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1159056 Foreclosure Sale Postponement - Peterson

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

Foreclosure Sale

Postponement

Publish October 6, 2010

NOTICE OF MORTGAGE

FORECLOSURE SALE

THE RIGHT TO VERIFICATION

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OF THE DEBT AND IDENTITY OF

THE ORIGINAL CREDITOR WITHIN

THE TIME PROVIDED BY LAW IS

NOT AFFECTED BY THIS ACTION.

NOTICE IS HEREBY GIVEN: That

default has occurred in the conditions

of the following described mortgage:

DATE OF MORTGAGE: May 11,

2004

ORIGINAL PRINCIPAL AMOUNT

OF MORTGAGE: $138,000.00

MORTGAGOR(S): Gregory J. Pe-

terson and Kimberly Peterson, hus-

band and wife

MORTGAGEE: Mortgage Elec-

tronic Registration Systems, Inc., a

Delaware corporation as nominee for

First Magnus Financial Corporation,

an Arizona corporation

DATE AND PLACE OF FILING:

Filed May 18, 2004, Douglas County

Recorder; Document No. 256644

ASSIGNMENTS OF MORTGAGE:

Assigned to: Wells Fargo Bank, N.A.

LEGAL DESCRIPTION OF

PROPERTY:

Lot 7, Block 1, Tuels' Subdivision,

Douglas County, Minnesota, accord-

ing to the recorded plat on file and of

record in the office of the County Re-

corder, Douglas County, Minnesota.

Together with an easement for in-

gress and egress to Lake Carlos, in

common with others, over and across

the following described land: West 50

feet of Lot 18 of Keck's Point

STREET ADDRESS OF PROP-

ERTY:

7489 Sandhill Terrace Northeast,

Carlos, MN 56319

COUNTY IN WHICH PROPERTY

IS LOCATED: Douglas County, Min-

nesota

THE AMOUNT CLAIMED TO BE

DUE ON THE MORTGAGE ON THE

DATE OF THE NOTICE: $129,783.89

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 com-

pliance 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: Octo-

ber 1, 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 actu-

ally paid by the mortgagee, on the

premises and the costs and disburse-

ments allowed by law. The time al-

lowed by law for redemption by said

mortgagor(s), their personal represen-

tatives 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 April 1,

2011.

"THE TIME ALLOWED BY LAW

FOR REDEMPTION BY THE MORT-

GAGOR, THE MORTGAGOR'S PER-

SONAL REPRESENTATIVES OR AS-

SIGNS, MAY BE REDUCED TO FIVE

WEEKS IF A JUDICIAL ORDER IS

ENTERED UNDER MINNESOTA

STATUTES SECTION 582.032 DE-

TERMINING, AMONG OTHER

THINGS, THAT THE MORTGAGED

PREMISES ARE IMPROVED WITH A

RESIDENTIAL DWELLING OF LESS

THAN FIVE UNITS, ARE NOT PROP-

ERTY USED IN AGRICULTURAL

PRODUCTION, AND ARE ABAN-

DONED."

Dated: July 20, 2010

WELLS FARGO BANK, NA

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

(Z3535)

THIS IS A COMMUNICATION

FROM A DEBT COLLECTOR.

NOTICE OF POSTPONEMENT

OF MORTGAGE

FORECLOSURE SALE

NOTICE IS HEREBY GIVEN, that

the mortgage foreclosure sale referred

to in the foregoing Notice of Mortgage

Foreclosure Sale has been postponed

from: October 1, 2010 at 10:00 a.m. to

November 5, 2010 at 10:00 a.m.

Said sale will be held at the main

office of the Douglas County Sheriff,

216 Seventh Avenue West, in the City

of Alexandria, County of Douglas,

State of Minnesota.

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 May 5,

2011.

Dated: September 29, 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

(Z3535)

1159056

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