The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-05-05
(April 14-May 1917
NOTICE OF MORTGAGE FORE
CLOSURE SALE.


Default having been made in the
conditions of that certain mortgage
bearing date the 25th day of October,
1877 made, executed ana delivered by
Vaientln r. Eicnten and Thresa
Eichten, his wife, as NOR .gagors, to
Southern Minnesota JOINT stock Land
Bank of Redwood Falls, a body cor
porate of the City or hedwood Falls,
Redwood County, Minnesota, mort
gagee( now Southern Minnesota Joint
Stock Land Bank Of Minneapolis, OF
the City of Minneapolis, Hennepin
County, Minnesota and with a 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 28th day OF
October, 1922 at 100 o'clock P. M.
and duly recorded in Book 88 of Mort
cages on page 49," which said mort
gage secures one promisSory note Tor
Zen Thousand Dollars ($10,000.00) OF
even date Herewith, with principal
and interest payable on the amortlza-
ton plan in semi-annual installments
of Three Hundred Fifty Dollars $780,
O0) each, payable on the LIST day of
May and November in each year, and
that said default consists in the fail
ure of said mortgagors to pay bal
ance Of Two Hundred Fifty-fve and
34-100 Dollars ($255.34) due on the
semi-annual installment of principal
and interest payable May l, 1881 and
one semi-annual installment of prin-
cipal and interest of Three Hundred
Twenty-Five Dollars ($325.0O) which
became due November l, 1881 the in
terest rate having been heretofore re-
duced from six per cent per annum to
five and one half per cent per annum
with interest on each of said default.
ed installments, which said interest
amounts to Twenty-four and 66-lOt
Dollars ($24.66) at the date OF thus
notice, making total of installments
! and interest of Six Hundred Five Dol
lars ($605.O0), the amount due ane
! claimed to be due and payable OF
| said mortgage at the date OF TINS
notice, and whereas said mortgages
! under the provisions of Chapter 2oO
General Laws of Minnesota for 1925
has taken and deemed said defaultet
semi-annual installments as sepa
rate and independent mortgage; ant
whereas no action or proceeding ha'
been instituted at law or otherwise t.
recover the debt secured by san
mortgage or any part thereof;
NOW THEREFORE, NOTICE Il
HEREBY GIVEN: That by virtue O
the power of sale contained In san
mortgage and pursuant to the statut'
in such case made and provided, TIT
said mortgage will be foreclosed by
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
(1lO), Range Thirty-six 1867,
West of the Fifth Principal Meri-
dian, excepting the Railroad
Right of Way, containing l53.4O
acres, more or less, according to
/ Government Survey thereof, Red
wood County, Minnesota,
with the Entertainments and appur
tenances, which sale will be made b!
the Sheriff of said Redwood County
at the main front door of the Cour
! House, in the City of Redwood Falls
Redwood County, Minnesota on tn
31st day of May, 1882 at ten O'CLOCK
! in the forenoon of that day, at public
; vendue, to the highest bidder fol
cash, to pay said debt of Six Hundred
Five Dollars, ($605.00) and interes'
and taxes, if any, and disbursements
allowed by law, subject to the In
stallments of principal and interest,"
! yet to become due on the mortgage
and subject to redemption at any
time within one year from date OF
/! sale as provided by law.
! Dated April II, 1882.
SOUTHERN MINNESOTA JONI
! STOCK LAND BANK OF MINNIE
APOLIS formerly Southern Mime
sofa Joint Stock Land Bank of Red
wood Falls), Mortgage
J. M. Woodworth
Attorney for Mortgage
454 Mcknight Building
MINNEAPOLIS, Minnesota. 41-6ts
-E