The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1917-08-17
MORTGAGE FORECLOSURE SALE

Whereas, default has been made in
the payment of two hundred and ntty
dollars, principal, which became Que ana
payable on the list day OF July, lS!l,
and the interest thereon from the 31st
day of December 1910, at the rate or
seven per cent per annum, upon z 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 Oh
Deeds in and for st. Louis county, MN MIN
nesota on the 3rd day of January, lSll'
at $3.50 o'clock P. M. of said day, in
Book 2S4 of Mortgages, on page 1888
And whereas said mortgage contains
q provision that the mortgagor, 10 pro,
feet his interest in said mortgaged
premises, may pay the taxes levied ana
assessed against said mortgaged prem
Uses, and charge the same to tine orlgi-
nal debt of the mortgagor to the mort
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 fallure OF
the mortgagor to pay said principal, IN
terest and taxes, or any or either OF 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
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 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-
gee, and according to the declaration OF
Power of Sale in said mortgage con-
tanned the same has become ana now
is operative and no action or proceed
ines having been commenced or insti-
tuted in any Court of Law or otherwise
to recover the debt secured by the said
mortgage or any part thereof; and
whereas, said John Larson, mortgage:
ia now and ever has been the legal
owner and holder of said mortgage, ana
the promissory note accompanying tine
same, and there is now due and claimed
to be actually due upon said promissory
notes and said mortgage, the prlnclpal
sum of two hundred and fifty dollars
interest thereon from the date OF the
making and delivery of said notes ana
mortgage and up to July 18th, 1917, in
the sum of one hundred and fifteen COL
lars and ninety-ive cents; taxes OF l9lI'
and interest thereon, twenty-seven DOL
lars and seventy nine cents; taxes OF
1913, and interest thereon, thirty-two
dollars and seventy seven cents; cakes
Of 1914, and interest thereon, twenty,
nine dollars and twenty-five Genus, 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 a total amount actually due on
said promssory notes and said mortgage
and said taxes, and the interest on the
principal and on said taxes paid, the sum
of four hundred lightweight dollars and
fifty-seven cents, ($4SS.5D.
NOW THEREFORE,, Notice is hereby
civ baf Power
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 I'm
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 & g.,
and the Northwest quarter of the South
east quarter the Northeast quarter OF
che Southwest quarter. Of Section
North of Range Eighteen, West.
Said sale will be made by the Sheriff
of st. Louis County, Minnesota, at the
Sheriff's 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. at public vendue
to the highest bidder for cash. to pay
eight dollars and fifty seven cents, and
interest thereon from the 18th day of
July, 1917, at 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, S0S-30s
Torrey Building, Duluth, Minnesota.
(7.13 2-17N