The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-21

(April 14-May 1917
NOTICE OF MORTGAGE FORE
CLOSURE SALE.
Default having been made in the
conditions of that certain mortgage
bearing date the 18th day of October,
1922 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, 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) 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 18th day OF
October, 1922 at 100 o'clock P. M.
and duly recorded in Book SO of Mort
cages on page 49," which said mort
gage secures one promissory note Tor
Ten Thousand Dollars ($10, 00O.00) OF
even date Herewith, with principal
and interest payable on the amortiza-
ton plan in semi-annual instailments
of Three Hundred Fifty Dollars $780,
OO) each, payable on the LIST day OF
May and November in each year, and
that said default consists in the fall
ure of said mortgagors to pay a bal
ance of Two Hundred Fifty-five and
34-1OO 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 ($325.00) which
became due November 1, 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-lOO
Dollars ($24.66) at the date of this
notice, making total of installments
and interest of Six Hundred Five Dol
lars ($605.00), the amount due and
claimed to be due and payable on
said mortgage at the date OF TINS
notice, and whereas said mortgage
under the provisions of Chapter 2oO,
General Laws of Minnesota for 1928,
has taken and deemed said defaulted
semi-annual installments as a sepa--
rate and independent mortgage; and
whereas no action or proceeding has
been instituted at law or otherwise to
recover the debt secured by SAID
mortgage or any part thereof;
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 l29),
Township One Hundred Ten
(11O), Range Thirty-six (36),
West of the Fifth Principal Merl-
dian, excepting the Railroad
Right of Way, containing 153.40
| acres, more or less, according to
Government Survey thereof, Red
wood County, Minnesota,
with the hereditaments 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,
| Redwood County, Minnesota on the
31st day of May, 1882 at ten O'Clock
in the forenoon of that day, at pubic
vendue, to the highest bidder for
cash, to pay said debt of Six Hundred
Five Dollars, ($6o5.00) and interest
and taxes, if any, and disbursements
allowed by law, subject to the IN
stallments of principal and interest
vet 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 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. 4l-6ts
(Apr;1 71A-C1l