Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1927-08-25
NOTICE OF MORTGAGE FORE
CLOSURE SALE

Notice is hereby given that default
has been made in the conditions of
that certain mortgage executed and
delivered by Henry Alters, unmarried,
as mortgagor, to First State Bank
of Lindstrom, corporation under the
laws of the State of Minnesota as
Mortgage, dated April 2, 1923, filed
for record in the office of the Reg
Of Pine, State of Minnesota, on April
18th, 1923. at o'clock a. M, and
duly recorded in Book No. "A of Mort
cages on Page 276, which mortgage,
together with the Indebtedness de-
scribed therein and secured thereby,
was duly assigned by said First State
Bank of Lindstrom to Charles E.
Danielson by an instrument in writing
dated May %, 1924, filed for record
in the office of the Register of Deeds
in and for said County of Pine on
June Z, 1924, at 1 o'clock p. m, and
duly recorded in Book No. 62 of Mort
cages on page 292, which default con-
sists in the failure of said mortgagor
to pay interest coupon numbered eight
attached to the principal note secured
by said mortgage for the sum of
Twenty-four Dollars when the same
became due on April End, 1927, and
in the failure of said mortgagor to
pay the taxes levied upon and as
sessed against the lands and premises
described in and conveyed by said
mortgage when the same became due
as therein required, and that on the
18th day of March, 1927 the said
Charles E. Danielson duly paid the
taxes levied upon and assessed against
said lands and premises for the years
1923 and 1925 together amounting
with penalties, interest and costs to
the sum of One Hundred Seven and
87-100 Dollars ($107.8O; that because
of said defaults the said Charles E.
Danielson, as assignee of said mort
gage, has, as authorized by said mort
gage and said assignment, elected to
declare the whole sum secured by
said mortgage to be due and payable,
and that by reason of said election
there is claimed to be and is due I'M
der said mortgage upon the indebted
ness therein described at the date of
this notice the following sums: the
principal sum of Six Hundred Dol
lars ($600.00); interest thereon at the
rate of eight (S) per cent per annum
from April 3rd, 1927 to the date of
this notice, amounting to Fourteen
and 6O-1O0 Dollars ($146O); interest
coupon numbered eight aforesaid,
amounting to Twenty-four Dollars
($24.0O); interest thereon at the rate
of eight per cent per annum from
April Bird, 1927 to the date of this no.
tice, amounting to Sixty Cents; taxes
paid on March II, 1927, as herein
before stated, One Hundred Seven and
S7-100 Dollars ($107.8O; interest on
said sum paid for taxes from March
II, 1927 to the date of this notice,
amounting to Two and 63-100 Dollars
($263), aggregating at the date of
this notice the sum of Seven Hundred
Forty-nine and 70-100 Dollars ($749.-
70), no action or proceeding at law or
otherwise having been instituted to re-
cover the same or any part thereof;
that the lands and premises described
in and conveyed by said mortgage are
situate in the County of Pine, State
of Minnesota, and are described as
follows, to-wit:
The Southwest quarter of the
Northeast quarter (SWA of
NEA) of Section Seven (7) in
Township Forty-three (43) North
of Range Eighteen (1S), West of
the Fourth Principal Meridian,
containing Forty (4O) acres, more
or less, according to the Govern
ment survey thereof.
AND, THEREFORE, that under and
by virtue of the power of sale con-
tanned in said mortgage and the sta
tute in such case made and provided,
the said mortgage will be foreclosed
and the above described lands and
premises will be sold by the Sheriff
of Pine County aforesaid at public
auction to the highest bidder for
cash, at the front door of the Court
House of said county in the village of
Pine City, Pine County, Minnesota, on
Saturday, the Oath day of September,
1927, at eleven o'clock in the fore
noon of said day to pay and satisfy
the amount which shall then be
due upon said Indebtedness and
under said mortgage, together with
the cost and expenses of these fore
closure proceedings, including attor-
ney's fees as provided by statute and
stipulated in said mortgage.
Dated July %, 1927.
CHARLES E. DANIELSON,
ASSIGNEE of MORTGAGE.