Legal Notice November 16, 2016

NOTICE OF MORTGAGE FORECLOSURE SALE

 

YOU ARE NOTIFIED that a proceeding is about to be commenced by the undersigned to foreclose the following described Mortgage:

 

DATE OF MORTGAGE: July 1, 2015

 

MORTGAGORS: Natalie Rund (AKA Natalie Rund-Rieppel) and Jean Rund

 

MORTGAGEE: Security State Bank

 

DATE AND PLACE OF RECORDING: Recorded on July 2, 2015, as Document #1160691 in the office of the County Recorder of Otter Tail County, Minnesota

 

ASSIGNMENTS OF MORTGAGE, IF ANY: None

 

TRANSACTION AGENT: None

 

TRANSACTION AGENT’S MORTGAGE I.D. NUMBER ON MORTGAGE:  None

 

MODIFICATIONS OF MORTGAGE: None

 

PROPERTY ADDRESS: 23812 110th Street, Fergus Falls, MN 56537

 

TAX PARCEL I.D. NUMBER: 60000320256000 

 

LEGAL DESCRIPTION OF PROPERTY:  The West Half of the Northwest Quarter (W1/2 of the NW1/4) and the Southeast Quarter of the Northwest Quarter (SE1/4 of the NW1/4) all in Section Thirty-Two (32), Township One Hundred Thirty-One (131), Range Forty-Two (42) West, Otter Tail County, Minnesota, EXCEPT THE FOLLOWING TRACT FOR HIGHWAY PURPOSES: That Part of the West half of the Northwest Quarter (W1/2 NW1/4) of Section Thirty-Two (32), Township One Hundred Thirty-One (131), Range Forty-two (42), shown as Parcel 204 on the plat designated as Minnesota Department of Transportation Right of Way Plat Numbered 56-36 on file and of record in the Office of the County Recorder in and for Otter Tail County, Minnesota, containing 1.05 acres, more or less;

 

COUNTY IN WHICH PROPERTY IS LOCATED:   Otter Tail

 

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:  $200,000.00

 

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:   $207,692.87  

 

That prior to the commencement of this mortgage foreclosure proceeding Mortgagee complied with all notice requirements as required by statute; 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: January 5, 2017 at 10:00 a.m.

 

PLACE OF SALE:   Sheriff’s Office

            Otter Tail County Courthouse

121 West Junius, Fergus Falls, MN,

 

to pay the debt then secured by said Mortgages, and taxes, if any, on said premises, and the costs and disbursements, including attorneys’ fees allowed by law subject to redemption within twelve (12) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

 

Note:  Five Week Redemption Provision

 

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: 11-8, 2016

              SECURITY STATE BANK, MORTGAGEE

                                                                

By: Paul S. Jensen /s/ 

Attorney Reg. No. 337420

CLINE JENSEN, P.A. 

                  Attorneys for Mortgagee

                  125 South Mill Street

                  Fergus Falls, MN  56537

                  (218) 998-4088

pjensen@clinelawyers.com

                 

THIS IS AN ATTEMPT TO COLLECT A DEBT AND 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. 

(Published November 16, 23, 30, December 7, 14 and 21, 2016)