The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1922-05-04
NOTICE OF MORTGAGE SALE

WHEREAS, DEFAULT A BEEN
MADE in the payment of the principal and
the interest on the money secured by a
mortgage dated November %, 1920, executed
by ANel Thoreson and Inga Thoreson, his
wife, OF Nunda. Lake County. South Da-
kota, TO American Loan X Investment Com
mortSage was recorded in the office of the
Register OF Deeds OF Bookings County.
South Dakota, on December 6. 1920. at $3.50
O'Clock y. NJ, and recorded in Book 90 o.
MORTGAGES on pages 26S and e64, and which
said mortgage was also filed in the office
of the Register of Deeds OF Lake County
South Dakota, on November 29, 1920, al
l 40 o'clock p. m, and duly recorded in
Book "a of Mortgages on page l62. and
WHEREAS. said mortgage and the note
secured thereby was by American Loan X
Investment Company on April %, 1921,
duly assigned 10 James Grady, Fargo. North
Dakota, which said assignment was filed
Bookings County, South Dakota, on March
IS. 1922, AT 500 o'clock a. M, and recorded
in Book As Of Miscellaneous on page $50.
which said assignment was also filed in
the office Of the Register of Deeds of Lake
County, South Dakota. on January 30. 1922.
at 800 o'clock n. m, and duly recorded Ia
Book - OF Mortgages on page i34, and
WHEREAS, No action nor proceedings
at law or otherwise have been instituted
to recover the debt secured by said MORT
gage or any part thereof. and
WHEREAS, 1t is stipulated in said mort
gage that in case of default in the pay
ment of the interest agreed TO be pad at
the tlltt or llllltS Sllpuldtcu III s'tl'l mutt
gage for payment thereof. or any part
thereof, then the whole of said mortgage
both principal and interest shall, a: the
option of the holder thereof, Immediately
become due and payable, ana
WHEREAS. There has been a default on
the part Of the said mortgagors Ia pay ON
April !, 1921, the sum of Five hundred Thir-
ty-nine ,$539 0o) Dollars of principal and
the further sum of Nine hundred $500 co,
Dollars OF principal on January ;, 1922, or
at any time, and also the failure 10 pay ii e
pfaTlGf duo nlAn the Whole of the Irln-
cipal sum secured by SAID mortgage, and by
reason OF which default the assignee of the
MORTGAGE has and does nercDy declare the
whole sum of said mortSagc, both rrln-
cipal an" interest due and payable. and
WHEREAS, The amount claimed to be
due herein by reason of the default of the
mortgagors as hcreirbefore stated, is, at
the date OF this notice, the sum Two Hun
dred Niucty-flve tS295.O0) Dollars as in
Hundred Thirty-niuc Gs33@?.oo) Dol
lars as principal, making a total of Three
Thousand Six Hundred Thirty = four
C$3G3l.OO) Dollars.
NOW. THEREFoRE. NOTICE IS HERE
BY GIVEN That by virtue of the power
of sale contained In said mortgage. duly
recorded as aforesaid, and in pursuance Of
the statutes in such case made and pro-
vided. said mortgage Will be foreclosed by
the sale of the mortg"gcd premises as here
in described at public auction at the front
door Of the Court House in the city of
Brookings. Brookings County, South Dakota,
on the 2ith day OF May, 1922, at 200
o'clock in the afternoon Of said day.
The mortEaEed premises are situated in
the County Of Brookings and County of
Lake. South Dakota, and are described as
follows, to-wit:
Lots one and Two q and - and the
South Half of the Northeast Quarter
OF section Two in Township one Hun
drcd Eight North, Range Fifty-two
West of the 5th L. NJ. CSl2 of NE4 of
2-lO>-52), less Right of Way, Lake
County, South Dakota, and the South
caA, Quarter of Section Thirty-five in
Township one Hundred Nine North,
Range Fifty-two West of the 5th L. NJ.
Csc. Of 35-l09-52) Brookings County,
south Dakota. less the Right of Way.
Dated at Milbank, South Dakota, this
12ih day OF April, 1922
James Grady,
Assignee of the Mortgagee.
Robert u. Jones. attorney for Assignee Of
Tho Murtgagee, Bouck Building, Milbank,
South Dakota