The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-05-04

March 80 to May 4
NOTICE OF MORTGAGE FORE
CLOSURE SALE.
Default having been made in the
conditions of that certain mortgage
bearing date the LIST day Of March,
1928, made, executed and delivered
by ROBERT H. SOMERVILLE and
MARY E. SOMERVILLE, husband
and wife, as mortgagors, to Southern
Minnesota Joint Stock Land Bank OF
Redwood Falls, (now Southern Min
nesota Joint Stock Land Bank of
Minneapolis), body corporate, Of the
City of Minneapolis, Hennepin Coun-
ty, 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 1st day of March,
1923, at 2:05 o'clock P. M, and duly
recorded in Book 80 of Mortgages on
page 40, which said mortgage secures
one promissory note for Ten Thous-
and and no-1OO Dollars ($10,000) of
even date Herewith, with principal
and interest payable on the amortiza-
ton plan in semi-annual installments
of Three Hundred Fifty and no-100
Dollars ($350.OO) each, payable on
the LIST day Of March and September
of each year; and whereas said mort
gagors have failed to pay the sum of
Three Hundred Fifty and no-100 Dol
lars ($350.OO), being the semi-annual
installment of principal and interest
due the LIST day of September, 1925,
and the sum of Three Hundred Fifty
and no-1OO Dollars ($35O.0O) being
the semi-annual installment of prin-
cipal and interest due the LIST day of
March, 1926, and the sum of Three
Hundred Fifty and no-1O0 Dollars
($350.0O) being the semi-annual in
stallment of principal and interest
due the LIST day of September, 1926,
and the sum of Three Hundred Fifty
and no-10O Dollars ($850.OO) being
the semi-annual installment of prin-
cipal and interest due the 1st day
of March, 1927, with interest on
each of said defaulted INSTALL
ments at the rate of $50 per an
mum, which said interest amounts to
Ninety One and 80-100 Dollars
($91.8O) to date hereof, or a total of
installments and interest Of One
Thousand Four Hundred Ninety One
and $4,000 Dollars ($1491.80), the
amount due and claimed to be due
and payable on said mortgage at the
date Of this notice; and whereas said
mortgage, under the provisions of
Chapter $50, General Laws Of Mime
sofa for 1925, has taken and deemed
said defaulted semi-annual installments
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 Sc
cured by said mortgage or any part
thereof;
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 provided,
the said mortgage will be foreclosed
by sale of the mortgaged premises
described in and conveyed by said
mortgage, viz:
The Southeast Quarter (SEA)
of Section Twenty One (21),
Township One Hundred Twelve
(112), Range Thirty Five (35),
containing 160 acres, more or
less, according to Government
Survey thereof, in the County of
Redwood, State of Minnesota,
with the Entertainments and appurten-
ances, which sale will be made by the
Sheriff of said Redwood County at
the main front door of the Court
House, in the City of Redwood Falls,
Redwood County, Minnesota, on the
10Th day of May, 1927, at 1000 o'clock
in the forenoon of that day, at pub
lie vendue, to the highest bidder for
cash, to pay said debt of One Thous-
and Four Hundred Ninety One and
$4,000 Dollars ($A91.s0) and inter-
est and taxes, if any, and Seventy
Five Dollars Attorneys fee and dis
bursements allowed by law, sub
ject to the installments Of principal
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 25th day of March, 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,
Secretary.
j. NJ. Woodwork,
ATTORNEY for MortOaOeo