The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1931-02-26
Jan. 29-Mar. 5
NOTICE OF MORTGAGE FORE.
CLOSURE SALE.


Default having been made in the
conditions of that certain mortgage
bearing date the LIST day of March,
1922, made, executed and delivered
by Joel A. Metcalf, a Widower, as
mortgagor, to Southern Minnesota
Joint Stock Land Bank of Redwood
Falls, body corporate of the city of
Redwood Falls, Redwood County,
Minnesota, mortgage, (now South
ern Minnesota Joint Stock Land Bank
of Minneapolis, of the City of Mime
apolis, 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 7th day Of March, 1922 at 3:O5
o'clock P. M. and duly recorded in
Book 76 of Mortgages on Page 319,
which said mortgage secures one pro-
missory note for Ten Thousand and
no-1OO ($1O,OOO.O0) Dollars of even
date Herewith, with principal and in
terest payable on the amortization
plan in semi-annual installments of
Three Hundred Fifty and no-1OO
($350.O0) Dollars each, payable on
the LIST day of March and September
in each year, and that said default
consists in the failure of said mort
gagor to pay a balance of Two Hun
dred Seventy-two and 25-100 ($272.-
.25) Dollars due on the semi-annual
installment of principal and interest
payable on September 1, 1929 and two
semi-annual installments of principal
and interest of Three Hundred Fifty
and no-1OO ($35O.OO) Dollars each
which became due March 1, 1880 and
September 1, 1880, with interest on
said defaulted installments, which
said interest amounts to Seventy and
22-100 ($70.22) Dollars at the date OF
this notice, and in the failure to pay
the last half of the 1929 taxes, which
taxes, amounting with interest, pen
alties and costs to Ninety-one and
54-1OO ($91.E4) Dollars were paid by
the mortgage herein on the 9Th day
of January, 1881, which amount is
due the mortgage herein with inter
est to date hereof, which said interest
amounts to Thirty Cents 6 800
making a total of installments and
interest and taxes and interest on
taxes of Eleven Hundred Thirty-fou1
and 31-1OO ($1,134.31) Dollars, the
amount due and claimed to be due and
payable on said mortgage at the date
of this notice, and whereas said mort
gagee, under the provisions of Chap
ter 28O, General Laws of Minnesota
for 1925 has taken and deemed said
defaulted semi-annual installments as
separate and Independent mort
gage; and whereas no action or pro-
ceeding has been instituted at law OF
otherwise to recover the debt secured
by said mortgage or any part there
of;
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 des-
cribed in and conveyed by said mort
gage, viz:
The East one-haf of Northeast
Quarter (Eh NEA) of Section
Thirty-one (31); the West one
half of Northwest Quarter (Wk
NWH) of Section Thirty-two
1927, Township One Hundred
Twelve Oily, Range Thirty-six
(36), containing 100 acres, more
or less according to Govern
ment Survey thereof, in Redwood
County, Minnesota,
with the Entertainments and appurten-
ances, 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 Redwood Falls,
Redwood County, Minnesota, on the
10th day of March, 1881 at ten o'clock
in the forenoon of that day at public
vendue to the highest bidder for cash
to pay said debt Of Eleven Hundred
Thirty-four and 31-100 ($1134.31)
Dollars and interest and taxes, if any,
and Seventy-five and no-100 ($75.0O)
Dollars attorneys fees and disburse-
ments allowed by law, subject to the
installments of principal and interest
yet to become due on the mortgage
and subject to redemption at any time
within one year from the date of sale
as provided by law.
Dated January 20, 1881.
SOUTHERN MINNESOTA JOINT
STOCK LAND BANK OF MINNIE
APOLIS formerly Southern Min
nesota Joint Stock Land Bank of
Redwood Falls), Mortgage.