Legal – Mortgage Foreclosure Sale – Salter

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Legal Notice


NOTICE OF MORTGAGE
FORECLOSURE SALE

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.

NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:

DATE OF MORTGAGE: September 28, 2011

MORTGAGOR(S): Jerald J. Salter, an unmarried individual

MORTGAGEE: Worthington Federal Savings Bank, f.s.b.

DATE AND PLACE OF RECORDING: Recorded September 28, 2011, Nobles County Recorder as Document No. 332611 and re-recorded on October 13, 2011, Nobles County Recorder as Document No. 332760.

ASSIGNMENTS OF MORTGAGE:     None

TRANSACTION AGENT: Not Applicable

TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:     Not Applicable

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE:     Worthington Federal Savings Bank, f.s.b.

SERVICER:      Worthington Federal Savings Bank, f.s.b.

MORTGAGED PROPERTY ADDRESS:     301 East 6th Street, Adrian MN 56110

TAX PARCEL IDENTIFICATION NUMBER:    21-0553-000

LEGAL DESCRIPTION OF PROPERTY:     The North 151.5 feet of Lot 4, Block 1, Schneider’s Addition, City of Adrian, Nobles County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED:     Nobles

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $14,400.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:     $11,070.06

THAT prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of 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:     November 23, 2016 at 10:00 a.m.

PLACE OF SALE:     Sheriff’s Main Office, 1530 Airport Road, Worthington MN 56187 to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys’ fees allowed by law subject to redemption within five (5) weeks from the date of said sale by the mortgagor(s), their personal representatives or assigns.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE:     None

TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property, if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23, is 11:59 p.m. on December 28, 2016, or the next business day if December 28, 2016 falls on a Saturday, Sunday or legal holiday.

“THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORGAGOR’S PERSONAL REPRESENTATIVES OR ASSIGNS, HAS BEEN REDUCED TO FIVE WEEKS PURSUANT TO A JUDICIAL ORDER ENTERED UNDER MINNESOTA STATUTES, SECTION 582.032 BY THE DISTRICT COURT FOR NOBLES COUNTY, MINNESOTA DATED SEPTEMBER 14, 2016, 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: September 30, 2016

Worthington Federal Savings Bank, f.s.b., Mortgagee

By: Andrew E. Hagemann, Jr.

MORK, DARLING & HAGEMANN
Attorneys for Mortgagee
912 Third Avenue, PO Box 607
Worthington MN 56187
(507) 372-2974

PURSUANT TO THE FAIR DEBT COLLECTION PRACTICES ACT, YOU ARE ADVISED THAT THIS OFFICE IS DEEMED TO BE A DEBT COLLECTOR.  ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.  THIS NOTICE IS REQUIRED BY THE PROVISIONS OF THE FAIR DEBT COLLECTION PRACTICES ACT AND DOES NOT IMPLY THAT WE ARE ATTEMPTING TO COLLECT MONEY FROM ANYONE WHO HAS DISCHARGED THE DEBT UNDER THE BANKRUPTCY LAWS OF THE UNITED STATES. 

10-5, 10-12, 10-19, 10-26, 11-2, 11-9

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