The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1924-11-26
Oct. % to Nov. 26
Notice Of Mortgage
Foreclosure Sale

Default having been made in the
payment of Nine Thousand One Hun
dred Eighty-Seven and 67-100 ($9187.-
gu Dollars, which is claimed to be
due at the date of this notice upon a
certain mortgage duly executed and
delivered by Carl G. Martin and Mary
Martin, his wife, mortgagors to
Drake-Ballard Company, a Corpora
ton, Of the County of Hennepin,
State of Minnesota, Mortgage bear
ing date the 18th day of April, 1921
and with a power of sale therein con-
tanned, duly recorded in the office of
! the Register of Deeds in and for the
| County Of Redwood and State of
Minnesota on the 25th day Of April,
1921 at 9:35 O'clock A. M. in book 83
| of mortgages on page $50.
Which said mortgage together with
the debt secured thereby was duly as
signed by said Drake-Ballard Com
pany, a Corporation, Mortgage to
Equitable Life Assurance Society of
United States by written assignment,
dated the Goth day of October, A. D.
1921 and recorded in the office of said
Register of Deeds on the 7th day Of
November, A. D. 1921 at 1915 O'clock
A. M. in book 70 Of mortgages on page
1873.
Which said mortgage, together with
the debt secured thereby, was duly
assigned by said Equitable Life AS
surance Society of United States, the
Assignee and holder thereof, to Otto
w. Martin by written assignment,
dated the 23rd day of June, A. D.
1922 and recorded on the 9th day of
July, 1922 at 2:4O O'clock P. M. in
Book 70 of Mortgages on page 299;
which said default consists in the
failure of said mortgagors to pay
the principal amount secured by said
mortgage in the sum of $750O.0O and
failure to pay interest thereon as fol-
lows: $428.75 due April 1st, 1922,
$450.00 due April LIST, 1923 and $780,
90 due April 1st, 1924, which said
principal and interest thereon amounts
to the sum of $9187.67 on the day of
the date hereof, no part Of any of
which has been paid by said mort
gagors or either of them, and the
owner and holder of said mortgage
by authority of the power conferred
under said mortgage and by reason
of the defaults hereinbefore set forth
has elected and does hereby elect to
and does hereby declare the entire
amount secured by said mortgage due
and payable forthwith according to
the provisions contained in said mort
gage.
NOW, THEREFORE, Notice is
hereby given that said mortgage will
be foreclosed by sale of the pre-
misses in said mortgage described and
described as follows: All that tract
or parcel of land lying and being in
County of Redwood and State of Min
nesota, to-wit: The Northwest
Quarter (N.W. W of Section Five
(5), Township One Hundred Thirteen
Q13), North, of Range Thirty-seven
(37), West Of the Fifth Principal
Meridian, and which will be sold by
the Sheriff of said Redwood County
at the front door of the Court House
of the City Of Redwood Falls in said
County and State at 10 O'clock A. M.
on Saturday the 9Th day of Deem
Der, 1924, to satisfy the amount due
on said mortgage at the date of sale
and to satisfy the sum of $9187.67
and taxes, if any on said premises
together with costs of said foreclosure
and the sum of $4,000 Attorneys
fees as stipulated in said mortgage.
No action or proceeding at law or in
equity has been commenced for the
foreclosure of said mortgage or the
collection of the debt secured there
by or any part thereof. Subject to
redemption at any time within one
year from date of sale as provided
by law.
Dated October 10th, 1924.
Otto w. Martin,
Assignee of Mortgage.
Mathews & Mathews,