Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1928-03-15
NOTICE OF MORTGAGE FORE
CLOSURE SALE

NOTICE IS HEREBY GIVEN: THAT.
WHEREAS. default has occurred in the
conditions of that certain mortgage.
dated the 1st day of December. 1924.
given to secure the payment of Thirty
Five Hundred Dollars (S35OO.OO), due
and payable December 1St, 1929. and IN
terest thereon at the rate of six per-
cent $50 per annum. as evidenced by
. one certain principal note in the sum
of Thirty Five Hundred Dollars
(s350O.OO) and five 90 coupon notes
spectively on the 1st day of December
of each year, commencing with the year
1925; all of said notes both Tor pIin.
cipal and interest. bearing even date
with said mortgage. executed by h. ;.
Hooker and Title Hooker, his wife. as
Mortgagors. to Brook Park State Bank.
q Minnesota Corporation, of Brook Park,
Minnesota Mortgage. and filed Tor
record in the office of the Register OF
Deeds in and for Pine County. Mime
sofa. on the 9Th day of December, A: ID.
1924, at O'Clock A. NJ. and recorded IN
Book sc of Mortgages, on Page "a; and
WHEREAS. Said mortgage together
with the debt secured thereby, was
thereafter duly assigned by the said
mortgagee to y. p. Hagen of Hennepin
County, Minnesota. as assignee, by
written assignment. dated the Bird DAY
record in the office of the Register of
Deeds for said Pine County. Minnesota,
on the 18th day of January. A; ID. 1927.
at o'clock A. NJ. and recorded in Book
65 of Mortgages. on Page 4O4. and
WHEREAS. Said default consists in
this, to-wit: Failure on the part OF
the mortgagors to pay the interest on
said mortgage in the sum of Two
Hundred Ten Dollars ($21O.00). due and
payable on the LIST day of December,
1927, according to one of the interest
coupon notes which said mortgage was
given to secure, and for the further
failure of the mortgagors to pay the
taxes for the year 1926. on the premises
upon which said mortgage was given.
due and payable in the year 1927. and
which said taxes together with penalty
theron in the total sum of Ninety Nine
and 2O/1O0 Dollars (S99.2O). the under
signed assignee was required to. and
did pay as follows: The sum of Forty
Seven and 24/10O Dollars ($47.24) on or
about the 1st day of May. 1927. and the
further sum of Fifty One and 96flO0
Dollars ($51.96), on the 29th day of
December. 1921 and
WHEREAS, Said note and mortgage
contained provision. that IL default
shall be made in any of the provisions
of said note or mortgage. it shall be
lawful for the mortgagee, it's successors
or assigns, to declare the whole sum
specified in said note and mortgage.
to be due and payable; and
WHEREAS. Because of the default
made in the terms and provisions OF
said mortgage and note. as aforesaid.
the undersi gned assignee has declared
the entire principal and interest there
on to be now due and payable. and
WHEREAS. There is claimed to be
payable at the date of this Notice. on
said mortgage and note. the principal
sum thereof. to-wit. Thirty Five Hun
dred Dollars (S3500.00) as evidenced by
the principal note aforesaid. also the
sum of Two Hundred Ten (S210.OO)
Dollars, as evidenced by the coupon note
due and payable on December 1st 1927.
as aforesaid and interest on said prin-
cipal and coupon notes accrued to this
date, in the sum of Sixty One and $4,000
Dollars (S61.S3), together with taxes
undersigned
the principal sum of Ninety Nine and
20TOO Dollars G99.20) with interest
the undersigned until the date of this
notice. in the sum of Three and 1900
Dollars (S3.0D, a total of principal. in
terest and taxes in the sum of Three
Thousand Eight Hundred Seventy Four
and 07/100 Dollars (S3.S74.07). and that
no action or proceeding at law has been
instituted to recover the debt secured
by said mortgage or any part thereof.
NOW, THEREFORE,. Pursuant to the
power of sale in said mortgage, said
mortgage will be foreclosed and the
land therein described. lying and being
in the County of Pine and State of Min
neSota. to-wit:
The West half of the Northeast
Quarter (Wk of NEA) of Section
Seventeen QD. in Township Forty
tanning Eighty acres more or less
according to the Government sur
vey thereof.
County at public auction, on the 18th
day of May, 1928, at 10 O'Clock A. M.
at the front door of the Court House
in the City of Pine. in said County and
State. to pay said sum and interest
thereon to said date of SALE and the
costs and disbursements of such fore
closure. together with taxes paid by
the undersigned assignee. and including
an attorney fee of Seventy Five Dollars
(ST5.00). subject to redemption within
twelve Q2) months from the date of
sale.
Dated this 10th day of March. 1928.
o. P. HAGEN,
Assignee of Mortgage.
JOSEPH J. GRANBECK.
Attorney for Assignee of Mortgage.
354 Security Building.
Minneapolis, Minnesota
March 15-April 19)