The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1922-04-13
NOTICE OF MORTGAGE SALE

WHEREAS. DEFAULT HAS BEEN
MADE in the payment of the principal and
the interest on the money secured by a
mortgage dated November 22, 1920, executed
by Axel Thoreson and lnga Thoreson, his
wife, OF Nunda, Lake County, South Da-
kota. to American Loan 4 Investment Com
mortgage was recorded in the office Of the
Register of Deeds of Brookings County,
s S.sidek p a M 81" nSd pT reeorSed j. in 300 Book at So '.S 81
Mortgages on pages 26S and Pea. and which
said mortgage was also filed in the office
of the Register of Deeds of Lake County,
South Dakota. on November 30, 1920. at
lao o'clock y. m, and duly recorded In
Book "a Of Mortgages on page 1872, and
WHEREAS, Said mortgage and the note
secured thereby was by American Loan X
Investment Company on April %, 1927,
duly assigned to James Grady, Fargo. Moth
Dakota, which said assignment was filed
in the office of the Register of Deeds Of
Brookings County, South Dakota on March
II, 1922, AZ 500 o'clock "A. m, and recorded
in Book 45 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 80, 1922.
at 800 o'clock a. m, and duly recorded ia
Book "a of Mortgages on page ABA, and
WHEREAS, No action nor proceedings
at law or otherwise have been instituted
to recover the debt secured by said mora
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 nj
the time or times stipulated in sail mort
gage for payment thereof, or any part
thereof, then the whole OF said mortsage
both principal and interest shall. a: the
option of the holder thereof. Immediately
become due and payable, ana
WHEREAS. There has been "A DEFAULT IN
the part OF the said mortgagors {" pay on
April /, 1921, the sum of Five Hundred Thir-
ty-nine tS539.00) Dollars OF principal and
the further sum of Nine nundrcd $500 co,
Dollars of principal on January ;, 1922, or
at any time, and also the failure to pay tie
interest due upon the whole of the rrin-
alma GlNtl AIlIr nv 2ll1 InlrtDlEo n lN
reason of which default the assignee OF the
mortgage has and does hereby decla"e the
whole sum of said mortSasc, both rrin-
cipal an" interest due and payable, and
WHEREAS, The amount claimed to be
due herein by reason of the default or the
mortgagors as hereinbefora stated, is, at
the date of this notice, the sum Two Hun
drcd Ninety-five I$295.oo) Dollars AS in
terest, and the sum of Three Thousand
Three Hundred Thirty-nine ts33S?.Oo) Dol
lars as principal, making a totn, OF Three
Thousand Six Hundred Thirty = four
NOW. THEREFORE,, NoTICE is ERE
BY GIVEN That by virtue OF the power
Of sale contained in said mortgage, July
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 mortgaged 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 cath Say Of May, 1922, at 200
o'clock in the afternoon of said day.
The mortgaged premises are situated In
the County Of Bookings and County of
Lake. South Dakota. and are described as
follows, to-wit:
Lots one and Two q and p and the
South Half of the Northeast Quarter
of Section Two in Township one Hun
dred Eight North, Range Fifty-two
West OF the 9Th T.. NJ. tSla of NEh of
2-loS-52), less Right OF Way. Lake
County. South Dakota. and the South
east Quarter of Section Thirty-five in
Township one Hundred Nine North,
Range Fifty-two West OF the 5th p. M.
(SEL of 25-l09-52) Bookings County,
South Dakota, less the Right of Way.
Dated at MiIbank. South Dakota, this
18th day of April. 1922
James Grady,
Assignee of the Mortgage.
Robert d.. Jones. attorney for Assignee of
the Mortgagee, Bouck Building. Milbank,
South Dakota.