The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1926-09-08

WOOV XAxAAk9s U4xlyNGf0V1z4
Sept. Loot. 6
MORTGAGE FORECLOSURE SALE
NOTICE
Default having been made in the
conditions of certain mortgage ex-
ecuted by William j. Thompson and
Frances A. Thompson, his wife, as
Mortgagors, to Citizens Loan and
Trust Company, as Mortgage, dated
March 18th, 1922, and recorded in the
office of the Register of Deeds in and
for the County of Redwood, and State
of Minnesota, on the 22nd day of
March, 1922, at 2:10 o'clock P. M, in
Book II of Mortgages, on Page 634,
and which said mortgage was on the
22nd day of May, 1922, assigned by
said Citizens Loan and Trust Com
pany to New York Life Insurance
Company, Corporation, by an in
strument in writing, dated on that day
and recorded in the office of the Reg
lister of Deeds of said Redwood Coun-
ty, and State Of Minnesota, on the 28th
day of November, 1922, at 2 o'clock
P. NJ, in Book 80 of Miscellaneous,
on Page 1914, by which mortgage there
was granted and conveyed the follow
ing described real estate, situate in
the County of Redwood, and State of
Minnesota, to-wit:
The Southwest Quarter (SWA)
and the South half of the North
west Quarter (S1s NWA) of
Section Three (3), in Township
One Hundred Nine (1O9) North,
of Range Thifty-Nine (39) West
of the Fifth Principal Meridian,
containing Two Hundred Forty
(240) acres, more or less, to Sc
cure the payment of the sum of Ten
Thousand Dollars ($1O, 00O.OO) with in
terest thereon at the rate Of six and
one-half per cent per annum, pay
able March Is, 1928, and annually
thereafter, according to the conditions
of one principal promisory note, bear
ing the same date as said mortgage
above mentioned, and due on the 18th
day of March, 1927, interest on said
principal note being evidenced by five
certain interest coupon notes thereto
attached bearing interest after mat
urity at the rate of six and one-haf
per cent per annum, all bearing same
date &C caid yoOrtpaUo
And, whereas, by the terms of said
mortgage, it is provided that the said
mortgagors should pay all taxes and
assessments which might be assessed
on said premises after the date of said
mortgage as the same should become
due, and that if default should be
made in the payment of said taxes or
assessments, as the same became due,
it should be lawful for the said mort
gage, it's successors, or assigns to
pay and discharge such taxes or as
sessments and to declare the whole
sum, secured by said mortgage, to be
due and payable.
And default having been so made
in the payment of taxes and assess
ments upon said property as provid-
ed by said mortgage, and, said assign
ee of said mortgage having on the
25th day of August, 1926, in order
to protect it's said mortgage lien upon
said premises, paid taxes and assess
ments for the first half Of the year
1925 which taxes and assessments be-
came due on January 5, 1926, and up
on which said taxes penalty accru-
ed on June 1, 1926, in the amount of
Two Hundred Nine Dollars and
Ninety-seven Cents ($209.9O, to-
gether with a penalty of Seven Dol
lars and Thirty-eight Cents ($7.38)
making total payment of Two Hun
bred Seventeen Dollars and Thirty
five Cents ($217.35) for which sum
and interest thereon from said date,
said assignee claims an additional
lien on said mortgaged premises, and
said assignee of mortgage having
elected to declare the whole sum, Sc
cured by said mortage and yet un-
paid, to be due and payable, and this
day so declaring, and there being now
due and unpaid on said mortgage at
the date of this notice the sum of
Eleven Thousand One Hundred
Eighty-six Dollars and Eighty-one
Cents ($11,186.81) as principal and
interest and taxes, and no action or
proceeding at law or otherwise having
been instituted to recover the debt
secured by said mortgage or any part
thereof.
Now, therefore, notice is hereby
given that by virtue and in pursuance
of a power of sale in said mortgage
contained and Herewith recorded, and
of the statutes in such case made and
the above described prem
ises will be sold at Public Auction at
the front door of the Redwood Coun-
ty, Minnesota, Court House, in the
City of Redwood Falls, in said Coun-
ty, on Saturday, the 10th day of Oc-
tober, 1926, at IL o'clock in the fore
noon, to satisfy the amount of said
mortgage debt then due and unpaid,
with interest thereon, together with
the costs and expenses of such fore
closure proceedings, including One
Hundred Dollars ($100.0O} Attorneys
fooc &c cfip11a+od in sold mort uoUo