The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-07-20

June 20 to August 8
NOTICE OF
MORTGAGE FORECLOSURE SALE
Default having been made in the
conditions of that certain mortgage
bearing date the first day of Deem
Der, 1922, made, executed and deliv-
cred by Carrie j. Melges and julius
H. Melges, her husband, as mortgage
ors, to Southern Minnesota Joint
Stock Land Bank of Redwood Falls,
now Southern Minnesota Joint Stock
Land Bank of Minneapolis, body
corporate, of the City of Minneapolis,
Hennepin County, Minnesota, mort
gagee, 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 Coun-
ty, Minnesota, on the 21st day OF
December, 1927, at 1885 o'clock A..
M. and duly recorded in Book 80 OF
Mortgages, on page 81, which said
mortgage secures one promissory
note for Sixteen Thousand Dollars
($16,000) of even date Herewith,
with principal and interest payable
on the amortization plan in semi-an-
nual installments of Five Hundred
Sixty Dollars ($56O) each, payable
on the first day of June and Deem
her of each year; and whereas said
mortgagors have failed to pay two
semi-annual installments of principal
and interest of Five Hundred Sixty
Dollars ($56O) each, which became
due December 1st, 1926, and June LIST,
1927, respectively, with interest on
each of said defaulted installments
at the rate of eight per cent per an
mum, which said interest amounts to
Twenty Eight and 06-100 ($2S.06)
Dollars to date hereof, or a total Of
instaliments and interest of One
Thousand One Hundred Forty-Eight
and 06-1O0 Dollars 81, 14S.06), the
amount due and claimed to be due
and payable on said mortgage at the
date of this notice; and whereas said
mortgage under the provisions of
Chapter 280, General Laws of Mime
sofa for 1925, has taken and deemed
said defaulted semi-annual INSTALL
ments as a separate and Independent
mortgage, and whereas no action or
proceedings has been instituted at
law or otherwise to recover the debt
secured by said mortgage or any part
thereof;
NOW, THEREFORE, NOTICE is
HEREBY GIVEN: That by virtue of
the power of sale contained in said
mortgage and pursuant to the stat
utes in such case made and provided,
the said mortgage will be foreclosed
by sale of the mortgaged premises
described in and conveyed by said
mortgage, viz:
Lots One ~, Two (2), Three
(3), Four 90, Five (5), Six (6)
and the Southeast Quarter of the
Northwest Quarter (SEA NWA)e
of Section Twenty (2O) in Town
ship One Hundred Twelve (112)
North of Range Thirty-Six 1867
West of the Fifth Principal
Meridian, containing 240 acres,
more or less, according to the
Government Survey thereof,
Redwood County, Minnesota,
with the Entertainments and appurten-
ances, which sale will be made by the
Sheriff of said Redwood County at
the main front door of the Court
House, in the city of Redwood Falls,
Redwood County, Minnesota, on the
18th day of August, 1927, at 10
o'clock in the forenoon of that day, at
public vendue, to the highest bidder
for cash, to pay said debt of One
Thousand One Hundred Forty Eight
and O6-100 Dollars Sl,148.06), and
interest and taxes, if any, and Seven
ty-Five Dollars ($:5.00) attorneys
fees and disbursements by law, SUBJ
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 oath day of June, 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.