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Public Notice NOTICE OF MORTGAGE FORECLOSURE SALE

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Wadena, 56482

Wadena Minnesota 314 S. Jefferson, P.O. Box 31 56482

Public Notice

NOTICE OF MORTGAGE

FORECLOSURE SALE

DATE: December 1,2010

YOU ARE NOTIFIED that default has oc-

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curred in the conditions of the following de-

scribed Mortgage:

INFORMATION REGARDING

MORTGAGE TO BE FORECLOSED

1. Date of Mortgage: August 24, 2009

2. Mortgagors: Dereck Stockman and Kim-

berly Stockman, husband and wife

3. Mortgagees: First National Bank of Me-

nahga & Sebeka

4. Recording Information:

Recorded on September 8, 2009, as

Document Number 225441, in the Office of

the [x] County Recorder [ ] Registrar of Ti-

tles of WADENA County, Minnesota

5. Assignments of Mortgage, if any: NOT

APPLICABLE

INFORMATION REGARDING

MORTGAGED PREMISES

6. Tax parcel identification number of the

mortgaged premises: 09.019.4020

7. Legal description of the mortgaged

premises:

The South 570 feet of the East 800 feet

of the Northeast Quarter of the Southeast

Quarter (NE1/4 SE1/4) of Section 19,

Township 137 North, Range 33 West of

the Fifth Principal Meridian.

Check here if all or part of the described

real property is Registered (Torrens) [ ]

8. The physical street address, city, and

zip code of the mortgaged premises: 22673

County Highway 14, Sebeka, MN 56477.

OTHER FORECLOSURE DATA

9. The person holding the Mortgage:

[check one]

[ ] is a transaction agent, as defined by

Minn. Stat. 59.02, subd. 30.

The name(s) of the transaction agent, resi-

dential mortgage servicer, and the lender or

broker, as defined in Minn. Stat. 58.02, is/are

[...],

The transaction agent's mortgage identifi-

cation number, if stated on the Mortgage, is

[...],

[x] 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 First National Bank of

Menahga & Sebeka.

10. If stated on the Mortgage, the name of

the mortgage originator, as defined in Minn.

Stat. 58.02, is [...].

INFORMATION REGARDING

FORECLOSURE

11. The requisites of Minn. Stat. 580.02

have been satisfied.

12. The original principal amount secured

by the Mortgage was $ 100,000.00.

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:

$108,666.90.

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 WADENA County, Minnesota,

at public auction on JANUARY 27, 2011, at

10:00 a.m., at the front steps of the Wadena

County Law Enforcement Center, Wadena

County Courthouse, 415 South Jefferson

Street, Wadena, MN 56482.

15. The time allowed by law for redemp-

tion 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 560.30 or the

property redeemed under section 580.23," If

this statute applies, the time to vacate the

property is 11:59 p.m. on January 27,

2012.

THE TIME ALLOWED BY LAW FOR RE-

DEMPTION BY THE MORTGAGOR, THE

MORTGAGOR'S PERSONAL REPRESEN-

TATIVES OFT ASSIGNS, MAY BE RE-

DUCED TO FIVE WEEKS IF A JUDICIAL

ORDER IS ENTERED UNDER MINNESOTA

STATUTES, SECTION 582.032, DETER-

MINING, AMONG OTHER THINGS. THAT

THE MORTGAGED PREMISES ARE IM-

PROVED WITH A RESIDENTIAL DWELL-

ING OF LESS THAN FIVE UNITS, ARE

NOT PROPERTY USED IN AGRICULTU-

RAL PRODUCTION, AND ARE ABAN-

DONED.

Name of Mortgagee or Mortgage

Assignee:

First National Bank of Menahga & Sebeka

P 0 Box 250

Menahga MN 56464

Name and address of Attorney for Mort-

gagee or Mortgage Assignee:

Malcolm Whynott #0388581

Kennedy, Nervig, Carlson & Van Bruggen,

LLP

503 Jefferson Street South, PO Box 647

Wadena MN 56482

218-631-2505

53796-1187982 12/11-1/15

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