The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-06-08
Obey Parking Law;
Prevent Accidents
May 25-June 80
NOTICE OF MORTGAGE FORE
CLOSURE SALE

Default having been made In the
conditions of that certain mortgage
bearing date the 1st day of May, 1922
made, executed and delivered by Will
liam F. Jackson and Mary E. Jackson,
his wife, mortgagors, to Southern Min
nesota Joint Stock Land Bank of Red
wood Falls (now Southern Minnesota
Joint Stock Land Bank of Mime
apolis) a body corporate, of the City
of Minneapolis, Hennepin County,
Minnesota, mortgage and with a
power of sale therein contained, and
duly filed for record in the office
of the Register of Deeds in and for
Redwood County, Minnesota, on the
10th day of May, 1922 at 9:1O o'clock
A. NJ, and duly recorded in Book
"76' of Mortgages on page 1858, which
said mortgage secures one promis-
sorry note for Twenty thousand dol
lars (S20,000), of even date Herewith
with principal and interest payable
on the amortization plan in semi-an-
nual installments of Seven hundred
dollars ($700) each, payable on the
LIST day of May and November in each
year, and whereas, said mortgagors
failed to pay three semi-annual in
stallments of principal and interest
of Seven hundreds dollars ($7OO) each,
which became due May l, 1926, No
vember l, 1926 and May 1, 1927 re-
spectively, with interest on each of
said defaulted installments at the rate
Of eight per cent per annum, which
said interest amounts to Ninety three
and 21-100 dollars (s93.2D to date
hereof, or a total of installments and
interest of Two thousand one hundred
ninety three and 21-100 dollars
(S2193.2D, the amount due and claim
ed 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 CT 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 recover
the debt secured 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 sta
tutes in such case made and provid-
ed, the said mortgage will be fore
closed by a sale of the mortgaged
premises described in and conveyed
by said mortgage, viz:-The North
one-half (N1s) of section twenty one
CID township one hundred eleven
Q1D range thirty seven (37) less
the acreage granted for railroad right
of-way, containing 308.56 acres, more
or less, according to the Government
survey thereof, Redwood county, Min
nesota with the hereditaments and
appurtenances, which sale viii be made
by the Sheriff of said Redwood coun-
y, at the main front door of the
Court House, in the City of Redwood
Falls, Redwood County, Minnesota,
on the 18th day of July, 1927 at 10
O'Clock in the forenoon of that day, at
public vendue, to the highest bidder
for cash to pay said debt of Two thou
sand one hundred ninety three and
21-100 dollars (S2l93.2D and interest
and taxes, if any, and Seventy five dol
lars $3.50 attorneys fee, and dis
bursements allowed by law, subject to
the installments of principal and in
terest yet to become due ON the mort
gage and subject to redemption at
any time within one year from the
date OF sale, as provided by law.
Dated this Goth day of May, 1927.
SOUTHERN MINNESOTA
JOINT STOCK LAND BANK
OF MINNEAPOLIS,
formerly Southern Mime
sofa Joint Stock Land Bank of
Redwood Falls), Mortgage.
By o. D. SMITH, Vice President
By w. B. CLEMENT, Secretary.
j. NJ. Woodwork,
Attorney for Mortgage,
S28 Mcknight Building,