The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-06-09
(June 2-July y
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
Valentin P. Eichten and Thresa
Eichten, his wife, as mortgagors, to
Southern Minnesota Joint Stock Land
Bank of Redwood Falls, a body COR
porate, of the City of Redwood Falls,
Redwood County, Minnesota, mort
gagee (now Southern Minnesota Joint
Stock Land Bank of Minneapolis, Of
the City of Minneapolis, Hennepin
County, Minnesota), bearing the date
the 18th day of October, 1922 and
with a power of sale therein contain
ed and duly filed for record in the Of
fee of the Register of Deeds in and
for Redwood County, Minnesota on
the 18th day of October, 1922 at
100 o'clock P. M. and duly recorded
in Book S8 of Mortgages on page SO"
which said default consists in the
failure of said mortgagors to pay a
balance of Two Hundred Fifty-fve
and 34-1O0 Dollars ($255.34) due on
the semi-annual installment of prin-
cipal and interest payable May l.,
1881 and two semi-annual INSTALL
ments of principal and interest of
Three Hundred twenty-five Dollars
1925. 0O) each which became due No
vember 1, 1881 and May 1, 1882, re-
| spectively, the interest 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 interest amounts to Thir-
ty-one and 27-1OO Dollars ($31.27) at
the date of this notice, making total
of installments and interest of Nine
Hundred Thirty-six and 61-100 Dol
| lars ($936.6D. And whereas no &C
ton or proceeding has been institut-
ed at law or otherwise to recover the
debt secured by said mortgage or any
[ part thereof and whereas the under
signed, the holder of said mortgage,
has duly elected and does hereby
elect to declare the whole principal
sum of said mortgage remaining I'M
paid on the LIST day Of May, 1882 OF
Eight Thousand Seven Hundred Sew
enty-three and 84-100 Dollars $751;
773.84) with interest thereon from
said date to the date Of this
notice amounting to Fifty-Three
and 62-10O Dollars ($53.62) due
and payable in addition to the
above sum of Nine Hundred Thir-
ty-six and 61-1OO Dollars ($936.61)
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 Nine Thousand Seven Hundred Six
ty-four and 07-1OO Dollars $50, 764.O7)
and the power of sale therein con-
tanned 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 Southwest Quarter (SWA)
of Section Twenty-Five (29),
Township One Hundred Ten
(110), Range Thirty-six 1867,
West of the Fifth Principal
Meridian, excepting the Railroad
Right of Way, containing 153.4O
acres, more or less, according to
Government Survey thereof, Red
wood 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
18th day of July, 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 Nine Thous-
and Seven Hundred Sixty-four and
O7-100 Dollars ($9, 764.07) and inter-
est 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 May 81, 1882.
ROY~A. NELSON, RECEIVER OF
SOUTHERN MINNESOTA JOINT
STOCK LAND BANK OF MINNEA-
POLLS, Holder of said Mortgage.
j. M. Woodwork
Attorney for Holder of said Mort
gage
454 Mcknight Building
Minneapolis, Minnesota. 48-6ts.
Depression is nothing but an en-
barrassing moment allowed to over