Sections
Advertisement

NOTICE OF VOLUNTARY MORTGAGE FORECLOSURE SALE

Email

NOTICE OF VOLUNTARY

MORTGAGE FORECLO-

SURE SALE

Date: October 7, 2011

YOU ARE NOTIFIED THAT:

1. Default has occurred in the conditions of

Advertisement

the Mortgage dated May 29, 2008, executed

by H & C Enterprises, LLC, as Mortgagor(s)

to Wadena State Bank, as Mortgagee(s),

and filed for record June 23, 2008 as Docu-

ment Number 221917, in the Office of the

County Recorder of Wadena County, Minne-

sota. 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: $57,000.00

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 com-

plied with all conditions precedent to acceler-

ation of the debt secured by the Mortgage

and foreclosure of the Mortgage, and all no-

tice 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 $50,090.75

7. Pursuant to the power of sale in the

Mortgage, the Mortgage will be foreclosed,

and the land described as follows: Lot 1,

Block 2, Eastide Addition, Verndale, Min-

nesota will be sold by the County Sheriff of

Wadena County, Minnesota, at public auc-

tion on November 14, 2011, at 10:00 a.m.,

at the front door of the Law Enforce-

ment Center, 415 South Jefferson, Wade-

na, Minnesota.

8. The physical address, city and zip code

of the mortgaged premises is as follows:

28 Eastside Drive, Verndale, MN 56481.

9. The tax parcel number for the property

is 21-380-0100.

10. The time allowed by law for redemp-

tion by Mortgagor(s) or Mortgagor's personal

representatives or assigns is two months

after the date of sale.

11. The Voluntary Mortgage Foreclosure

Agreement was dated September 12, 2011

was recorded on September 14, 2011 as

Document No. 231044.

12. Each holder of a junior lien may re-

deem in the order and manner provided in

Minn.Stat.§580.32, Subd. 9, beginning after

the expiration of the Mortgagor's redemption

period under Minn.Stat.§582.32.

Wadena State Bank

MORTGAGEE

Attorney(s) for Mortgagee:

_____(signed)______

Timothy J. Pederson

Pederson & Pederson, P.A.

24 Colfax Ave. SW

P.O. Box 623

Wadena, MN 56482

(218) 631-1228

72032-1334197 10/15/11-11/5/11

Advertisement
Advertisement
Advertisement