The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1922-04-27
NOTICE OF MORTGAGE SALE

WHEREAS, DEFAULT A BEEN
MADE in the payment OF the principal and
mortgage dated November -, 1920, executed
by .Axel Thoreson and lnga Thoreson, his
wife, of Nunda, Lake County, South Da-
kota. to American Loan N Investment Com
pany OF Valley City, North Dakota. which
mortgage was recorded in the office Of the
Register of Deeds of Brookings County
South Dakota, on December &, 1920, at $3.50
o'clock A. NJ, and recorded in Book &C on
Mortgages on pages 263 and 26t, and which
said mortgage was also filed in the office
OF the Register of Deeds of Lake County
South Dakota, on November %, 1920, al
lao 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 to James Grady, Fargo, North
Dakota, which said assignment was filed
in the office of the Register of Deeds OF
Brookings 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 80. 1922,
at 300 o'clock a. m, and duly recorded ia
Book "a of Mortgages on page 4Si, and
WHEREAS, No action nor proceedings
at law or otherwise have been instituted
to recover the debt secured by said mori-
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 time or times stipulated in sail mort
gage for payment thereof. or any part
thereof. then ,he 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 t" pay on
April /, 1921, the sum of Five hundred Thir-
ty-niue ($539.00) Dollars of principal and
the further sum of Nine llunGred $500 co,
Dollars of principal on January :, 1922. or
at any time, and also the failure TO pay Il e
interest due upon the whole of the irin-
cipal sum secured by said MORTGAGE, ard by
reason OF which default the assignee of the
MORTGAGE has and does hereby declare the
whole sum of said mortSlgc, both rrln-
cipal an" interest due ana payable, and
WHEREAS. The amount claimed to be
due herein by reason of the default Of the
mortgagors as hereinbefore stated, is. at
the date of this notice. the sum TWO Hun
dred Ninety-fiye C$295 00) Dollars as in
terest, and the sum of Three thousand
Three Hundred Thirty-nine t$33&?.OO Dol
lars as principal, making a total Of Three
Thousand six Hundred Thirty = four
S3634. O0) 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, Bookings County, South Dakota,
on the cath day OF May, 1922, at ZOO
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 5th +. NJ. tSh OF NEh of
2-10S-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 9th T.. NJ.
T. Of 35-i09-52) Bookings County,
South Dakota, less the Right of Way.
Dated at Milbank, South Dakota, this
18th day of April, 1922
James Grady,
Assignee of the Mortgagee.
Robert II. Jones, attorney for Assignee OF
the Mortgage, Bouck Building. Milbank,
South Dakota.