Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1927-09-08
NOTICE OF REAL ESTATE MORT.
GAGE FORECLOSURE SALE

WHEREAS. Default has been made
oy the mortgagors in the conditions and
G Gose nrao,, OF that certain mortgage
bert L. Wallace and Olive L. Wallace.
ms WIFE, mortgagors, to the State Of
fhe esf5 d, mortgage bearing date
with a power of sale therein contained.
duly filed for record in the office of
the Register of Deeds in and for the
on the 25th day of October, 1928. at
therein in Book ESQ., Of M aH assato on
AND wHEREAs, Said default con-
sists in the failure of said mortgagors
TO pay the semi annual installments of
amortlzed principal and interest. each
five Dollars (s225.OO). which became
due and payable on the goth day of
October; 1925, and the Goth day of
terms and conditions of said mort gage;
and to pay the general taxes on said
mortgaged premises for the year 1928,
mortgagee in default of said mortga-
gors to pay the same, paid on the 18th
day of May. 1925. to-wit: the sum of
One Hundred Ninety-fiye Dollars and
fault has continued to this date;
AND WHEREAS. By reason of said
default. and pursuant to the terms and
by i E the Depsrtm aea of
Rural Credit. on behalf of the State
OF minnesota. the mortgage and owner
and holder of said mortgage. has ex-
erc1Sed and does hereby exercise it's
option to declare. and hereby does de-
clare. the whole of the loan secured
by, said mortgage to be due and pay
AND WHEREAS. There is actually
due and claimed to be due and payable
upon said mortgage and the loan Sc
cured thereby, at the date of this no.
t1C6. of q
of Six Thousand Nine Hundred Twenty
seven Dollars and twenty seven cents
ls6;9272O, unamortized principal, to-
10th day of April. 1927. at the rate
of five and one-fourth per centum per
annum. and Four Hundred Fifty Dol
interest, with interest on $4,000 there
of from October Goth. 1926, at seven
per centum per annum, and interest on
at seven per centum per annum, in all
the sum of Seven Thousand Seven Hun
dred SicXty y Dollars and fifty-five
cents lSI762.55). including the amount
paid for taxes as aforesaid;
AND WHEREAS. By reason of said
default. the said power of sale con-
tanned in said mortgage has become
ceeding having been instituted at law
or otherwise to recover the debt Sc
cured by said mortgage or any part
NOW. THEREFORE,, Notice is here
by given. that by virtue of the power
of sale contained in said mortgage and
pursuant to the statute in such case
made and provided. the said mortgage
will be foreclosed by sale of the prem
ises described in and conveyed by said
mortgage, situate. lying and being in
the County of Pine and State of Min
The East Half of the Northwest
Weaf Ha q t of NNWH and d the
ter (Wh of NEA) Of Section Thir-
tyrthrfe se, ls3l; T9wn shI, Thirty
two I222) west, containing 10
acres. more or less. according to the
Government survey thereof.
with the Entertainments and appurten-
Sheriff Of said Pine County. at the
front door of the Court House in the
Village of Pine City. in said County
and State. on the 21st day of October.
that day. at public vendue to the high
est bidder for cash. to pay and satisfy
the debt then due on said mortgage,
including said taxes paid as aforesaid.
and the taxes. if any. on said premises.
and the costs and expenses allowed by
law; subject to redemption at any time
within one year from the date of sale
as provided by law.
Dated September 7th. 1927.
STATE OF MINNESOTA. Mortgage.
By Department of Rural Credit.
OLE Q. -sAGENG. Chairman.
DEPARTMENT. sEAL)
Clifford L. Hilton. Attorney General.
Ludwig GullickSOn,
Assistant Attorney General.
Attorneys for Mortgagee.
61O Hamm Building,
ST. Paul, Minnesota.
Sept. 8.-Oct. 49,