NOTICE OF MORTGAGE FORECLOSURE SALEDate February 11, 2005YOU ARE NOTIFIED THAT:1. Default has occurred in the conditions of the Mortgage dated September 20, 2001, executed by Edgar J. Bazer and Delores J. Bazer, as Mortgagors, to Security Mortgage Corporation, as Mortgagee, and filed for record on the 21st day of September, 2001 at 11:05 o’clock a.m., as Document No. 151015 in the Office of the County Recorder of Rock County, Minnesota.2. The Mortgage has been assigned as follows: on January 13, 2005, Security Mortgage Corporation assigned its above referenced mortgage to Security Bank, whose address is 325 NE 2nd Street, Madison, SD 57042. Said assignment was recorded in the Office of the County Recorder of Rock County, Minnesota, on January 18, 2005, at 11 o’clock a.m. as instrument #160573.3. The original principal amount secured by the Mortgage was: $18,000.00. 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 $18,435.417. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land located in Rock County, Minnesota, described as follows: Lot 10 in Block 4 of Randall & Holbert’s Addition to the City of Luverne, Rock County, Minnesota. [This property has the street address of 313 South Fassett Street, Luverne, Minnesota 56156.]will be sold by the County Sheriff of Rock County, Minnesota, at public auction on April 7, 2005 at 10:30 a.m. at the Sheriff’s Main Office, Courthouse Steps, West Entrance, Luverne, Minnesota, to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorneys fees allowed by law. 8. The time allowed by law for redemption by Mortgagors or Mortgagors’ personal representatives or assigns is six months after the date of sale. 9. 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. 10. Mortgagor(s) released from financial obligation on the Mortgage: NoneDated: February 11, 2005 Security Bank ASSIGNEE OF MORTGAGEEBy /s/ Henry K. EvansHenry K. Evans (025406X)HENRY K. EVANS, P.C.Attorney for Assignee of Mortgagee123 South Main Ave., Suite 206Sioux Falls, SD 57104(605) 367-9755(2-17, 2-24, 3-3, 3-10, 3-17, 3-24)
