSURE SALE
Whereas default has been made In
the payment of two hundred and hfty
dollars, principal, which became due ana
payable on the LIST day of July. 1911,
and the interest thereon from the 3lst
day of December 1910, at the rate OF
seven per cent per annum, upon Ger
tain mortgage, duly made executed ana
delivered by John A. Peterson, unmar-
ried, to John Larson. bearing date the
31st day of December, 1910, 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 3Ss.
And whereas. said mortgage contains
a provision that the rhortgagor, TO pro-
tect his interest in said mortgaged
premises may pay the taxes levied and
assessed against said mortgaged prem
Uses, and charge the same to the origi-
gagee, with interest thereon at the rate
Of seven per cent per annum; ana
whereas said mortgage also contains a
clause or condition that upon failure OF
the mortgagor to pay said prlnclpal, IN
terest and taxes, or any or either OF the
same, when the same became due and
payable, the said mortgage may de-
clare the whole amount OF SAID dept,
principal, interest, taxes and interest on
the taxes due and payable to said mont
gage: and whereas, said John Larson,
mortgagee 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 to
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.
geo. and according to the declaration OF
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 otherwise
to recover the debt secured by the sala
mortgage or any part thereo1' anu
whereas, said John Larson, mortgage;
is now and ever has been the legal
owner and holder of said mortgage, ana
the promissory note accompanying hiis
same, and there Is now due ana cialmeo
to be actually due upon said promlssory
notes and said mortgage, the principal
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, 1911, IN
the sum of one hundred and fifteen dol
lars and ninety-five cents; taxes OF 1917,
and interest thereon. twenty-seven DOL.
lars and seventy nine cents; taxes OF
1918, and interest theHeon, thirty-two
dollars ana S6Neuly -SCNCh SCheo, "S~<NSS
of 1914, and interest thereon, twenty
nine dollars and twenty-five cents, and
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, MORTGAGE;
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
6ftv- cavoD cents (S4SS.57),
NOW THEREFORE,, Notice is hereby
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, 6 & 81,
and the Northwest quarter Of the South
east quarter. the Northeast quarter Of
Thirty-one (3D. in Township Sixty-two,
North. of Range Eighteen. West.
Said sale will be made by the Sheriff
Of st: Louis County, Minnesota, at the
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, at public vendue
said sum of four hundred and eighty
eight dollars and fifty seven cents, and
interest thereon from the 18th day of
July, 1917. aa the rate of seven per cent
per annum; interest to be COM
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. S08-309
Torrey Building, Duluth. Minnesota,