The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1918-10-23
NOTICE OF MORTGAGE
FORECLOSURE SALE,

aid. Alice Reed Bates. the wife of said
tne " & sal. aae Ma
aid, as mortgagors. to Manchester Safe
ty Deposit and Trust. Company, "a
nd a duly ny 81 a4S the
Of the State Of New Hampshire) as
Trustee. as rnorteagee. which said
June. A. D. 1915. and with power Of
sale therein contained. was duly filed
for record in the office Of the Register
Cook. e in the state Of III Minnesota. on the
first day Of July, A. D. 1915, at $3.50
O'Clock A. n. ana duly recorded in said
page PSI and pages following; and
" Whereas the said Northern Land and
Lumber COMPANY. Marcus r. hates
instrument sometimes referred to for
brevity as grantors; and
Whereas the said Alice Reed Bates
and Mary E. Mcdonald each respect
gage for the purpose Of releasing. all
their rights under the statute OF other
wise as the wives Of their respective
husbands and in order to consent to
and confirm said mortgage: and
Whereas the said mortgage in said
mortgage is in said mortgage some
times referred>t to for brevity as "Trus-
tee; and
whereas said mortgage mortgaged
and conveyed the property and premis-
es mortgaged and conveyed by said
mortgage, to secure the payment w 1111;S Of
aggregated the sum Of TWO Hundred
Fifty Thousand ($250, 900. 0o) Dollars,
and bearing interest at the rate of five
able annually; and said mortgage also
secured the various items hereinafter
claimed as, due under said mortgage
and secured thereby; and
Whereas said mortgage provided that
if default should be made in the pay
ment of any installment of interest or
of the principal of the notes secured
OF any of the taxes, assessments or
re- charges in the nature thereof, or if
default should be made in any Of the
mortgage, and such default should con-
tinue for period of six months after
notice of such default. and demand by
the said mortgage should be made in
writing upon the said Northern Land
and Lumber Company. Marcus F. Bates
and Daniel D; Mcdonald to pay, fnih m
the shen and she
Company might and should upon the
written request of the owners or hold
ers Of ten or MORE S Of said So1S the
gate at least the sum of Ten Thousand
$4,000. O0) Dollars, declare the prin-
cipal of all said outstanding and IN.
paid notes with interest thereon at the
rate Of five ~ per cent per annum
and all charges. amounts and sums OF
money in any way whatsoever secured
and payable: and
Whereas such default occurred in re-.
spect to the payment Of interest on
the notes secured by said m9rtgage
and Trust Company duly served notice
of such default and demand for pay
ment as in said mortgage prov1ded;
and
Whereas such default continued for
a period of more than six months after
such service of notice of such default
and still continues; and
Whereas after the expiration Of . six
Of default the owners and holders OF OF
said mortgage the principal sums OF
T TfsSats tns 81 Sn
and requested the said Manchester
writing to declare the principal Of al
outstanding and unpaid notes duly is,
sued and secured under the terms and
terest thereon at the rate Of five per
cent per annum and all charges.
amounts and sums Of no. ssd IN any
gage due and payable and to 1mmed1-
ately commence foreclosure proceedings
to foreclosure said mortgage; and
Whereas said Manchester Safety De
as aforesaid, mortgage in said mort
gage. has duly elected and u1S. does hereby req
elect to declare the prlnclpaI OF all out,
standing and unpaid notes duly issued
and secured under the terms and con.
ditions Of said mortgage. with interest
J.. thereon at the rate of five per cent per
sums of money in any way whatsoever
secured by said mortgage due and pay
able at the date of this notice under
the terms. provisions and cond1tlons OF
said mortgage: and
Whereas there is actually due and
claimed to be due and payable at the
date Of this notice on the notes secured
Hundred Fifty Thousand ($25o.ooo. oo)
Dollars. with interest thereon at the
rate of Ave per cent per annum from
interest amounts at the date hereof to
Hundred Fifty -eieht and $4,000 GAL;
due and claimed to be due on said notes
secured by said mortgage for principal
and interest at the date hereof the sum
Four Hundred Fifty-eight and $4,000
($291, ass. 33) Dollars: and
Whereas said mortgage. said Man
chester Safety Deposit and Trust Com
with the terms. provisions and condi-
tions of said mortgage paid and ex-
pended the sum of $354.40 in paying
2 necessary expenses incurred by 1t In
connection with the performance of it's
a. amount so paid and expended is by the
terms of said mortgage an additional
lien under said mortgage on the prem
ises and property nlortgaged 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 dalte Of
S~S this notice under the terms, provisions
Il and conditions Of said mortgage; and 5
Whereas said MORTGAGE, said Man
chester Safety DEPOSIT and: Trust Coma
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