The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-02-04
(Jan. 7-Feb. III
NOTICE OF MORTGAGE FORE
CLOSURE SALE.

(Jan. 7-Feb. III
NOTICE OF MORTGAGE FORE
CLOSURE SALE
Default having been made in the
conditions of that certain mortgage
bearing date the 1st day of Novem-
Der, 1922 made, executed and deliver
ed by l. Oscar Exstrom and Mary C.
Exstrom, 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 Minneapo-
lis, of the City of Minneapolis, Hem
nepin 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 Red
wood County, Minnesota on the 23rd
day of November, 1922 at 2:10 o'clock
P. M. and duly recorded in Book "88"
of Mortgages on page IL, which said
mortgage secures one promissory
note for Twenty-Five Thousand Dol
lars ($22,000.00) of even date there
with, with principal and interest pay
able on the amortization plan in semi
annual installments of Seven Hun
dred Seventy Dollars ($770.00) each,
payable on the LIST day of May and
November in each year, and that said
default consists in the failure of said
mortgagors to pay balance of Six
Hundred Seventy Dollars ($67O.OO)
due on the semi-annual installment
of principal and interest payable May
L, 1881 and one semi-annual install
ment of principal and interest of Sew
en- Hundred Seventy Dollars ($77O-
.O0) which became due November 1.
1881, with interest on each of said
defaulted installments, which said in
terest amounts to Forty-eight and
| 24-1OO Dollars ($4S.24) at the date
of this notice, making total of in
stallments and interest of One
Thousand Four Hundred Lightweight
! and 24-100 Dollars Isl ,488.24), the
amount due and claimed to be due
! and payable on said mortgage at the
date of this notice, and whereas said
mortgage, under the provisions OF
Chapter 28O, General Laws of Mime
sofa for 1925, has taken and deemed
i said defaulted semi-annual install
ments as separate 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
described in and conveyed by said
mortgage, viz:
The Northeast Quarter (NEA)
and the Southeast Quarter OF
the Southwest Quarter (SEA
SWA) and Government Lots l,
81 and a of Section Seven (7),
according to the Government
Survey thereof, also Lots 6. z, 8,
10, Is and 16, Section Seven 60,
and Lot Thirteen (13) in Section
Six (6), according to recorded plat
of Swan and Goose Lakes, all in
Township One Hundred Twelve
(112), Range Thirty-nine (39),
West of the 9Th Principal Meri-
dian, containing 462 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,
Redwood County, Minnesota, on the
23rd day of February, 1882 at ten
o'clock in the forenoon of that day
at public vendue, to the highest bid
| der for cash, to pay said debt of One
Thousand Four Hundred Eighty-eight
and 24-10O Dollars ($1,4S8.24) and
interest and taxes, if any, and dis
bursements allowed by law, subject to
the installments of principal and in
terest yet to become due on the mort
gage and subject to redemption at
| any time within one year from the
date of sale as provided by law.
! Dated December 80, 1881.
SOUTHERN MINNESOTA JOINT
STOCK LAND BANK OF MINNIE
| APOLIS formerly Southern Min
nesota Joint Stock Land Bank OF
Redwood Falls), Mortgage.
j. M. Woodwork
Attorney for Mortgage
454 Mcknight Building
Minneapolis, Minnesota. 27-6ts
|