The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-11-24
(Oct. 2O-Nov. 24)
NOTICE OF MORTGAGE FORE
CLOSURE SALE.


NOTICE OF MORTGAGE FORE
CLOSURE SALE.
Whereas, default has been made In
the conditions of that certain mort
gage made, executed and delivered
by Michael Kramer and Julia Kram-
er, his wife, as mortgagors, to South
ern Minnesota Joint Stock Land
Bank of Redwood Falls, body cor
porate, of the City of Redwood Falls,
Redwood County, Minnesota, mort
gage (now Southern Minnesota
Joint Stock Land Bank of Minneapo-
lis, of the City of Minneapolis, Hen
nepin County, Minnesota), bearing
date the 1st day of April, 1922 and
with a power of sale therein contain
ed and duly filed for record in the
office of the Register of Deeds in and
for Redwood County, Minnesota on
the 3rd day of April, 1922 at Ills
o'clock P. NJ. and duly recorded IN
Book "76" of Mortgages on page
"348," which said default consists IN
the failure of said mortgagors to pay
two semi-annual installments OF prln-
cipal and interest of One Hundred
Ninety-five Dollars ($195.OO) each
which became due April l, 1882 and
October 1, 1882, respectively, the in
terest rate having been heretofore
reduced from six per cent per annum
to five and one half per cent per
annum, with interest on each of SAID
defaulted installments, which said in
terest amounts to Nine and 1OI1OO
Dollars ($9.1O) at the date of this
notice, and in the failure to keep the
buildings on said premises insured
and that on October 10, 1882, the
holder of the mortgage herein paid
an insurance premium of Eight and
5OI1OO Dollars ($8.50) which amount
is due the holder of the mortgage
herein, making a total of installments
and interest and insurance premium
of Four Hundred Seven and 6OI10O
Dollars ($407.60). And whereas no
action or proceeding has been insti-
tuted at law or otherwise to recover
the debt secured by said mortgage or
any part thereof and whereas the
undersigned, as holder of said mort
gage, has duly elected and does here
by elect to declare the whole princi-
pal sum of said mortgage remaining
unpaid on the 1st day Of October,
1892 of Five Thousand One Hundred
Sixty-twe and 47I1O0 Dollars ($5,-
162.47) with interest thereon from
said date to the date of this notice
amounting to Eleven and O4I1OO Dol
lars ($11.O4) due and payable in
addition to the above sum of Four
Hundred Seven and 60i100 Dollars
($4O7.60) all under 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 Five Thousand
Five Hundred Eighty-one and 11I1O0
Dollars ($5,5S1.11) 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
described in and conveyed by said
mortgage, viz:
The East One-half of the North
east Quarter (E1s NEA) of Sec
ton Thirteen (13), Township
One Hundred Twelve (112),
Range Thirty-eight 1857, con-
tanning 80 acres, more or less,
according to Government survey
thereof, Redwood County, Min
nesota,
with the Entertainments and appur-
tenances, 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 9Th day of December, 1882 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 Thousand Five Hundred Eighty
one and 11i100 Dollars ($5,5S1.11)
and interest and taxes, if any, on
said premises and disbursements al
lowed by law, subject to redemption
at any time within one year from the
date of sale as provided by law.
Dated October Is, 1882.
ROY A. NELSON, AS RECEIVER
OF SOUTHERN MINI OF A
JOINT STOCK LAND BANK OF
MINNEAPOLIS,
Holder of said Mortgage.
]. N. Woodwork
Attorney for Holder Of said Mort
gage
l6l Mcknight Building