1184845 Foreclosure - Kortie
Foreclosure Sale Publish December 3, 10, 17, 24, 29, 2010, January 7, 2011 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.
Publish December 3, 10, 17, 24, 29, 2010, January 7, 2011
NOTICE OF MORTGAGE
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 18, 2008
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $346,500.00
MORTGAGOR(S): Donald J. Kortie Jr. and Yvonne D. Kortie, husband and wife
MORTGAGEE: Wells Fargo Bank, N.A.
DATE AND PLACE OF FILING: Filed September 23, 2008, Douglas County Recorder; Document No. A310213
ASSIGNMENTS OF MORTGAGE: Assigned to: None
LEGAL DESCRIPTION OF PROPERTY:
A part of Lot 1, Block 1 SPRUCEWOOD, Douglas County, Minnesota, according to the recorded plat on file and of record in the office of the County Recorder, Douglas County, Minnesota, more particularly described as follows to-wit
To find the point of beginning commence at the Northwest corner of said Lot 1;
Thence South 01 degrees 56 minutes West and along the Westerly line of said Lot 1 a distance of 121.52 feet to the point of beginning;
Thence from the point of beginning South 01 degrees 56 minutes West and along the Westerly line of said Lot 1 a distance of 103 feet;
Thence South 89 degrees 25 minutes 30 seconds East 330 feet more or less to the intersection with the water line of Lake Latoka;
Thence Northerly and along said water line of Lake to point on said water line which is South 89 degrees 25 minutes 30 seconds east of the point of beginning;
Thence North 89 degrees 25 minutes 30 seconds West to the point of beginning
STREET ADDRESS OF PROPERTY:
747 West Latoka Drive SW, Alexandria, MN 56308
COUNTY IN WHICH PROPERTY IS LOCATED: Douglas County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $354,442.21
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: January 21, 2011 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 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 July 21, 2011.
"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 FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED."
Dated: November 29, 2010
WELLS FARGO BANK, N.A.
REITER & SCHILLER, P.A.
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
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.