The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-09-07
Aug. 3 to Sept. z
NOTICE OF
FORECLOSURE SALE

NOTICE OF
MORTGAGE FORECLOSURE SALE
Default having been made in the
conditions of that certain mortgage
bearing date the LIST day of Decem-
Der, 1922, made, executed and deliv-
cred by Julius H. Melges and Carrie
j. Melges, his wife, as mortgagors,
to Southern Minnesota Joint Stock
Land Bank of Redwood Falls, now
Southern Minnesota Joint Stock Land
Bank of Minneapolis, body corpor-
ate, of the City of Minneapolis, Hen
nepin County, Minnesota, mortgage,
and with a power of sale therein con-
tanned and duly filed for record in
the office of the Register of Deeds in
and for Redwood County, Minnesota,
on the LIST day of December, 1922, at
1O:40 o'clock A. NJ and duly record
ed in Book SO of Mortgages, on page
%, which said mortgage secures one
promissory note for Sixteen Thous-
and dollars (S16,000) of even date
Herewith with principal and interest
payable on the amortization plan IN
semi-annual installments of Five Hun
dred Sixty Dollars ($560) each, pay
able on the 1st day of June and De-
cember of each year; and whereas
said mortgagors have failed to pay
two semi-annual installments of prin-
ciple and interest of Five Hundred
Sixty Dollars ($560) each which be-
came due December LIST, 1926, and
June LIST, 1927, respectively, with
interest on each Of said defaulted
installments at the rate OF eight
per cent per annum, which said
interest amounts to Thirty-Seven and
3O-1OO Dollars ($37.30) to date here
of, or a total of installments and in
terest of Eleven Hundred Fifty-Seven
and 3O-1OO Dollars ($1157.30), the
amount due and claimed to be due and
payable on said mortgage at the date
of this notice; and whereas said mort
gage, under the provisions of Chap
ter $50, General Laws of Minnesota
for 1925. has taken and deemed said
defaulted semi-annual installment as
a separate and independent mort
gage; and whereas no action or pro-
ceeding has been instituted at law or
otherwise to recover the debt secured
by said mortgage or any part there
Of;
NOW, THEREFORE, NOTICE is
HEREBY GIVEN: That by virtue OF
the power of sale contained in said
mortgage and pursuant to the stat
utes in such case made and provld-
ed, the said mortgage will be fore
closed by a sale of the mortgaged
premises described in and conveyed
by said mortgage, viz:
The South Half of the North
west Quarter (Sk NWA) OF
Section Thirteen (13), and the
Northeast Quarter (NEA) OF
Section Fourteen (14), Township
One Hundred Twelve (112)
Range Thirty-Seven (3O, con-
tanning 240 acres more or less,
according to Government Survey
thereof, in Redwood County,
Minnesota,
with the Entertainments and appurten-
ances, which sale will be made by the
Sheriff of said Redwood County, at
the main ront door of the Court
House, n-the city of Redwood Falls,
Redwood County, Minnesota, on the
10Th day of September, 1927, at 10
o'clock in the forenoon of that day,
at public vendue, to the highest bid
der for cash, to pay said debt of Eiev-
en- Hundred Fifty-Seven and 3O-1OO
Dollars (S1157.3O) and interest and
taxes, if any, and Seventy-Five Dol
lars ($75) attorneys fee and dis
bursements allowed by law, sub
iect to the installments of principa!
and interest yet to become due on
the mortgage and subject to redemp-
ton at any time within one year from
the date of sale, as provided by law.
Dated this 3Oth day of July, 1927.
SOUTHERN MINNESOTA
JOINT STOCK LAND BANK
OF MINNEAPOLIS.
formerly Southern Mime
sofa Joint Stock Land Bank
of Redwood Falls), Mortgage.
corporate SeaD
BY o. D. SMITH,
Vice President.
By w. B. CLEMENT,
]. NJ. Woodwork, Secretary.
Attorney for Mortgage,
1928 Mcknight Building,
Minneapolis, MINI. 4-6ts