The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1929-04-24


WOOD FALLS, MINNESOTA
April 8 to May 8
NOTICE OF MORTGAGE FORE
CLOSURE SALE
Default having been made in the
conditions of that certain mortgage
bearing date the 21st day of Septem-
Der, 1922, made, executed and deliver
ed by Pike w. Lilibridge and Harriet
r. Lillibridge, his wife. as mortgagors
to The First Joint Stock Land Bank
of Minneapolis, a body corporate of the
City of Minneapolis, Hennepin Coun-
ty, Minnesota, mortgage, 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 18th
day of November, 1922 at 9:05 o'clock
A. M. and recorded in Book "a of
Mortgages on Page "a, which said
mortgage, together with the debt
secured thereby was heretofore duly
assigned by The First Joint Stock
Land Bank of Minneapolis to South
ern Minnesota Joint Stock Land Bank
of Redwood Falls, (now Southern
Minnesota Joint Stock Land Bank of
Minneapolis, body corporate of the
City Of Minneapolis, Hennepin Coun-
ty, Minnesota) by an instrument in
writing dated the 31st day of May,
1923 and duly filed for record in the
office of the Register of Deeds of
Redwood County, Minnesota, on the
21st day of July, 1928 at 11:2O o'clock
A. M. and duly recorded in Book 70
of Mortgages on Page 428, which
said mortgage secures one promis-
sorry note for Ten Thousand Dollars
| ($10,000), of even date Herewith,
with principal and interest payable
on the amortization plan in semi
annual installments of Three Hun
dred Fifty and no-10O Dollars $780,
OO) each, payable on the 21st day
of March and September in each
year; and that said default consists
in the failure of said mortgagors to
pay two semi-annual installments of
Three Hundred Fifty Dollars ($350.00)
each, which became due September
21st, 1928 and March 81, 1929, re-
spectively, with interest on said de-
faulted installments, which said in
terest amounts to Fifteen and 52-100
Dollars ($15.52), to date hereof,
making at total Of installments and
interest of Seven Hundred Fifteen
and 52-100 Dollars ($715.52), the
amount due and claimed to be due
and payable on said mortgage at
the date of this notice; and whereas
said assignee of mortgage, under
the provisions of Chapter $50, Cen
eral Laws of Minnesota for 1925, has
taken and deemed said defaulted semi
annual installments as separate and
Independent mortgage; and whereas
no action or proceeding has been in
stituted at law or otherwise to re-
cover the debt secured by said NOR
tgage, 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 statute
in such case made and provided, the
said mortgage win be foreclosed by
sale of the mortgaged premises
described in and conveyed by said
mortgage, viz:
The Northwest fractional Quart
err (NW frac. n } of Section Thir-
ty-one (31), Township One Hun,
dred Ten (11O) North of Range
Thirty-eight 1881 West Of the
Fifth Principal Meridian, con-
tanning One Hundred Eighty
(1s0) acres, more or less, accord
ing to the u. S. Government
Survey Thereof, Redwood Coun-
ty, Minnesota, with heredita-
ments and appurtenances, which
sale will be made by the Sheriff OF
said Redwood County, at the maip
front door of the Court House, in the
City of Redwood Falls, Redwood
County, Minnesota, on the 18th day
of May, 1929, at ten o'clock in the
forenoon of that day, at public ven
due, to the highest bidder for cash,
to pay said debt of Seven Hundred
Fifteen and 52-1OO Dollars ($715.52)
and interest and taxes, if any, and
Fifty Dollars (s50) attorneys fee
and disbursements allowed by law,
subject to the installments of prin-
cipal and interest yet to become due
on the mortgage, and subject to re-
demption at any time within one year
from the date of sale, as provided by
law.
Dated April LIST, 1929.
Southern Minnesota Joint Stock
Land Bank of Minneapolis, formerly
Southern Minnesota Joint Stock Land
Bank of Redwood Falls-Assignee OF
Mortgage.
j. M. Woodwork, Attorney for
Assignee of Mortgage, 1928 Nc
Knight Building, Minneapolis. Mime
sofa. 39-6ts.