Mortgage foreclosure sale set for Sept. 23
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.
Date: July 31, 2002
YOU ARE NOTIFIED THAT:
1. Default has occurred in the conditions to the Mortgage dated April 24, 2001 executed by John Burgers and Bonnie Burgers, husband and wife as Mortgagor(s), to First Premier Bank as Mortgagee(s) and filed for record May 4, 2001, as Document Number 149814, (in the Office of the County Recorder) Rock County, Minnesota. The land described in the Mortgage (is not) registered land.
2. The Mortgage has been assigned as follows: The mortgage has not been assigned.
3. The original principal amount secured by the Mortgage was: One Hundred Seven Thousand Two Hundred Eighty-one and 04/100 Dollars ($107,281.04).
4. No action or proceeding at law is now pending to recover the debt secured by the Mortgage, or any part thereof.
5. The holder of the Mortgage has complied with all conditions precedent to acceleration of the debt secured by the Mortgage and foreclosure of the Mortgage, and all notice and other requirements of applicable statutes.
6. At the date of this notice the amount due on the Mortgage, and taxes, if any, paid by the holder of the Mortgage is: One Hundred Ten Thousand Five Hundred Eight and 96/100 Dollars ($110,508.96).
7. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land described as follows: The South 36 feet of Lot 4, all of Lot 5 and the North Half (N1/2) of Lot 6, all in Block 17 in F.C. Finke's Addition to the Village (now City) of Hills, Rock County, Minnesota.
will be sold by the County Sheriff of Rock County, Minnesota, at public auction on September 23, 2002, at ten o'clock, a.m., at the front steps of the Law Enforcement Center, Luverne, Minnesota.
8. The time allowed by law for redemption by Mortgagor(s) or MortgagorÕs personal representatives or assigns in six (6) months after the date of sale.
9. THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORÕS 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.
Attorney(s) for Mortgagee
or Assignee of Mortgage:
Laurence B. Hughes
HEDEEN, HUGHES & WETERING
1206 Oxford Street, P.O. Box 9
Worthington, MN 56187-0009 FIRST PREMIER BANK
47910 MORTGAGEE OR ASSIGNEE OF MORTGAGE
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(8-8, 8-15, 8-22, 8-29, 9-5, 9-12)