The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-02-04
(Feb. 4-March 10)
NOTICE OF MORTGAGE FORE
CLOSURE SALE.


NOTICE OF MORTGAGE FORE
CLOSURE SALE.
Whereas, default he's been made IN
the conditions of that certain mort
gage made, executed and delivered
by Swan F. Peterson and Sadey Pet
erson, his wife, as mortgagors, TO
Southern 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 Minneapolis, OF
the City of Minneapolis, Hennepin
County, Minnesota), bearing date the
LIST day of November, 1922 and with
power of sale therein contained and
duly filed for record in the office OF
the Register of Deeds in and Tor
Redwood County, Minnesota on the
9th day of November, 1922 at 3.O5
o'clock P. M. and duly recorded IN
Book 88 of Mortgages on page ~
which said default consists in the
failure of said mortgagors to pay
balance of Nine Hundred Fifty Dol
lars ($950.00) due on the semi-annual
installment of principal and interest
payable November 1, 1880 and two
semi-annual installments of principal
and interest of Twelve Hundred
Twenty-Five Dollars ($1,225.00) each
which became due May l, 1881 and
November 1, 1881, respectively, with
interest on each of said defaulted IN
stallments, which said interest
amounts to Two Hundred Fifteen and
64-1OO Dollars ($215.64) at the date
of this notice, and in the failure to
pay the 1925, 1926, 1927 and 1928
taxes, which taxes, amounting with
interest, penalties and costs to Two
Thousand Four Hundred Forty-seven
and 94-100 Dollars ($2,447.94) were
paid by the mortgage herein on the
18th day of August, 1880, which
amount is due the mortgage herein
with interest to date hereof, which
said interest amounts to Two Hun
bred Seventy-seven and 44-1OO Dol
lars ($277.44), making total OF IN
stallments and interest and taxes
and interest on taxes of Six Thousand
Three Hundred Forty-one and 2-lOO
Dollars ($6,341O2). And whereas no
action or proceeding has been lnstl-
tuted 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 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 1st day of November, 1881 OF
Thirty Thousand Nine Hundred Two
and 47-1OO Dollars $3.50, 902.47) with
interest thereon from said date to the
date of this notice amounting TO
Four Hundred Thirty-two and 62-lOO
Dollars ($432.62) due and payable
in addition to the above sum OF Six
Thousand Three Hundred Forty-one
and 2-1OO Dollars ($6,341.02), all .un-
der the terms and conditions of said
mortgage and the power of sale there
in contained; and whereas there is act
ually due and claimed to be due and
payable at the date of this notice
upon the aforesaid mortgage the
sum of Thirty-seven Thousand Six
Hundred Seventy-six and 11-1OO Dol
lars $37,676.11) 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 Southwest Quarter (SWA)
of Section Thirty 500 and the
North Half (Nk) Of Section
Thirty-one (31), Township One
Hundred Thirteen (113), Range
Thirty-seven (37, containing
481.37 acres, more or less, ac-
cording to Government Survey
thereof, Redwood County, Mime
sofa,
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 bid
der for cash, to pay said debt OF
Thirty-seven Thousand Six Hundred
Seventy-six and 11-100 Dollars
1887, 676.11) and interest and taxes,
if any, on said premises and disburse-
ments allowed by law, subject to re-
demption at any time within one
year from the date of sale as provld-
ad hv law