The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1918-11-06
d NOTICE d GAGE
F0RECL b Urlf s AL e

n ala. Alice Reed Bates. the avvife OF 81 ssfd
a si the wife q So said, Daniel 5: s.. aeben:
| Gty, Deposit j and Trust Company. "a
corporation duly organized and exist
pndsr and by virtue Of tt,e laws
{, Trustee as M 1nortgagee, which said
Y mortgage IS dated the ;hrst day of
June, a.. p. 1915 and with q power OF
for record in. the office. Of the Register
Cook, in the State of Minnesota. on the
o fae aa K H. ana duly saa
J Office in Book t'F"' of Mortgages, on
page PSI and pages following: and
whereas the said Northern Land and
an nnG Dani eN 3. McDonaid uS are in ssa
"a instrument sometimes referred to for
& brevity as grantors; and ~>t
s Whereas the said Alice Reed Bates
lively united and Joined in said mort;
gage for the purpose OF releasing al
their rights under the statute or other
I. wise as the wives of their respective
husbands and in order to consent to
and confirm said mortgage; and
Whereas the said mortgages in said
mortgage. is in said mortgage some
times referred to Tor nreVlty AZ Alus-
tee; and ,-..s
Whereas said mortgage mortgaged
r and conveyed the property and premls,
Ses mortgaged and conveyed ny saaq
notes the principal amounts Of which
aggregated the sum Of Two Hundred
Fifty 20 of Vs
~ per cent per annum. pay pay
able annually; and said mortgage e also ats9'
secured the various items
and secured thereby: and =,
Whereas said mortgage provided that
if default should be made in the pay
of the of tas 1 8otes
by said mortgage or IN the payment n,.
Of any of the taxes, assessments or
charges in the nature thereof, or II
terms. conditions or covenants Of said
mortgage. and such default should con
tinue for a period of six months after
the said MORTGAGE should be made IN
writing upon the said Northern Land
and and f Hams g to BAY fu
or perform the same. then the SAID l1
Manchester Safety Deposit and Trust
Company might and should upon the
ers Of ten or more of said notes, the
principal sums of which should aggre,,
gate at least the sum of Ten Thousand
e eiae'e Of ali said outstanding and m
paid notes with interest thereon at the
rate Of five (5) per cent per annum
money in any way whatsoever secured
by said instrument. at once wholly due
and payable; and
Whereas such default occurred in re-
spect to the payment of interest on
the notes secured by said mortgage
and the said Manchester Safety Deposit
and Trust Company duly served not1ce
ment as in said mortgage provided;
and
Whereas such default continued for
period of more than six months AFTER
such service of notice OF such de1auit
and still continues; and
Whereas after the expiration OF six
months from the service OF such notice
of default the owners and holders OF
said mortgage the principal sums OF
which notes then and now unpaid as
ths sS% Of Posrs
Safety Deposit and Trust, Company in
writing to declare the principal OF an
sued and secured under the terms and
provisions of said mortgage. with in
terest thereon at the rate Of 11ve per
amounts and sums of money in any
way whatsoever secured by said mort
gage due and payable and to imme es IL
ately commence foreclosure proceedings
to foreclosure said mortgage; and
Whereas said Manchester Safety De-
post and Trust Company. as Trustee
as aforesaid. MORTGAGE IN SAID mort
elect to declare the principal of all out,
standing and unpaid notes duly ISSUED
and secured under the terms and con.
ditions of said mortgage. with interest,"
thereon at the rate of five per cent per
annum, and all charges. amounts ano
sums of money in any way Whatsoevel
secured by said mortgage due and pay
able at the date of this notice under
the terms. provisions and conditions OIL
said mortgage; and
Whereas there is actually due and
70 ho 1,1o
date of this notice on the notes secured
Hundred Fifty Thousand !ssso' 900: 4S9
g., the first day Of June. A. p. 1915. which
interest amounts at the date hereof to
the sum of Forty-One Thousand -Four
Hundred Fifty-eight and $4,000 GAL;
ass .33). Dollars, making a total amount Mount
due and claimed to be due on said noseS
secured by said mortgage for principal
: and interest at the date hereof the sum
X. Of Two Hundred Ninety.one Thousan g
Il Four Hundred F1fty-e1ght and 35/1oV
" 1921 ASS. 33) Dollars; and
~ Whereas said mortgage, said Man.
E chester Safety Deposit and Trust Com
pany, as Trustee. has in accordance
+ with the terms. provisions and condl'
= tions of said mortgage paid and ex'
pended the sum of 1854. 40 in paying
Connection with the performance Of its
duties under said mortgage, which
= amount SO paid and expended Is Dy the
terms of said mortgage an additional
lien under said mortgage on the prem.
=. ises and property mortgaged by said
mortgage and secured thereby. and
which said sum the said mortgage has
duly elected and does hereby elect to
declare due and payable at the date OF
this notice under the terms, provisions
and conditions of said MORTGAGES; and
Whereas said mortgagee. said Man:
Y chester Safety Deposit and Trust Com.
Z pany as Trustee. has made reasonable
Y charges amounting. to Two Hundred
Ri Fifty ($250.00) Dollars for its services
& as such Trustee to the date of this not.
NJ ice. which said charges are an addi-
4 tiOnal lien under said mortgage upon
U the premises and property mortgaged
by said mortgage and secured thereby
h and which said sum Of $3.50 90 said
\ mortgage has duly elected and does
hereby elect to declare due and payable
lat the date Of this notice under the
u terms. provisions and conditions Of said
u mortgage; and gt = .v.; ~, !
Whereas said MORTGAGE. said Man:
8 chester Safety Deposit and Trust Com
q pany. as Trustee, under said mortgage
paid on July Sd. 1917. the sum Of Sew
sa enteen Hundred Thfrty-seven and 459/.
as 100 l$1737 .59J Dollars to pay the first
n halt Of the taxes assessed for the year
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