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Foreclosure: Wells Fargo Bank vs. Peterson

Thursday, March 27, 2014 - 6:03pm

Foreclosure Sale

Publish March 28, April 4, 11, 18, 25, May 2, 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: September 10, 2007

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $160,730.00

MORTGAGOR(S): Brian T. Peterson And Melissa A. Peterson, both single persons

MORTGAGEE: Wells Fargo Bank, N.A.

DATE AND PLACE OF FILING: Recorded on September 11, 2007 as Document Number A298891 in the Office of the County Recorder of Douglas County, Minnesota.

ASSIGNMENTS OF MORTGAGE: Assigned to: None.

LEGAL DESCRIPTION OF PROPERTY:

Lot 5, Block 4, Olson`s Addition to the City of Alexandria, Douglas County, Minnesota

STREET ADDRESS OF PROPERTY:

1103 NOKOMIS STREET, ALEXANDRIA, MN 56308-2630

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $157,364.25

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: May 30, 2014 at 10:00 am

PLACE OF SALE: Douglas County Sheriffs office, 216 7th Avenue W, 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 1, 2014.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: Melissa Anne Peterson

"THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS 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 26, 2014

WELLS FARGO BANK, N.A.

Mortgagee

SCHILLER & ADAM, P.A.

By: /s/

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

*James J. Pauly, Esq.*

Curt N. Trisko, Esq.

Jeffrey D. Klobucar, Esq.

Attorneys for Mortgagee

The Academy Professional Building

25 North Dale Street

St. Paul, MN 55102

(651) 209-9760

(14-0396-FC01)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

NOTICE OF MORTGAGE

FORECLOSURE SALE

FORECLOSURE DATA

Minn. Stat. 580.025

1) Street Address, City and Zip Code of Mortgaged Premises: 1103 NOKOMIS STREET, ALEXANDRIA, MN 56308-4750

2) Transaction Agent: None

3) Name of Mortgage Originator (Lender): Wells Fargo Bank, N.A.

4) Residential Servicer: Wells Fargo Bank, N.A.

5) Tax Parcel Identification Number: 63.1504.000

6) Transaction Agents Mortgage ID Number (MERS number): None

1891637


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