The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-06-22
June 15-July 20
NOTICE OF MORTGAGE FORE
CLOSURE SALE

NOTICE OF MORTGAGE FORE
CLOSURE SALE
Default having been made in the
conditions of that certain mortgage
bearing date the LIST day offJune 1922,
made, executed and delivered by Rich
S. Benham and Clara S. Benham, his
wife, as mortgagors, to Southern Min
nesota Joint Stock Land Bank of Red
wood Falls, now Southern Minnesota
Joint Stock Land Bank of Minneapo-
lis, body corporate, of the City OF
Minneapolis, Hennepin County, Min
nesota, mortgage, and with power
of sale therein contained and duly fill
ed for record in the office of the Reg
lister of Deeds in and for Redwood
County, Minnesota on the 3Oth day
of September 1922 at 9:05 o'clock A.
M. and duly recorded in Book 76 of
Mortgages on page 425, which said
mortgage secures one promissory note
for Thirteen Thousand Two Hundred
Dollars ($13,200) of even date there
with with principal and interest pay
able on the amortization plan in semi
annual installments of Four Hundred
Sixty Two Dollars ($462.00) each, pay
able on the first day of June and
December in each year; and whereas
said mortgagors have failed to pay
| the sum of Three Hundred Eighty
Six and 28-1O0 Dollars ($386.28) be-
ing the balance due on the semi annual
installment of principal and interest
of Four Hundred Sixty Two Dollars
/ ($462.00) which was due June 1, 1926
and two semi-annual installments of
principal and interest of Four Hun
dred sixty Two Dollars ($462.00) each
which were due December 1, 1926 and
June l, 1927, respectively, with inter-
est on each of said defaulted install
ments at the rate of eight percent per
annum, which said interest amounts to
Fifty Six and 3-100 Dollars ($56.03)
to date hereof, or a total of INSTALL
ments and interest of One Thousand
Three Hundred Sixty Six and 31-1O0
Dollars Isl ,366.31, 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 Minnesota for 1925, has taken
and deemed said defaulted semi-an-
nual installments as a separate and
independent mortgage; and whereas
no action or proceeding has been in
stituted at law or otherwise to re-
cover the debt secured by said mort
gage 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 sta
tutes in such cases made and provid-
ed, the said mortgage will be foreclos-
ed by a sale of the mortgaged premises
described in and conveyed by said
mortgage, viz: All that part of the
West Half of the Northwest Quarter
| (WkNWA) of Section Thirty Three
(33) lying south of the right of way
of the Minnesota Western Railway
Company, now known as the Chicago
& Northwestern Railway Company
which right of way is particularly de-
scribed in deed recorded in the office
OF the Register of Deeds of said Coun-
ty in Book AZ of Deeds on page PIG
also the Southwest Quarter (SWH
of said section, except that part there,
of described as follows, to wit: be-
ginning at the northeast corner Of
said Southwest Quarter (SWK) o.
said Section Thirty Three (33), theme.
, running west along the north lint
:, of said Southwest Quarter (SWA
. to the Northwest corner of the Eas
Half of said Southwest Quarter (E "
SWA) thence running South along tn,
West line of said East Half of sale
Southwest Quarter (EhSWA) for
distance of One Hundred Thirty Tive
I 132) feet; thence east and parable
with the North line of said Southwes
Quarter (SWA for distance of tire,
hundred and twenty (320) feet, theme,
at right angles north for distance
of one hundred fifteen and $40 (115.5
feet, thence East and parallel with
the North line of said Southwest
, Quarter (SWA) to the East line o.
, said (SWA) thence North along sale
East line to the place of beginning, al
situated in Township One Hundred
Eleven (11D North of Range Thir
ty Five t35), West, containing 19s
acres, more or less, according to the
, Government Survey thereof, Redwood
. County, Minnesota, with the heredita
ments and appurtenances, which sale
will be made by the Sheriff of saic
Redwood County, at the main front
door of the Court House in the City
| of Redwood Falls, Redwood County
. Minnesota, on the 1st day of August
, 1927, at 10 o'clock in the forenoon OF
that day, at public vendue, to tn,
, highest bidder for cash, to pay sale
: debt of One Thousand, Three Hun.
dred Sixty Six and 31-100 Dollars, and
, interest and taxes, if any, and Seven
4 ty Five Dollars (S75.0O) attorney: