The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-06-04
May 14-June 1S
NOTICE OF MORTGAGE FORE
CLOSURE SALE.

SLOoS ANG
NOTICE is HEREBY GIVEN
That default has been made in the
conditions of certain mortgage
bearing date the 25th day of April,
1921, executed by Salmer Cole and
Gina Cole, his wife, of the County of
Redwood, and State of Minnesota, as
mortgagors, to The Northwestern
Mutual Life Insurance Company, a
corporation organized and existing
under the laws of Wisconsin, and
having it's principal place of business
at Milwaukee, Wisconsin, as mort
gage, which mortgage was on the
9Th day of May, 1921, at three o'clock
P. NJ. filed for record in the office Of
the Register of Deeds of Redwood
ounty, Minnesota, and duly record
eu therein in Book ~ of Mortgages,
on page 1874, the time of payment of
which mortgage and the note secured
thereby having been for a valuable
consideration, and at the request of
the said mortgagors duly extended
by an instrument in writing bearing
date the 21st day of April, 1926, ex-
ecuted by the said mortgagors, and
filed for record in the office of the
said Register of Deeds of said Red
wood County, Minnesota, on the 28th
day of April, 1926, at ITO o'clock P.
NJ. and duly recorded therein in Book
81 of Mortgages, on page 542; that
said default consists in the failure
on the part of said mortgagors to
pay the semi-annual interest which
became due on and under said mort
gage on each of the following
dates, to-wit: October %, 1929,
and April 25, 1880; the failure
on the part of the said mortgagors
to pay the taxes on the mortgaged
premises for the years 1927 and 1928,
which taxes amounting with interest,
penalties and costs to the sum of
Two Hundred Fifty-four and $500
($254.85) Dollars, were paid by the
mortgage herein, on the 18th day of
November, 1929; that by reason of
said defaults the mortgage has
elected to declare the whole amount
secured by said mortgage to be i'm
mediately due and payable; that
there is claimed to be due, and there
is now actually due for principal and
interest on said mortgage, the sum
of Four Thousand, Two Hundred
Nine and 44-100 ($4,2O9.44) Dollars,
and for taxes paid by the mortgage
on November Is, 1929, the sum of
Two Hundred Fifty-four and $500
($254.85) Dollars, with interest
thereon at the rate of five per cent,
per annum to the date hereof, said
interest amounting to Six and 1900
($6.19) Dollars, making a total of
principal, interest, taxes, and inter-
est on taxes, of Four Thousand, Four
Hundred Seventy and 48-1OO ($4,-
470.4S) Dollars; that no action or
proceeding at law or in equity or
otherwise, has been instituted to re-
cover the debt secured by said mort
gage, or any part thereof; that by
virtue of the power of sale contained
In said mortgage, and of the statute
In such case made and provided, the
said mortgage will be forecbsed, and
the premises therein described situat-
ed in the County of Redwood, and
State of Minnesota, to-wit:
The South half Is 12) of the
Northwest Quarter On. W. a
of Section number Thirty-six
(36), in Township number One
Hundred Fourteen Q14) North,
of Range number Thirty-seven
go, West
will be sold by the sheriff of said
Redwood County, Minnesota, at pub
lie auction to the highest bidder for
cash, on Saturday, the 18th day of
June, 1880, at the hour of eleven
O'Clock A. NJ. at the front door of the
Redwood County Court House, in the
City of Redwood Falls, in said County
and State, to satisfy the amount
which shall then be due on said mort
gage, together with any additional
taxes that may then have been paid
by the mortgage, with interest
thereon from date of payment, and
an attorneys fee of Seventy-five
tSIo.OO) Dollars, as provided in said
mortgage, and the disbursements al
lowed by law.
Dated this 18th day of May, 1880.
THE NORTHWESTERN NUT
UAL LIFE INSURANCE COM
PANY, Mortgage,
By P. R. Sanborn, Vice President.
John P. Kyle, Attorney for Mort
gage, 61S Guardian Building, ST.
Paul, Minnesota. 45-6ts.
Hc,1- t,,,o =. Al