NOTICE OF MORTGAGE FORECLOSURE SALEDate: August 12, 2003YOU ARE NOTIIFED THAT:1. Default has occurred in the conditions of the Mortgage dated September 1, 2000, executed by Thomas D. Serie and Roberta L. Serie, as Mortgagors to First National Bank in Montevideo, as Mortgagee, and filed for record September 1, 2000, as Document Number 148435, in the Office of the County Recorder of Rock County, Minnesota. The land described in the Mortgage is not registered land. 2. The Mortgage has not been assigned. 3. The original principal amount secured by the Mortgage was: One Hundred Thousand Dollars ($100,000.00).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: $104,354.70.7. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land described as follows:Beginning at the southwest corner of Block Fourteen (14) in Warren & Kniss’ Second Addition to the City of Luverne, Minnesota; thence one hundred fifty (150’) feet due North; thence ninety-two (92’) feet due East; thence twenty-seven (27’) feet due South; thence twenty (20’) feet due West; thence one hundred twenty-three (123’) feet due South; thence seventy-two (72’) feet due West to the point of beginning, in Rock County, Minnesota. Including easements and all appurtenances. will be sold by the Sheriff of Rock County, Minnesota at public auction on October 7, 2003, at 10:00 a.m., at the Rock County Sheriff’s Office, 213 East Luverne Street, Luverne, Minnesota 56156. 8. The time allowed by law for redemption by Mortgagor(s) or Mortgagor’s 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. Attorney(s) for Mortgagee:R. Lawrence HarrisMelchert Hubert Sjodin, PLLP121 West Main StreetWaconia, MN 55387Phone: 952 442 7700Brian Johnson, Sr. Vice-PresidentFirst National Bank in Montevideo(8-21, 8-28, 9-4, 9-11, 9-18, 9-25)
