Sections

Weather Forecast

Close

1152736 Foreclosure Sale - Nelson

Foreclosure Sale

Publish September 22, 29, October 6,

13, 20, 27, 2010

NOTICE OF MORTGAGE

FORECLOSURE SALE

Date: September 17, 2010

YOU ARE NOTIFIED THAT:

1. Default has occurred in the con-

ditions of the Mortgage dated Febru-

ary 15, 2007, executed by Brenda L.

Nelson, an unmarried person, as Mort-

gagor, to Wells Fargo Bank, National

Association, as Mortgagee, and filed

for record March 8, 2007, as Docu-

ment No. A292791, in the office of the

County Recorder of Douglas County,

Minnesota. The land described in the

Mortgage is not registered land.

2. The original principal amount

secured by the Mortgage was

$30,000.00.

3. No action or proceeding at law

is now pending to recover the debt se-

cured by the Mortgage, or any part

thereof.

4. No mortgagor has been re-

leased from financial obligation on the

mortgage.

5. The holder of the Mortgage has

complied with all conditions precedent

to acceleration of the debt secured by

the Mortgage and foreclosure of the

Mortgage, and all notice and other re-

quirements of applicable statutes.

6. At the date of this notice the

amount due on the Mortgage, and tax-

es, if any, paid by the holder of the

Mortgage is $32,639.01.

7. Pursuant to the power of sale in

the Mortgage, the Mortgage will be

foreclosed, and the land described as

follows:

Legal Description: All of Lot 12

and the E 1/2 of Lot 11, Block 2,

Easton's Addition of the City of

Osakis

will be sold by the Sheriff of Doug-

las County, Minnesota, at public auc-

tion on November 4, 2010 at 10:00

a.m. at the office of the Douglas

County Sheriff, 216 Seventh Avenue

West, Alexandria, Minnesota.

8. The mortgagor must vacate the

property on or before 11:59 p.m. May

4, 2011, if the mortgage is not reinstat-

ed under Minn. Stat. Sec. 580.30, the

property is not redeemed under Minn.

Stat. Sec. 580.23, or the redemption

period is not reduced under section

582.032.

9. The time allowed by law for re-

demption by Mortgagor or Mortgagor's

personal representatives or assigns is

6 months after the date of sale.

10. 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 OR-

DER IS ENTERED UNDER MINNE-

SOTA STATUTES, SECTION

582.032, DETERMINING, AMONG

OTHER THINGS, THAT THE MORT-

GAGED PREMISES ARE IMPROVED

WITH A RESIDENTIAL DWELLING

OF LESS THAN FIVE UNITS, ARE

NOT PROPERTY USED IN AGRI-

CULTURAL PRODUCTION, AND

ARE ABANDONED.

11. THE RIGHT TO VERIFICA-

TION OF THE DEBT AND IDENTITY

OF THE ORIGINAL CREDITOR

WITHIN THE TIME PROVIDED BY

LAW IS NOT AFFECTED BY THIS

ACTION. THIS IS AN ATTEMPT TO

COLLECT A DEBT. ANY INFORMA-

TION OBTAINED WILL BE USED

FOR THAT PURPOSE.

12. THE MORTGAGEE DOES

NOT INTEND A MERGER OF TITLE

WITH ANY OTHER INTEREST IT

HOLDS.

Foreclosure Data required by

Minn. Stat. Sec. 580.025

1. Property Address: 305 West

Main Street, Osakis, Minnesota 56360

2. Transaction Agent: Not Appli-

cable

3. Name of Mortgage Originator

(Lender): Wells Fargo Bank, N.A.

4. Residential Servicer: Wells

Fargo Bank, N.A.

5. Tax Parcel Identification

Number: 93-0521-000

6. Transaction Agent's Mort-

gage ID Number: Not Applicable

Wells Fargo Bank,

National Association

Attorneys for Mortgagee

Spencer J. Seamans

STEPHENSON, SANFORD &

THONE, P.L.C.

Suite 220,

1905 East Wayzata Boulevard

Wayzata, MN 55391

(952) 404-2100

7-2185

1152736

Advertisement
randomness