The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1922-07-14
NOTICE OF MORTGAGE FOR
CLOSURE SALE.

Default having been made in the
payment of the sum of one .hous-
and, ninety-three and 78-10O dol
lars, ($1093.78) which is claimed
and is due Of this date upon a
mortgage duly executed and deliv-
cred by John Judnich and wife,
Anna, bearing date April 18th,
1920, and filed for record in the
Office of the Register of deeds in
and for the County of St. Louis,
and State of Minnesota, on the 3rd
day of May, A. D. 1920, at 2
o'clock P. M. and duly recorded in
book 432, mortgages, on page 157,
and Whereas, said mortgage con-
tains clause and provision in
which said mortgagors agree to
keep at their own expense the build
ings on said premises at all times
insured, for at least one thousand
($100000e dollars, payable in case
of loss to second party to the
amount then secured by said mort
gage; and in case of failure of first
parties to keep said buildings so
insured, the second party at it's
option, may effect such insurance
on such buildings and the sum paid
by second party in effecting such
insurance shall bear interest from
the time of payment for such insur-
ance at the rate of eight (8) per
cent per annum and shall be deemed
and hereby declared to constitute
and 20 be an additional lien, on
said premises, to the amount which
shall be paid with interest thereon
and shall be collectable as part
and in the same manner as the
original debt, which said mortgage
is given to secure, and further,
whereas, said first party failed to
effect such insuranc as provided
by the terms of said mortgage and
second party having exercised its
option and right to effect such in
surance, and did on the Both day
of April, 1922, pay as premium on
policy of insurance effected
against the buildings on said pro-
perty, the sum Of ninety-nine and
60-100 dollars ($99.60) no part of
which or the interest thereon has
been paid by first parties, and there
is claimed and is due thereon at
this date the sum of one hundred
nine and fifty-four-100 dollars,
($109.5 4), and no action at law or
otherwise having been instituted to
recover the debt secured by said
mortgage or the amount expended
for insurance, or any part thereof.
Now, Therefore, Notice is hereby
given that by virtue of the power
of sale contained in said mortgage
and persuant to the statute in such
case made and provided, said NOR
gage will be forclosed and the
premises described in and conveyed
by said mortgage, viz; Lot eight
80, in block seven (7), original
plat of Ely, according to said plat
as filed and on record in the office
of the Register of deeds, Of said
County and State, with the her
editaments and appultenances, there
uric belonging, will be sold to the
highest cash bidder at public auc-
ton to pay sail debts and the re-
spective amounts, to wit; One thous-
and ninety-three end 78-100 dol
lars, ($1093.78) and One hundred
nine and 54-100 dollars, ($109.54),
and fifty ($50.00) dollars attorneys
fees, stipulated for in the mortgage
in case of foreclosure and the dis
bursements allowed by law, which
sale will be made by the Sheriff,
of st. Louis County, Minnesota, at
his Office at the Court House, in
the City of Duluth, Minnesota, on
the 18th day of August, A. D.
1922 a. ten o'clock, A. M. of said
day, subject to redemption as pro-
vided by law.
Dated June Both, 1922.
FIRST STATE BANK OF ELY,i
Mortgage.
A. j. Thomas, Attorney for Mort
gage. $50 S-4