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

E REDWOOD GAZETTE. RED
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 LIST day Of Septem-
Der, 1922, made, executed and de-
livered by Katherine Praxel and A..
]. Praxel, her husband, as mortgag-
ors, to Southern Minnesota Joint
Stock Land Bank of Redwood Falls,
a body corporate of the City of Red
wood Falls, Redwood County, Mime
sofa, mortgage, (now Southern Min
nesota Joint Stock Land Bank of Min
neapolis, of the City of Minneapolis,
Hennepin County, Minnesota), and
with power of sale therein con-
tanned and duly filed for record in the
office of the Register of Deeds in and
for Redwood County, Minnesota, on
the 9th day of September, 1922 at
1855 o'clock, P. M. and duly recorded
in Book 76 of Mortgages on Page 4lO,
which said mortgage secures one
promissory note for Six Thousand
Dollars ($6,OOO) of even date there
with, with principal and interest pay
able on the amortization plan in semi
annual installments of Two Hundred
Ten Dollars ($21O) each, payable on
the LIST day of March and September
in each year, and that said default
consists in the failure of said mort
gagors to pay two semi-annual in
stallments of principal and interest
of Two Hundred Ten Dollars ($21O)
each, which became due on Septem-
Der LIST, 1923 and March LIST, 1929,
respectively, with interest on said
defaulted installments, which said in
terest amounts to Eleven and 2O-1OO
Dollars ($11.20) at the date of this
notice, and in the failure to pay the
1927 taxes, which taxes, amounting
with interest, penalty and costs to
Seventy Three and 5O-1O0 Dollars
($73.5O) were paid by the mortgage
herein on the 7th day of March, 1929,
which amount is due this mortgage
with interest to date hereof amount
ing to Thirty Seven Cents (37c),
making a total of installments, in
terest and taxes, and interest on
taxes, of Five Hundred Five and z
100 Dollars ($5O5.O7), the amount due
and claimed to be due and payable
on said mortgage at the date OF this
notice; and whereas said mortgage,
under the provisions of Chapter $50,
General Laws of Minnesota for 1925,
has taken and deemed said defaulted
semi-annual installments as sep
arate and independent mortgage;
and whereas no action or proceeding
has been instituted at law or other
wise to recover the debt secured 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 mortgaged premises
described in and conveyed by said
mortgage, viz:
The South Half (Sk) of
Southeast Quarter (SEA) of
Section Eight (s), Township One
Hundred Nine (109), Range Thir-
ty-seven (37), South Half (Sk)
of Southwest Quarter (SWA)
of Section Eight (s), Township
One Hundred Nine (109), Range
Thirty-seven $50, containing
100 acres, more or less, according
to the Government Survey there
of, in Redwood County, Mime
sofa, with the Entertainments and
appurtenances, which sale will be
made by the Sheriff of said Redwood
County, at the main front door OF
the Court House, in the City of Red
wood Falls, Redwood County, Min
nesota, on the 18th day of May, 1929,
at ten o'clock in the forenoon of that
day, at public vendue, to the highest
bidder for cash, to pay said debt OF
Five Hundred Five and 07-1O0 Dol
lars ($5O5.O7) and interest and taxes,
if any, and Fifty Dollars ($50) at
torney's fee and disbursements allow
ed by law, subject to the installments
of principal and interest yet to be-
come due on the mortgage and sub
ject to redemption at any time with
in 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) Nor
gage.
J. M. Woodwork, Attorney for
Mortgage, 1928 Mcknight Build
ing, Minneapolis, Minnesota.
39-6ts.