The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1926-05-26
April 28-June
NOTICE OF MORTGAGE FORE

NOTICE OF MORTGAGE FORE
CLOSURE SALE.
Default having been made in the
payment Of the sum of One Hundred
Five and no-1OO (1O5.0O) Dollars in
terest and Three Thousand and no-10O
($3,000.00O Dollars principal, which
said sum became due and payable on
the first day Of January, 1926, and
which is claimed to be due and is due
at the date Of this notice upon GER
tain mortgage, executed and delivered
by Frank Schandera, a bachelor,
mortgagor, to The Merchants Loan
and Trust Company, Banking Cor
poration Of the State of Illinois, with
it's principal place of business in the
City of Chicago, as Mortgage, bearing
date of the 18th day of January, 1921,
with power of sale therein contained,
which said mortgage was duly record
ed in the office of the Register of
Deeds in and for the County Of Red
wood, and State Of Minnesota, on the
18th day of January, A. D., 1921, at
200 o'clock P. M. Of said day, in
Book 70 of Mortgages, on page 361.
That said default consists in this
that the said Frank Schandera has
wholly failed to pay the semi-annual
interest due on said mortgage on the
first day of January, 1926, in the sum
of One Hundred Five and no-1O0
GO5.O0) Dollars; and has further
wholly failed to pay the principal
sum of said mortgage IN the sum of
Three Thousand and no-100 ($3, 000.00s
Dollars due January 1, 1926, and
that there is now due and payable on
said mortgage Indebtedness at the
date of this notice the sum of Three
Thousand and no-10O tS3,OO0.009 Dol
lars principal and One Hundred Five
and no-100 (S105.0O) Dollars interest,
and interest on said coupon note in
the sum of One Hundred Five and
no-1O0 ($105.0O) Dollars from Janu-
airy LIST to the date of this notice April
18th, in the sum of Two and O6-1O0
(s2.O6) Dollars, and interest on
Three Thousand and no-1O0
($3,000.00j Dollars at the rate of
Seven CD per cent from January
first to the date of this notice April
18th in the sum of Fifty Eight and
96-1O0 ($58.96) Dollars, making
total sum due and payable of Three
Thousand One Hundred Sixty Six and
O2-1OO ($3,166.O2) Dollars.
That the power of sale contained in
said mortgage has become operative
and no action or proceeding has been
instituted at law, or otherwise, to re-
cover the debt secured by said mort
gage, or any part thereof.
That The Merchants Loan & Trust
Company, a Corporation, organized
and existing under and by virtue of
the Laws of the State of Illinois,
Mortgage, herein and the Illinois
Trust & Savings Bank, a Corporation,
ard existing Under and by
virtue of the Laws of the State of
Illinois, subsequent to the execution
of the mortgage herein, were consol-
idated and became the Illinois Mer-
chants Trust Company, Corporation,
virtue of the Laws of the State of
Illinois, and that the certificates of
the consolidation of said corporations
has been duly recorded in the office of
the Register of Deeds N and for the
County of Redwood and State of
Minnesota, in Book % of Miscellan-
eous, on Page 313; and that the Him
OILS Merchants Trust Company, Sue
cessor to The Merchants Loan and
Trust Company is the owners of said
Mortgage.
NOW, THEREFORE, NOTICE IS
HEREBY GIVEN that by virtue of
the power of sale contained in said
mortgage, and pursuant to the
Statute made and provided in said
mortgage, the said mortgage will be
foreclosed by the sale of the premises
described in and conveyed by said
mortgage, to-wit:
The South Half (Sk) of the
Northeast Quarter (NEA) of
Section Eleven QD, Township
One Hundred Nine (1O9), North
of Range Thirty Seven (37), West
of the Fifth Principal Meridian,
in Redwood County, Minnesota,
together with the Entertainments and
thereto, which said
sale will be made by the sheriff of the
said Redwood County, at the front
door of the Court House in the City
of Redwood Falls, in the said County
and State, on Thursday, the 18th day
of June, 1926, at IL o'clock A. M. of
that day, at public vendue to the high
est bidder for cash to pay said debt
of Three Thousand One Hundred
Sixty-six and O2-100 ($3, 16602) Dol
lars, and interest and taxes, if any,
on said premises, and attorneys fees
in the sum of Seventy-five ($75 .00)
Dollars at setforth in said mortgage
in case of foreclosure thereof, and all
of the disbursements allowed by law;
subject to redemption at any time
within one year from the date of |
sale, as provided by law.
Dated this 18th day of April, 1926 |
Illinois Merchants Trust Com