Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-01-24
NOTICE OF REAL ESTATE MORT
GAGE FORECLOSURE SALE

WHEREAS. Default has been made by
the mortgagors in the condltlonS anu
covenants of that certain mortgage GUY
executed and delivered by JenS L. FRED
-ariksen and Sophia FrederikSen. also
known as Sophie Frederiksen: his wlIe'
mortgagors. to the State OF Mlnnesota:
october. 1924. and. with a power on
sale therein contained. duly hled Tor
record in the office Of the Register OF
Deeds in and for the County OF Pine an no
october, 1924. at one o'clock p. M; ana
duly recorded therein in Book "64' OF
Mortgages on page 1O2 thereo1;
AND WHEREAS. Said default consists
in the failure of said mortgagorS to pay
the semi annual installments OF amor
tized principal and interest,", ea nd
eighty EIGHT cents (S96.SS), Wnich pc
came due and payable on the 10Th DAY
of April. 1928. and the lotn DAY +S Oa
terms and conditions of said mortgage.
which default has continued to this
date;
AND WHEREAS. By reason of said
default, and pursuant to the terms and
conditions of said mortgage ana as
authorized by law. the Department OF
Rural Credit, on behalf of the state Oh
Minnesota the MORTGAGE and owner
and holder of said mortgage. has eNer-
scised and does hereby exercise its OPP
ton to declare. and hereby does declare
the whole of the loan secured by Said
mortgage to be due and payable 1orth-
with:
AND WHEREAS. There is, actually
due and claimed to be due and payaple
upon said mortgage. and the loan Sc
cured thereby, at the date of this notice.
by reason of said election, the sum OF
Two Thousand Nine Hundred sixty
three Dollars and ninety five cents
(S2963.95). unamortiZed principal. to-
.sether with interest thereon from the
10th day of October. 1928. at the rate
of five and one-fourth per centum per
annum, and One Hundred Ninety-three
Dollars and seventy-six cents tSls3.!6D
amortized principal and interest. with
interest on S96.SS thereof from April
10th. 1928. at seven per centum per
annum and interest on s96.SS thereon
from October 10th. 1928. at seven per
Three Thousand One Hundred Ninety
four Dollars and thirty-seven cents
(s31943O;
AND WHEREAS. BY reason of said
default the said power of sale con-
tanned in said mortgage has become
and is operative and no action or pro-
Ceeding having been instituted at law
or otherwise to recover the debt Sc
cured 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 statute in such case
made and provided. the said mortgage
will be foreclosed by a sale of the prem
Uses described in and covered by said
mortgage situate. lying and being in
the County of Pine and State of Minne-
sofa, to-wit:
The East Half of the Southeast Quar-
ter (Eb of SEA) of Section Twenty
one CID, Township Forty three (43)
North, of Range Nineteen Q9) West,
containing 80 acres. more or less, ac-
cording to the Government Survey
thereof.
with the hereditaments and appur-
tenances. which sale will be made by
the Sheriff of said Pine County. at the
front door of the Court House in the
Village of Pine City in said County and
state on the LIST day of February. 1879
at ten O'Clock in the forenoon of that
day. at public vendue to the highest
bidder for cash, to pay and satisfy the
debt then due on said mortgage. and
the taxes. if any. on said premises. and
the costs and expenses allowed by law.
subject to redemption at any time with
in one year from the date of sale. as
provided by law.
Dated December 10th, 1928.
STATE OF MINNESOTA. Mortgage,
By Department of Rural Credit.
OLE o. SAGENG. Chairman.
Attest: Fl. H. FLOWERS. Secretary.
department SeaD
q. A. YOUNGQUIST. Attorney General
LUDWIG GULLICKSON
Assistant Attorney General.
Attorneys for Mortgage.
61O Hamm Building.
st. Paul. Minnesota.
dec. 20-Jan. 24)