Foreclosure: Bremer Bank vs. Hermanson | Echo Press
Sections

Weather Forecast

Close

Foreclosure: Bremer Bank vs. Hermanson

Tuesday, May 13, 2014 - 6:00pm

Foreclosure Sale

Publish April 9, 16, 23, 30, May 7, 14, 2014

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.

NOTICE IS HEREBY GIVEN:

That default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: February 13, 2013

MORTGAGOR: Douglas E. Hermanson and Yvonne M. Hermanson, husband and wife

MORTGAGEE: Bremer Bank, National Association, a national association organized under the laws of the United States of America

DATE AND PLACE OF RECORDING: Recorded April 2, 2013, in the office of the County Recorder, as Document No. 356507, Douglas County, Minnesota

MORTGAGED PROPERTY ADDRESS: 305 Front Street, Brandon, Minnesota 56315

TAX PARCEL I.D. NO. 66-0116-000

LEGAL DESCRIPTION OF PROPERTY: Lots 4, 5, and 6, Block 3, First Addition to the Townsite of Brandon, Minn., Douglas County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $79,200.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $81,181.15

INTEREST RATE AND PER DIEM: Current interest rate is 1.75%, with a daily per diem of $3.75.

That prior to commencement of this mortgage foreclosure proceeding Mortgagee complied with all notice requirements by statute; That no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage or any part thereof;

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: May 29, 2014, at 10:00 a.m.

PLACE OF SALE: Douglas County Sheriffs Office, 216 Seventh Avenue West, Alexandria, Minnesota 56308, to pay the debt then secured by said Mortgage, taxes, if any, on said premises, and the costs and disbursements, including attorneys fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

DATE AND TIME MORTGAGOR MUST VACATE THE PREMISES: November 29, 2014, at 11:59 p.m.

"THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE (5) 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: April 1, 2014

MESSERLI & KRAMER, P.A.

By: /s/ Jonathan Septer

Jonathan Septer (Lic. #0390506)

1400 Fifth Street Towers

100 South Fifth Street

Minneapolis, MN 55402-1217

(612) 672-3600

Attorney in Fact for Bremer Bank,

National Association

IMPORTANT NOTICE

This communication is from a debt collector and is an attempt to collect a debt. Any information obtained will be used for that purpose.

1897644