The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-10-05
Sept. 81 to Oct. 26
NOTICE OF

Default having been made in the
conditions of that certain mortgage
bearing date the 1st day of Decem-
Der, 1922, made, executed and deliv-
cred by julius H. Melges and Carrie
j. Melges, his wife, as mortgagors,
to Southern Minnesota Joint Stock
Land Bank of Redwood Falls (now
Southern Minnesota Joint Stock Land
Bank of Minneapolis), body cor
porate, of the City of Minneapolis,
Hennepin County, Minnesota, mort
gage, 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, 1922, at 10:40 o'clock A.
NJ, and duly recorded in Book 88 of
Mortgages, on page %, which said
mortgage secures one promissory
note for Sixteen Thousand Dollars
($16,00O), 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 1st day of June and December
of each year; and whereas said mort
gagors have failed to pay two semi
annual installments of principal and
interest of Five Hundred Sixty Dol
lars ($560) each which became due
December 1, 1926, and June /, 1927,
respectively, with interest on each of
said defaulted installments at the
rate of eight percent per annum,
which said interest amounts to Forty
nine and 72-100 Dollars ($49.72) to
date hereof, or total of installments
and interest of One Thousand One
Hundred Sixty-nine and 72-1OO Dol
lars Isl ,169.72), 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-annual installments as a sep
arate and independent mortgage; and
whereas no action or proceeding has
been instituted at law or otherwise
to recover the debt secured by said
mortgage or any part thereof;
4 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 foreclos-
ed by a sale of the mortgaged prem
Uses described in and conveyed by
said mortgage, viz:
The South Half of the North
west Quarter (S1a NWA) of
Section Thirteen (13), and the
Northeast Quarter (NEA) of
Section Fourteen 90, in Town
ship One Hundred Twelve (112),
Range Thirty-seven $50, con-
tanning 240 acres, more or less,
according to the government survey
thereof, in Redwood County, Min
nesota, with the Entertainments and
appurtenances, 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 Red
wood Falls, Redwood County, Min
nesota, on the 14th day of Novem-
Der, 1927, at ten o'clock in the fore
noon of that day, at public vendue,
to the highest bidder for cash, to
pay said debt of One Thousand One
Hundred Sixty-nine and 72-100 Del
lars ($1,169.72), and interest and
taxes, if any, and Seventy-five Dol
lars ($75) attorneys fee and dis
bursements allowed by law, subject
to the installments of principal and
interest yet to become due on the
mortgage and subject to redemption
at any time within one year from the
date of sale, as provided by law.
Dated this Goth day of September,
1927.
SOUTHERN MINNESOTA
JOINT STOCK LAND BANK
OF MINNEAPOLIS,
formerly Southern Mime
sofa Joint Stock Land Bank OF
Redwood Falls), Mortgage.
]. n. Woodwork,
Attorney for Mortgage,
828 Mcknight Building,
Minneapolis. Minnesota. 11-6s