The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1928-05-23

May %, 80, June 6, Is, 20, q
NOTICE OF
MORTGAGE FORECLOSURE SALE
Whereas, default has been made in
the conditions of that certain mort
gage made, executed and delivered by
A. j. Praxel and Katherine Praxel,
his wife, as mortgagors, to Southern
Minnesota Joint Stock Land Bank of
Redwood Falls, a body corporate of
the City of Redwood Falls, Redwood
County, Minnesota, mortgage, (nOw
Southern Minnesota Joint Stock Land
Bank of Minneapolis, of the City of
Minneapolis, Hennepin County, Min
nesota), bearing date the LIST day of
September, 1922, and with power of
sale therein contained and duly filed
for record in the office of the Regis
ter of Deeds in and for Redwood
County, Minnesota, on the 9th day of
September, 1922, at $40 o'clock P. M.
and duly recorded in Book 76 of Mort
cages on page 406, which said de-
fault consists in the failure to pay a
balance of One Hundred Forty Two
and 1O-1OO Dollars ($142.10) on the
semi-annual installment of principal
and interest falling due September 1,
1926, and three semi-annual install
ments of principal and interest of
Four Hundred Twenty Dollars
($42O.OO) each, which became due
March 1, 1927, September 1, 1927, and
March l, 1928, respectively, with in
terest on each of said defaulted in
stalments which interest amounts to
One Hundred Fourteen and 73-1OO
Dollars ($114.73), making a total of
instalments and interest of one
Thousand Five Hundred Sixteen and
$500 Dollars ($1,516.83). And
whereas no action or proceeding has
been instituted at law or otherwise to
recover the debt secured by said mort
gage or any part thereof, and where
as said Southern Minnesota Joint
Stock Land Bank of Minneapolis (for-
merly Southern Minnesota Joint Stock
Land Bank of Redwood Falls), the
owner and holder of said mortgage,
has duly elected and does hereby elect
to declare the whole principal sum of
said mortgage remaining unpaid on
the first day of March, 1928, of
Eleven Thousand Two Hundred Thir-
ty One and 51-10O Dollars ($11, 231.-
81, with interest thereon from said
date to the date of this notice amount
ing to One Hundred Forty and 40-100
Dollars ($14O.40), due and payable
in addition to the above sum of ST.
516.83, all under the terms and con-
ditiOns of said mortgage and the pow
er of sale therein contained; and
whereas there is actually due and
claimed to be due and payable at the
date Of this notice upon the afore-
said mortgage, the sum of Twelve
Thousand Eight Hundred Eighty
Eight and 74-10O Dollars ($12,888.74
and the power of sale therein con-
tanned has become operative;
NOW, THEREFORE, NOTICE is
HEREBY GIVEN: That by virtue
of the power of sale contained in
said mortgage and pursuant to the
statute in such case made and pro-
vided, the said mortgage will be fore
closed by a sale of the mortgaged
premises described in and conveyed
by said mortgage, viz: Southwest
Quarter SWA) of Section Eighteen
(18) Township One Hundred Ten
Q1O) Range Thirty Eight 1857 and
South Half of Southeast Quarter
(Sk SEQ of Section Eighteen (18)
Township One Hundred Ten 110)
Range Thirty Eight 1881 containing
240 acres, more or less, according to
the Government Survey thereof, in
Redwood County, Minnesota, with the
Entertainments and appurtenances,
which sale will be made by the Sheriff
of said Redwood County, Minnesota,
at the front door of the Court House,
in the City of Redwood Falls, Red
wood County, Minnesota, on the 7th
day of July, 1928, at 10 O'Clock in the
forenoon of that day, at public ven-
due, to the highest bidder for cash,
to pay said debt of Twelve Thousand
Eight Hundred Eighty Eight and IA
100 Dollars ($12,8S8.74), and interest
and taxes, if any, on said premises,
and Two Hundred Dollars ($2OO.OO)
attorneys fee, as stipulated in and
by said mortgage in case of fore
closure, and disbursements allowed by
law, subject to redemption at any
time within one year from the date
of sale as provided by law.
Dated May Is, 1928.
SOUTHERN MINNESOTA
JOINT STOCK LAND BANK
OF MINNEAPOLIS,
formerly Southern Minneso-
Ia Joint Stock Lank Bank
of Redwood Falls).
Mortgage.
j. M. Woodwork,
Atfornox, for