Foreclosure Sale
Publish March 25, April 1, 8, 15, 22, 29, 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.
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NOTICE IS HEREBY GIVEN: That default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: March 24, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $359,000.00
MORTGAGOR(S): Scott A. Palmquist and Susan L. Palmquist, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Tradition Mortgage, a Minnesota limited liability company
DATE AND PLACE OF FILING: Filed March 31, 2005, Douglas County Recorder; Document No. 268611
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A.
LEGAL DESCRIPTION OF PROPERTY:
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That part of Government Lot 5, Section 6, Township 128 North, Range 37 West, including a portion of Lot A of Auditor's Subdivision of Lots 4, 5, 6, 7, and 8 of Lake Park, H. Birkhofer's Outlots and part of Government Lot 5 in Section 6, Township 128 North, Range 37 West, described as follows.
To find the point of beginning commence at the Southwest corner of said Lot A;
Thence North 15 degrees 24 minutes West along the westerly line of said Lot A, 298 feet to a point, said point being referred to as Point A and this to be the point of beginning;
Thence along a line drawn between Point A and a point on the northeasterly boundary line of said Lot A lying 172 feet North 48 degrees 39 minutes West of northeast corner of said Lot A (said northeast corner being a common corner with Lot B), to the intersection with the shoreline of Lake Le Homme Dieu;
Thence Southeasterly along said shoreline to the intersection with the easterly line of said Lot A, or its northerly extension, whichever is applicable;
Thence Southerly and along the easterly line of said Lot A, and/or its Northerly extension to the Southeast corner of Lot A;
Thence South 75 degrees 20 minutes West and along the southerly line of said Lot A 100 feet more or less to the southwest corner of said Lot A, said point being on the easterly right-of-way of County State Aid Highway No. 42;
Thence northwesterly along said right-of-way a distance of 306.72 feet more or less to the intersection of a line drawn South 78 degrees 47 minutes West from Point A;
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thence North 78 degrees 47 minutes East 53.96 feet to the point of beginning.
STREET ADDRESS OF PROPERTY:
2615 North Nokomis Northeast, 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: $399,077.63
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 20, 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 November 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: March 21, 2011
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.
Steven R. Pennock, Esq.
Attorneys for Mortgagee
25 North Dale Street
St. Paul, MN 55102-2227
(651) 209-9760
(X5459)
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
1227003
