The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1922-07-20
NOTICE OF MORTGAGE FORECLOSURE
SALE

Default having been made in the condi-
tions of a certain real estate mortgage con.
tanning a power of sale, dated the lst
day Of March, 1920, made by w. II, Walters
and Grace Walters, his wife. mortgagors,
to O.. N. Johnson of Toronto. South Dakota
MORTGAGE, which mortgage was filed for
record in the office Of the Register OF
Deeds of Brookings County, South Dakota,
on the 5th day Of March, 1920, at i:4o
"a of Mortgages. on Page SO thereof. which
default consists in the failure Of the said
the principal note for S., 900. 90, described
in and secured by said mortgage, whlch
interest became due and payable on the LIST
day Of March. 1921, and in the failure OF
the said mortgagors to pay the annual
interest on the principal note FOR $o,ooo.oo
described in and secured by said mortgage.
which interest became due and payable on
the LIST day of March, 1922, and In the fall
ure of the said mortga gors to pay the taxes
Uses, hereinafter described, for the year
1921, which said taxes are now delinquent,
and In the failure of the said mortgagors
to pay the interest on a prior mortgage,
which became due and payable on the LIST
day of March, 1922. and said mortgage
having necessarily paid the sum of $4So
for interest on said prior mortgage on said
premises due March /, 1922, by reason OF
which defaults the undersigned mortga gee
and the holder of said mortgage has elected
to declare and does hereby declare said note
and the whole mortgage Indebtedness, prin-
cipal and interest, to be now due and pay
able, as expressly provided in said mortgage,
and BY reason of which defaults the whole
debt secured by said mortgage has become
and now is due and payable. and by reason
whereof said power of sale has become
and is operative: and there being claimed
to be due and in fact being due thereon
at the date of this notice, for principal and
interest, the sum of S5,64i. 80, besides the
sum of $4S9.51, being interest paid on a
prior mortgage and interest on said inter-
est from date of payment, said sums
amounting in all to S6,131.41, at this date;
and said note and mortgage being now
owned and held by said undersigned mort
gage, o. n. Johnson; and no action or
proceeding having been instituted at law
or otherwise to recover the debt remaining
secured by said mortgage or any part there
of and the registration tax on said mort
gage having been duly paid; now, therefore,,
Notice is hereby giventhat said mortgage
will be forecloSed by a sale of the premises
therein described and hereinafter described
at public auction, to the highest bidder for
County, South Dakota, or by his deputy, at
the front door of the Court House, in the
City of Brookings, in Brookings County,
South Dakota, on Saturday the 18th day
of August, 1922, at 2 o'clock p. m. the
premises to be sold as aforesaid being sit
and being described in said mortgage SUBJ
stantially as follows: to-wit:
The Southwest quarter (SWh) OF Sec
ton Twenty-one en- Township One
Hundred and Nine (1Os), North, Range
81, West of the 5th z. M.
Dated this 2Sth day of June, 1922.
O. N. johnson, Mortgage and
owner Of said Mortgage.
John z. Nolan, Sheriff of Brook
ings County. South Dakota,
Auctioneer.
Walter A. Gronna, Clear Lake,
South Dakota, Attorney for
Mortgage and Owner of
Mortgage.