The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1928-05-30
May %, 80, June 6, 10, 20, 81
NOTICE OF
MORTGAGE FORECLOSURE SALE


NOTICE OF
MORTGAGE FORECLOSURE SALE
Whereas, default has been made n
the conditions of that certain mort
gage, made, executed and delivered
by A. j. Praxel and Katherine Prax-
ell, his wife, as mortgagors, to South
ern Minnesota Joint Stock Land Bank
of Redwood Fails, body corporate
of the City of Redwood Falls, Red
wood County, Minnesota, mortgage,
(now Southern Minnesota Joint Stock
Land Bank of Minneapolis, of the
City of Minneapolis, Hennepin Coun-
ty, Minnesota), bearing date the 1st
day of September, 1922, and with a
power of sale therein contained and
duly filed for record in the office of
the Register of Deeds in and for Red
wood County, Minnesota, on the 9th
day of September, 1922, at $3.50 o.
clock P. NJ, and duly recorded in
Book rs of Mortgages on Page 400,
which said default consists in the
failure to pay three semi-annual in
stalments of principal and interest
on Two Hundred Eighty Dollars
(S28O.OO) each, which became due
March L, 1927, September 1, 1927,
and March 1, 1928, respectively, with
interest on each of said defaulted in
stalments which interest amounts to
Forty Six and 5-10O Dollars ($46O5),
making total'of instalments and in
terest of Eight Hundred Eighty Six
and 5-100 Dollars ($386.05). 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, and
whereas said Southern Minnesota
Joint Stock Land Bank of Minneapo-
lis formerly 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 re-
naming unpaid on the first day of
March, 1923, of Seven Thousand Four
Hundred Eighty Seven and 69-1OO
Dollars ($7,4S7.69), with interest
thereon from said date to the date of
this notice amounting to Ninety
Three and $1,000 Dollars ($93.59),
due and payable in addition to the
above sum of $8S6.05, all under the
terms and conditions of said mort
gage and the power of sale therein
contained; and whereas there is actu-
ally due and claimed to be due and
payable at the date of this notice
upon the aforesaid mortgage, the
sum of Eight Thousand Four Hun
dred Sixty Seven and 33-1OO Dollars
($8,467.33) and the power of sale
therein contained has become opera
tive;
NOW, THEREFORE, NOTICE is
HEREBY GIVEN: That by virtue
of the power of sale contained in
said mortgage and pursuant to the
statute in such case made and pro-
vided, the said mortgage will be fore
closed by sale of the mortgaged
premises described in and conveyed
by said mortgage, viz: Northeast
Quarter (NEA) of Section Twenty
Six (26) Township One Hundred Ten
Q1O Range Thirty Eight (38) con-
tanning 100 acres, more or less, ac-
cording to the Government Survey
thereof, Redwood County, Minnesota,
with the Entertainments and appurt-
enances, which sale will be made by
the Sheriff of said Redwood County,
Minnesota, at the front door of the
Court House, in the City of Redwood
Falls, in said Redwood County, Min
nesota, on the 7th day of July, 1928,
at 10 o'clock in the forenoon of that
day, at public vendue, to the highest
bidder for cash, to pay said debt of
Eight Thousand Four Hundred Sixty
Seven and 33-1OO Dollars ($S,467.33),
and interest and taxes, if any, on said
premises, and One Hundred Dollars
($100.O0) attorneys fee, as stipulated
in and by said mortgage in case of
foreclosure, and disbursements al
lowed by law, subject to redemption
at any time within one year from the
date of sale as provided by law.
Dated May 18th, 1928.
SOUTHERN MINNESOTA
JOINT STOCK LAND BANK
OF MINNEAPOLIS,
formerly Southern Minneso-
ia Joint Stock Lark Bank
of Redwood Falls).
Mortgage.
j. NJ. Woodwork,
Attorney for Mortgage,
S28 Mcknight Building,
Minneapolis, Minnesota. 46-6ts