The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1931-08-13
(Aug. 13-Sept. I'D
NOTICE OF MORTGAGE FORE.
CLOSURE SALE.


CLOSURE SALE.
Whereas, default has been made in
the conditions of that certain mort
gage made, executed and delivered
by John Kragh and Laura Kragh, his
wife, as mortgagors, to Southern
Minnesota Joint Stock Land Bank of
Redwood Falls, a body corporate, OF
the City of Redwood Falls, Redwood
County, Minnesota, mortgage, (now
Southern Minnesota Joint Stock Land
Bank of Minneapolis, of the City OF
Minneapolis, Hennepin County, Min
nesota), bearing date the LIST day OF
March, 1928 and with power OF
sale therein contained and duly filed
for record in the office of the Regist-
er of Deeds in and for Redwood
County, Minnesota, on the 9Th day of
March, 1928 at 1000 o'clock A. M.
and duly recorded in Book "88" of
Mortgages on page 46, which said de-
fault consists in the failure of said
mortgagors to pay one semi-annual
installment Of principal and interest
of Two Hundred FOrty-Five and no.
100 ($245.OO) Dollars which became
due March l, 1881, with interest on
said defaulted installment, which said
interest amounts to Eight and 69-1OO
(S8.69) Dollars at the date of this
notice, and in the failure to pay the
1929 taxes and the first half of the
1880 taxes, which taxes, amounting
with interest, penalties and costs to
Seven Hundred Six and 03-1OO
(S7O6O3) Dollars were paid by the
mortgage herein on the 3rd day OF
August, 1881, which amount is due
the mortgage herein with interest
to date hereof, which said interest
amounts to One and 17-100 ($1.1O
Dollars, and in the failure to keep the
buildings on said premises insured
and that on August 3, 1881, said
mortgage paid an insurance pre-
MUM of Fourteen and 4O-100 ($14-
400 Dollars which amount is due
this mortgage, making total of in
stallment and interest and taxes and
interest on taxes and insurance pre-
MUM of Nine Hundred Seventytive
and 29-100 ($975.29) Dollars. And
whereas no action or proceeding has
been instituted at law or otherwise to
recover the debt secured by said
mortgage or any part thereof and
whereas said Southern Minnesota
Joint Stock Land Bank Of Minneapo-
lis formerly Southern Minnesota
Joint Stock Land Bank of Redwood
Falls, the owner and holder of said
mortgage, has duly elected and does
hereby elect to declare the whole prin-
cipal sum of said mortgage remain
ing unpaid on the 1st day of March,
1881 of Six Thousand Two Hundred
Ninety-four and $4,000 (S6,294.50)
Dollars with interest thereon from
said date to the date of this notice
amounting to One Hundred Sixty
six and S2-100 ($l66.62) Dollars, due
and payable in addition to the above
sum of Nine Hundred Seventy-ive
and 29-100 ($975.29) Dollars, all I'M
der the terms and conditions of said
mortgage and the power of sale
therein contained; and whereas there
is actually due and claimed to be due
and payable at the date of this notice
upon the aforesaid mortgage, the
sum of Seven Thousand Four Hun
dred Thirty-six and 61-100 ($7, 436.61)
Dollars and the power of sale therein
contained has become operative.
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:
All of the Northwest Quarter
(NWA), of Section Twenty
three (23), Township One Hun
dred Eleven (11D, Range Thirty
seven go, except the railroad
right of way and excepting
tract containing approximately
twenty-five and 75-1O0 (25.75)
dS1SS, lying SOuIu IiIC liSHt VI
way of the Sleepy Eye Marshall
branch of the Chicago and North
western Railway, the remainder
of said Quarter section, being the
land covered by this mortgage,
containing 121.79 acres, more or
less, according to Government
Survey thereof, Redwood County,
Minnesota,
with the hereditaments 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.
in said Redwood County, Minnesota
on the 28th day of September, 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
Seven Thousand Four Hundred Thir-
ty-six and 61-100 ($7,436.6I Dollars
and interest and taxes, if any, on