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Mortgage Sale

Mortgage Sale image
Parent Issue
Day
15
Month
August
Year
1902
Copyright
Public Domain
OCR Text

Default having been made in the conditions of a certain mortgage made and executed by Louis C. McBride and Mary F. McBride, his wife, of the city of Detroit, Wayne county, Michigan, to William E. Beach, of Howell, Livingston county, Michigan, on the 28th day of June, A. D. 1899, which mortgage was recorded on the first day of July, 1899, in the office of the Register of Deeds for Washtenaw county, in Liber 84 of Mortgages, on page 81; which said mortgage was on the 28th day of June, A. D. 1899, duly assigned to Hosea Rogers of Rochester, Monroe county, New York, which assignment was duly recorded in the office of the Register of Deeds aforesaid on the 10th day of May, A. D. 1900, in Liber 13 of Mortgages, on page 410.

It being provided in said mortgage that should default be made in the payment of said principal or interest, or any part thereof , when the same are payable as provided in said mortgage, and should the same, or any part thereof, remain unpaid for the period of thirty days, then the principal sum with all arrearages of interest should at the option of said mortgagee, his legal representatives and assigns, become payable immediately thereafter, although the period limited for payment thereof should not then have expired; and default having been made in the semi-annual payment of Interest which by virtue of said mortgage became due on June 28, 1901, and also default having been make in the semi-annual payment of interest which by virtue of said mortgage became due on December 28, 1901, and more than thirty days having elapsed since said payments and each of them became due on the same, but neither of them nor any part of the same having been paid, the said assignee by virtue of the option given in said mortgage hereby declares the whole amount of moneys, both principal and interest, secured by said mortgage, to be due and payable immediately.

There is claimed to be due on said mortgage on this date the sum of two thousand five hundred and nine dollars and thirty-eight cents ($2,509.38), and no suit or proceeding having been instituted in law to collect the same, or any part thereof, notice is hereby given that on Saturday, the 13th day of September, A. D. 1902, at one o'clock in the afternoon of said day, at the south front door of the court house in the city of Ann Arbor, Washtenaw county, (that being the place of holding the circuit court tor the county in which the mortgaged premises are situated) the said mortgage will be foreclosed by sale at public vendue, to the highest bidder, of the premises contained in said mortgage, or so much thereof as may be necessary to satisfy the amount due on said mortgage, including costs and interests and an attorney fee of thirty-five dollars provided in said mortgage. Said premises being situated In the township of Lyndon, county of Washtenaw, and state of Michigan, described as follows, to-wit:

The northeast fractional quarter of section number five (5), and the northwest quarter of the northwest fractional quarter of section number four (4), all in Town one (1) south of range number three (3) east, Michigan.

The above premises being occupied and mortgaged as one parcel or tract.

Dated, June 18, A. D. 1902.

HOSEA ROGERS, Assignee.

SHIELDS & SHIELDS, Attorneys for Assignee, of Howell Mich.