Richard A. and Denise K. Grefe Mortgage Foreclosure Sale #2

NOTICE OF MORTGAGE FORECLOSURE SALE
DATE:  July 18, 2018
YOU ARE NOTIFIED that default has occurred in the conditions of the following described Mortgage:
INFORMATION REGARDING MORTGAGE TO BE FORECLOSED
1.  Date of Mortgage:  January 20, 2016
2.  Mortgagors:  Richard A. Grefe and Denise K. Grefe
3.  Mortgagees:   Unity Bank
4.  Recording Information:  Recorded on February 1, 2016, as Document Number 1170285, in the Office of the County Recorder of Otter Tail County, Minnesota.
5.  Assignments of Mortgage, if any: None
INFORMATION REGARDING MORTGAGED PREMISES
6.  Tax parcel identification number of the mortgaged premises:  35-000-10-0078-000
7.  Legal description of the mortgaged premises:
The West One-half of the Southwest Quarter (W ½ of SW ¼) and the South One-half of the Southwest Quarter of the Northwest Quarter, (S ½ of SW ¼
of NW ¼), Section Ten (10),Township One Hundred Thirty-four (134) North,
Range Thirty-eight (38) West, Otter Tail County, Minnesota.
8.  The physical street address, city, and zip code of the mortgaged premises:  32524 490th Avenue, Ottertail, Minnesota 56571.
OTHER FORECLOSURE DATA
9.  The person holding the Mortgage is not a transaction agent, as defined by Minn. Stat. 58.02, subd. 30.
The name(s) of the residential mortgage servicer and the lender or broker, as defined in Minn. Stat. 58.02, is Unity Bank.
10.  If stated on the Mortgage, the name of the mortgage originator, as defined in Minn. Stat. 58.02, is Unity Bank.
INFORMATION REGARDING FORECLOSURE
11. The requisites of Minn. Stat. 580.02 have been satisfied.
12.  The original principal amount secured by the Mortgage was $ 108,000.00.
13.   At the date of this notice the amount due on the Mortgage, including taxes, if any, paid by the holder of the Mortgage, is: $115,863.32.
14.  Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Otter Tail County, Minnesota, at public auction on September 20, 2018, at 10:00 a.m., at the North door of the Otter Tail County Courthouse, 121 West Junius, Fergus Falls, MN  56537.
15.  The time allowed by law for redemption by Mortgagor or Mortgagor’s personal representatives or assigns is Twelve (12) months after the date of sale.
16.  Minn. Stat. 580.04(b) provides, “If the real estate is an owner-occupied, single-family dwelling, the notice must also specify the date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under section 580.30 or the property redeemed under section 580.23.” If this statute applies, the time to vacate the property is 11:59 p.m. on September 20, 2019.
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.
Name and address of Attorney for Name of Mortgagee or Mortgage
Mortgagee or Mortgage Assignee: Assignee:
Charles E. Barnum, IIIUnity Bank
Attorney at Law 15 East Main Street
15 East Main Street, P.O. Box 85 Crosby, MN 56441
Crosby, MN  56441-0085
Attorney License Number:  000487X
ceblaw@crosbyironton.net
(Published July 25, August 1, 8, 15, 22, 29, 2018)