The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-02-11

(Feb. 4-March 10)
NOTICE OF MORTGAGE FORE
CLOSURE SALE
Whereas, default has been made in
the conditions of that certain mort
gage made, executed and delivered by
Archibald McDougan, also known as
Archie, and Elizabeth McDougall, ms
wife, as mortgagors, to Southern
Minnesota Joint Stock Land Bank OF
Redwood Falls, body corporate, Of
the City of Redwood Falls, Redwood
County, Minnesota, mortgages, (now
Southern Minnesota Joint Stock Land
Bank of Minneapolis, of the City Of
Minneapolis, Hennepin County, Mime
sota), bearing date the LIST day of No
vember, 1922 and with power of sale
therein contained and duly filed for
record in the office of the Register OF
Deeds in and for Redwood County,
Minnesota on the 10th day of Novem-
Der, 1922 at $40 o'clock A. M. and
duly recorded in Book "88" of Mort
cages on page ID, which said default
consists in the failure of said mort
gagors to pay one semi-annual in
stallment of principal and interest OF
Three Hundred Fifty-seven and
5O-10O Dollars ($357.50) which be-
came due November /, 1881, the inter-
est rate having been heretofore re-
| duced from six per cent per annum
to five and one half per cent per an
mum, with interest on said defaulted
installment, which said interest
amounts to Six and 66-100 Dollars
! ($6.66) at the date of this notice,
making total of installment and in
! terest of Three Hundred Sixty-four
and 16-10O Dollars ($364.16). And
whereas no action or proceeding has
been instituted at law or otherwise to
recover the debt secured by said mort
gage or any part thereof and whereas
said Southern Minnesota Joint Stock
Land Bank of Minneapolis 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 principal sum of
said mortgage remaining unpaid on
| the LIST day of November, 1881 of
Nine Thousand Seven Hundred Forty
and $1,000 Dollars ($9,740.85) with
interest thereon from said date to the
date of this notice amounting to One
Hundred Twenty-Five Dollars ($125-
.0O) due and payable in addition to
| the above sum of Three Hundred Six
ty-four and 16-1OO Dollars ($364.16),
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 Ten Thousand Two Hundred Thir-
| ty and 1-10O Dollars ($10,230.01) 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:
The Northeast Quarter (NEA)
of Section Twenty-seven (27),
Township One Hundred Eleven
Gid, Range Thirty-seven (37).
containing 16O acres, more or
less, according to Government
Survey thereof, 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,
in said Redwood County, Minnesota,
on the 21st day of March, 1882 at
eleven o'clock in the forenoon of that
day, at public vendue, to the highest
bidder for cash, to pay said debt OF
Ten Thousand Two Hundred Thirty
and LOO Dollars ($10,230.01) and
interest and taxes, if any, on said
premises and disbursements allowed
by law, subject to redemption at any
time within one year from the date
of sale as provided by law.
Dated January 25, 1892.
SOUTHERN MINNESOTA JOINT
STOCK LAND BANK OF MINNIE
APOLIS formerly Southern Mime
sofa Joint Stock Land Bank of Red
wood Falls), Mortgage.
J. M. Woodwork
Attorney for Mortgage
454 Mcknight Building
Minneapolis, Minnesota. 31-6ts.
LAMBERTON RESIDENT DIES