Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1927-10-13
NOTICE OF REAL ESTATE MORT
GAGE FORECLOSURE SALE

WHEREAS. Default has been made
by the mortgagors in the conditions and
duly executed and delivered by Her
bert L.. Wallace and Olive L. Wallace
his wife. mortgagors. to the State of
the, goth day of October, 1923. and.
with a power of sale therein contained
duly tiled for record in the office of
County of Pine and State of Minnesota
on the 25th day of October. 1923. at
t two o'clock p. M: and duly recorded
there 5,J IN BOOK 80" of Mortgages. on
AZ AND 81 wHEREAs. Said default con-
sists in the failure of said mortga gors
amortized principal and interest. each
five Dollars % (s5as'oo}, Witch i BECAME
ana RayaO and on the the o 10th d day of
April. 1927. in accordance with the
terms and conditions of said mortgage;
; and to pay the general taxes pn said
which taxes the State Of Minnesota.
MORTGAGE in default of said mortga-
gors to pay the same. paid on the 18th
fifty-three cents (s195.53). which de
fault has continued to this date;
AND WHEREAS. By reason of said
conditions of said mortgage and as
authorized by law. the Department of
Rural Credit. on behalf of the State
of Minnesota, the mortgagee and owner
and holder of said mortgage. has ex-
erclSed and does hereby exercise it's
option to declare. and hereby does de-
by said mortgage to be due and pay
able forthwith;
AND WHEREAS. There is actually
due and claimed to be due and payable
cured thereby, at the date of this no.
tice. by reason of said election, the sum
of Six Thousand Nine Hundred Twenty
seven Dollars and twenty-seven cents
$6;927.2O,, unamortized principal. to-
gether with interest thereon from the
goth day of April. 1927. at the rate
annum. and Four Hundred Fifty Dol
lars ($45O.00) amortized principal and
interest. with interest on S225.O0 there
per centum per annum. and interest on
$225.00 thereof from April goth. 1927.
at seven per centum per annum, in all
cents ($7.762.55). including the amount
paid for taxes as aforesaid;
AND WHEREAS. By reason of said
tanned in said mortgage has become
and is operative. and no action or pro-
ceeding having been instituted at law
or otherwise to recover the debt Sc
cured by said mortgage or any part
thereof;
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 a 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
nesota. to-wit:
The East Half of the Northwest
Vest Half Of the Northeast quar-
ter (Wh of NEA) of Section Thir-
nine (ss) North. of Range twenty
acres. more or less. according to the
Government survey thereof.
with the Entertainments and appurten-
ances. which sale will be made by the
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.
1927. at ten o'clock in the forenoon of
that day. at public vendue to the high
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 or sale
as provided by law.
Dated September 7th. 1927.
STATE OF MINNESOTA, Mortgage.
BY Department of Rural Credit.
OLE o. SAGENG. Chairman.
Attest: H. H. FLOWERS. Secretary.
DEPARTMENT SEAL)
Clifford L. Hilton. Attorney General.
Ludwig Gullickson.
Assistant Attorney General.
Attorneys for Mortgagee.
Clio Hamm Building.
st. Paul. Minnesota.
Sept. S.-Oct. 13)