Mortgage foreclosure sale set for Aug. 12
NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of that certain Mortgage, dated May 3, 2018, executed by Randy L. Hamm and Gina L. Hamm, husband and wife, as Mortgagors, to First State Bank Southwest, organized and existing under the laws of Minnesota, as Mortgagee, filed with the Rock County Recorder on May 9, 2018, as Document No. 192638;
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 notice provisions and conditions precedent as required by law; and that the mortgagee or assignee has elected to declare the entire sum secured by the note and mortgage to be immediately due and payable as provided in the note and mortgage;
That the original or maximum principal amount secured by the mortgage was Two Hundred Twenty-Five Thousand and No/100 DOLLARS ($225,000.00);
That there is due and claimed to be due on the mortgage, including interest to date hereof, the sum of One Hundred Seventy Thousand Seven Hundred Thirty-Nine and 83/100 DOLLARS ($170,739.83);
And that pursuant to the power of sale therein contained, said mortgage will be foreclosed and the tract of land lying and being in the County of Rock, State of Minnesota, described as follows, to-wit:
The North Five Hundred Fifty-five (N 555) feet of the West Four Hundred Seventy-five (W 475) feet of the Northwest Quarter (NW 1/4) of Section Twenty-three (23), Township One Hundred Four (104) North, Range Forty-four (44) West of the 5th P.M., Rock County, Minnesota.
Property address: 1912 221st St., Edgerton, MN 56128.
Parcel identification number: 01-0098-000.
will be sold by the sheriff of said county at public auction on the 12th day of August, 2024, at 10:00 o'clock a.m., at the Rock County, Minnesota, Sheriff’s Office located at 1000 North Blue Mound Avenue in the City of Luverne, in said county and state, to pay the debt then secured by said mortgage on said premises and the costs and disbursements allowed by law, subject to redemption by the mortgagor, their personal representative or assigns within six (6) months from date of sale.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under Section 580.30 or the property is not redeemed under Section 580.23 is 11:59 p.m. on February 12, 2025.
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.
Transaction agent: N/A.
Transaction agent’s Mortgage identification number: N/A.
Mortgage originator: First State Bank Southwest.
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. 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.
Dated the 22nd day of May, 2024.
First State Bank Southwest, Mortgagee
/s/ Michael S. Dove
Michael S. Dove #214310
GISLASON & HUNTER LLP
2700 South Broadway
P. O. Box 458
New Ulm, MN 56073-0458
Phone: 507-354-3111
Fax: 507-354-8447
Attorneys for Mortgagee
(06-06, 06-13, 06-20, 06-27, 07-04, 07-11)
