The labor world., 1922-04-01

Default has been made in the con-
ditions of that certain mortgage
dated August IL, 1915, made and ex-
cuted by Helmer Gradin' and Alma
Gradin, his wife, as mortgagors. to
poration, as mortgagee, and duly, re-
corded in the office Of the Register
| Of Deeds In and for st. Louis County,
Minnesota, on September US, 1915, at
Mortgages on page is5. Which said
| mortgage. with the debt thereby Sc
cured, was thereafter duly. assigned
by said Wisconsin Loan & Trust Co.,
ton to Mangie II, e; Manley by an instru-
and duly recorded in the office of
said Register of Deeds ON October 9,
1915, in Book $40 of Mortgages on
!.page 25, and which mortgage was
thereafter Re, assigned by said sManley to
duly recorded in the office of said
Register of Deeds on March 22, 1919,
in Book 1916 of Mortgages on page
4o4, which said mortgage was there
Davis to Jennie Boning, by an in
strument in writing dated May Is,
1919, and duly recorded in the office
Of said Register Of Deeds on June 27,
1sEs nsiss 5qs: a Book f;ns sSs Of Moftgages on
mortgage was extended to August
II, 1928, by an agreement in writing
executed on August 1S, 1920, by and
between said Jennie Boning, the then
Helmer Gradin, subject. however, to
all the terms and conditions of said
original mortgage, except that as to
| time Of payment of principal.
Such default consists in the tn no! non
| tho hl1onNo 6no tho conoi. q
instalment of interest due and pay
| able on February II, 1924, and the
two semi-annual instalments of in
terest due on August II, 1921, and
each, and for the non-payment Of
for the years 1917, 1918 and 1919,
amounting to $49.S3, whi ich were paid
by said Jennie Boning on October II.
1Ss1 1Ssls and ND on nansaG account Of which Oh
December 6, 1921, by said Helmer
Gradin, the sum of S15.00, and also
the non-payment of the sum of $13.94,
being the am0unt of the on
premises described in said mortgage,
which sum was then past due, and
| necessarily paid by said Jennie Bon
ing on December IA, 1921, to keep
said policy in force, by reason OF
the assignee and present owner of
said mortgage, has elected to exer-
else the option given by the terms
| thereof to declare, and does hereby
declare, the whole principal sum, Sc
| crued interest thereon. together with
| the sums due her by reason of pay
| ment of taxes and insurance premium
| as aforesaid, to be now due and pay
able.
There is claimed to be due and is
actually due and unpaid on said
mortgage at the date of this notice,
the sum Of $552.94: principal and in
| terest, and in addition thereto the
sum Of $42.27. on account of the in
said Jennie Boning. the owner of
| said mortgage, as aforesaid, which
sum, by the terms of said mortgage,
also became secured thereby, making
s595.21, and no action at law or
otherwise has been instituted to re-
cover said total debt or any part
Now, therefore, notice is hereby
the power of sale contained in said
mortgage, which has become opera
tive by reason of the defaults above
mentioned. and pursuant to the stat
aaH sad in or2ass ease viii By
sale of the premises described
therein. being the following described
land situated in st. Louis County,
Minnesota. to-wit: The Northeast
| Quarter of the Northwest Quarter
| (NEA of NWA) of Section Twenty
| two (22) in Township Fifty-six C56)
North, of Range Eighteen .G8) West,
containing forty acres of land. more
or less, according to Government
survey, which said premises, all
the hereditaments and. appurtenances
thereunto belonging, will be sold by
the Sheriff of, st. Louis County, Min
nesota. at his office in the Court
House in the City of Duluth, in said
County anu State, on Tuesday the 9Th
day Of May, 1922. at ten o'clock a; NJ,
at public auction, to the highest bid
| der for cash to pay said. total debt
and interest thereon to the date OF
| said sale, and the amount Of any ad-
ditional delinquent taxes on said
premises which may be paid by the
undersigned assignee prior to the
| date of said sale. and Twenty-Five
Dollars ($25.00) attorneys fees, stip-
ulated for by and in said mortgage
in case of foreclosure, and the dis.
bursements' allowed by law, subject
to redemption at any time within one
year from the date of sale as pro-
| vided by law. ;Hx
Dated March 1S, 1922.
| JENNIE BONING.
! Assignee of Mortgagee.
FINLAYSON & WATTS,
| Attorneys for Assignee of MOrtSa-
| Nofinna1 Rank