ADVERTISEMENT

ADVERTISEMENT

1227003 Foreclosure - Palmquist

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. NOTICE...

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.

ADVERTISEMENT

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:

ADVERTISEMENT

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;

ADVERTISEMENT

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

What To Read Next
.
Fundraising is underway to move the giant ball of twine from the Highland, Wisconsin, home of creator James Frank Kotera, who died last month at age 75, 44 years after starting the big ball.
Studies estimate at least 60 million people turned to food banks, food pantries, and other private food assistance programs in 2020.
Parents of children who will be 5 years old by Sept. 1 may access an online portal to complete the necessary forms and scan documents such as child’s birth certificate and preschool screening.