The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-05-25
April 81 to June l
NOTICE OF
MORTGAGE FORECLOSURE SALE


NOTICE OF
MORTGAGE FORECLOSURE SALE
Default having been made in the
conditions of that certain mortgage
bearing date the LIST day of August,
1922, made, executed and delivered by
Frank Schandera, a single man, as
mortgagor, to Southern Minnesota
Joint Stock Land Bank Of Redwood
Falls (now Southern Minnesota Joint
Stock Land Bank of Minneapolis,) a
body corporate of the City of Mime
apolis, Hennepin County, Minnesota,
mortgage, and with 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 22nd day of Aug
asst, 1922, at 9:25 o'clock A. M, and
duly recorded in Book 76 of Mort
cages, on page 1896, which said mort
gage secures one promissory note
for Fourteen Thousand Dollars ($14,-
OOO.OO), of even date Herewith, with
principal and interest payable on the
amortization plan, in semi-annual in
stallments of Four Hundred Ninety
Dollars ($49O) each, payable on the
1st day of February and August in
each year; and whereas said mort
gagor has failed to pay the sum Of
Four Hundred Eighty-five and $500
Dollars ($4S5.88), being the balance
due on the smi-annual installment of
principal and interest amounting to
Four Hundred Ninety Dollars ($49O)
which was due February l, 1926, and
two semi-annuai installments Of prin-
cipal and interest of Four Hundred
Ninety Dollars ($49O) each which
were due August 1, 1926, and Febru-
airy 1, 1927, respectively, with inter-
est on each of said defaulted install
ments at the rate of eight per cent
per annum, which said interest
amounts to Eighty-six and $500
Dollars ($86.88), or a total of INSTALL
ments and interest of Fifteen Hundred
Fifty-two and 76-100 Dollars ($1552.-
76), the amount due and claimed to
be due and payable on said mortgage
at the date of this notice; and where
as said mortgage, under the provis-
ions of Chapter $50, General Laws of
Minnesota for 1925, has taken and
deemed said defaulted semi-annual in
stallments as a separate and indie
pendent mortgage; and whereas no
action or proceeding has been insti-
tuted 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 statutes
in such case made and provided, the
said mortgage will be foreclosed by
sale of the mortgaged premises des-
cribed in and conveyed by said mort
gage, viz: The South Half (Sh)
of the Southeast Quarter (SEA) of
Section Twenty-eight (2S) and the
Northeast Quarter (NEA) Of Section
Thirty-three 1887, in Township One
Hundred Nine (109), Range Thirty
seven (37, containing 240 acres, more
or less, according to the Government
survey thereof, Redwood County,
Minnesota, with the Entertainments
and appurtenances, which sale will
be made by the Sheriff OF said Red
wood County at the main front door
of the Court House, in the City of
Redwood Falls, Redwood County.
Minnesota, on the 18th day of June,
1927, at ten o'clock in the forenoon
of that day, at public vendue to the
highest bidder for cash, to pay said
debt of Fifteen Hundred Fifty-two
and 76-10O Dollars ($1552.76) and in
terest and taxes, if any, and Seventy
five Dollars ($75.00) attorneys fee
and disbursements allowed by law,
subject to the installments of princi-
pal and interest vet 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 April 21st, 1927.
SOUTHERN MINNESOTA
i JOINT STOCK LAND BANK
1 OF MINNEAPOLIS,
Formerly Southern Mime
sofa Joint Stock Land Bank
of RedwoNf Falls,
Mortgage.
BY o. d. SMITH, Vice President.
BY w. B. CLEMENT, Secretary,
j. M. Woodwork,
Attorney for Mortgage,
a2S Mcknight Building.
Minneapolis, Minnesota.
Corporate SeaD Acts