Notice of Mortgage Foreclosure Sale

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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:  October 27, 2015
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $40,000.00
MORTGAGOR(S): ALLEN'S COUNTRY BAKERY, LLC, a Minnesota Limited Liability Company
MORTGAGEE:  First National Bank in Montevideo, now known as KleinBank, a Minnesota banking corporation
DATE AND PLACE OF RECORDING:  November 4, 2015, as Document No. 241655, in the office of the Swift County Recorder.
ASSIGNMENTS OF MORTGAGE:  None
COUNTY IN WHICH PROPERTY IS LOCATED: Swift
LEGAL DESCRIPTION OF PROPERTY:  North Twenty-five feet (N 25') of Lots One (1), Two (2) and Three (3) and East Nine feet (E 9') of North Twenty-five (N 25') of Lot Four (4), Block Fourteen (14), Robinson's Second Addition to the City of Appleton, Swift County, Minnesota.
TAX PARCEL NO.:   22-0100-000
ADDRESS OF PROPERTY:   49 North Miles Street, Appleton, MN  56208
THE AMOUNT DUE AND CLAIMED TO BE DUE ON THE DATE OF THIS NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:  $38,544.41
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statue; 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: November 9, 2017 at 10:00 a.m. 
PLACE OF SALE:  Main Entrance to the Swift County Sheriff's Department, Law Enforcement Center, 301 14th Street N., Benson, Minnesota.
to pay the debt then 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 months from the date of said sale by the mortgagor(s), their personal representatives or assigns.
DATE TO VACATE THE PROPERTY:  The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23, is May 9, 2018, at 11:59 p.m.  If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
MORTGAGORS RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None
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:  September 20, 2017.

Attorney(s) for Mortgagee:
STERMER & SELLNER, CHARTERED
By:  J. Richard Stermer
102 Parkway Drive, P.O. Box 514                                    KLEINBANK
Montevideo, MN  56265-0514                                      MORTGAGEE
Attorney Registration No.  216811
               
THIS COMMUNICATION IS FROM A DEBT COLLECTOR
ATTEMPTING TO COLLECT A DEBT.  ANY INFORMATION
OBTAINED WILL BE USED FOR THAT PURPOSE.
10-4-6c

 

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