Publish October 26, November 2, 9, 16, 23, 30, 2011
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: October 2, 2007.
MODIFICATION OF MORTGAGE: None
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $161,217.19
MORTGAGOR(S): Walter D. Tischer and Roxanne L. Tischer, husband and wife
MORTGAGEE: BlackRidgeBANK, successor by merger to Lakewood Bank, N.A. and First State Bank of Alexandria
DATE AND PLACE OF FILING MORTGAGE: October 4, 2007 – Doc. No. A 299750, Douglas County Recorder
DATE AND PLACE OF FILING MODIFICATION OF MORTGAGE: None
ASSIGNMENTS OF MORTGAGE: None
TRANSACTION AGENT: None
TRANSACTION AGENT MORTGAGE IDENTIFICATION NUMBER: None
LENDER OR BROKER: None
RESIDENTIAL MORTGAGE SERVICER: None
MORTGAGE ORIGINATOR: First State Bank of Alexandria
LEGAL DESCRIPTION OF PROPERTY: All that part of Subdivision of Block 6 in the Townsite of Alexandria lying west of AG@ Street and north of Third Avenue, described as follows: Beginning on the north line of Third Avenue in said townsite at a point 12 feet east of the west line of AF@ Street extended; thence east on the north line of Third Avenue to the west line of First Avenue in said Subdivision of said Block 6, thence north on the west line of First Avenue to the southeasterly boundary of the railroad right of way through said Block 6; thence in a southwesterly direction along the easterly line of said right of way to a point which is 12 feet east of the west line of AF@ Street extended; thence south on a line which is 12 feet east of and parallel to the west line of AF@ Street extended to the place of beginning, excepting therefrom that part of the above described tract which lies southwesterly of the following described line: Beginning at a point on the east boundary of the above described tract, distant 32 feet north of the southeast corner thereof; thence run in a northwesterly direction to a point on the west boundary of the above described tract, distant 68 feet north of the southwest corner thereof and there terminating.
COUNTY IN WHICH PROPERTY IS LOCATED: Douglas County
PROPERTY ADDRESS: 115 3rd Avenue West, Alexandria, MN 56308
TAX PARCEL ID NO: 63-1326-000
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $156,028.04.
THAT all pre-foreclosure requirements have been complied with; 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: December 15, 2011 – 10:00 a.m.
PLACE OF SALE: Lobby of 509 3rd Avenue West, Alexandria, MN 56308
To pay the debt secured by said mortgage and 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), the personal representatives or assigns.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on June 15, 2012.
*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 5 UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: October 19, 2011.
BlackRidgeBANK, successor by merger to Lakewood Bank, N.A. and First State Bank of Alexandria, Mortgagee
JONATHAN FAY, P.C.
By: /s/Jonathan R. Fay
Jonathan R. Fay, ID #173721
Attorneys for Mortgagee
51 Broadway, Suite 600
Fargo, ND 58102
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR