Sections

Weather Forecast

Close
Advertisement

1048294 Foreclosure - Schmidt

Email Sign up for Breaking News Alerts
Alexandria, 56308
Alexandria Minnesota 225 7th Ave E
P.O. Box 549
56308

Foreclosure Sale

Publish March 10, 17, 24, 31, April 7, 14, 2010

NOTICE OF MORTGAGE

FORECLOSURE SALE

THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.

Advertisement
Advertisement

NOTICE IS HEREBY GIVEN: That default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: August 3, 2007

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $172,000.00

MORTGAGOR(S): Ali J. Schmidt, a single person

MORTGAGEE: Wells Fargo Bank, N.A.

DATE AND PLACE OF FILING: Filed August 3, 2007, Douglas County Recorder; Document No. A297759

ASSIGNMENTS OF MORTGAGE: Assigned to: None

LEGAL DESCRIPTION OF PROPERTY:

That part of Government Lot 3, Section 24, Township 128 North, Range 38 West, Douglas County, Minnesota, described as follows: Commencing at the Southeast corner of Lot 4, Block Two "WILD WEST," according to the recorded plat thereof on file and of record in the office of the Douglas County Recorder, thence South 01 degrees 02 minutes 25 seconds West, along the Southerly extension of the east line of said "WILD WEST," 290.0 feet to the point of beginning of the land to be described; thence South 89 degrees 56 minutes 34 seconds West, parallel with the east-west quarter line of Section 24, a distance of 75.0 feet; thence South 01 degrees 02 minutes 25 seconds West 200.0 feet to said east-west quarter line of said Section 24; thence North 89 degrees 56 minutes 34 seconds East, along said east-west quarter line 413.32 feet to the east line of said Government Lot 3; thence Northerly, along said east line, 200.0 feet more or less to a line bearing North 89 degrees 56 minutes 34 seconds East from the aforesaid point of beginning; thence South 89 degrees 56 minutes 34 seconds West, along said line 338.30 feet more or less to the point of beginning

STREET ADDRESS OF PROPERTY:

1004 Prairie Lane Southwest, Alexandria, MN 56308

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $182,174.20

THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;

PURSUANT, to the power of sale contained in said mortgage, the above described property will be sold by the Sheriff of said county as follows:

DATE AND TIME OF SALE: June 11, 2010 at 10:00 a.m.

PLACE OF SALE: Douglas County Sheriff's office, 216 Seventh Avenue West, Alexandria, Minnesota

to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.

Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on December 13, 2010.

"THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR'S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES SECTION 582.032 DETERMINING, AMONG OTHER THINGS, THAT THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED."

Dated: March 8, 2010

WELLS FARGO BANK, N.A.

Mortgagee

REITER & SCHILLER, P.A.

By: /s/

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Leah K. Weaver, Esq.

Brian F. Kidwell, Esq.

Attorneys for Mortgagee

25 North Dale Street

St. Paul, MN 55102-2227

(651) 209-9760

(Y9853)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

1048294

Advertisement
Advertisement
Advertisement