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: November 4, 2005
MORTGAGOR:Edward B. Cobler, a married person.
MORTGAGEE: United Prairie Bank, Worthington Office.
DATE AND PLACE OF RECORDING: Recorded November 8, 2005 Nobles County Recorder, Document No. A306846.
ASSIGNMENTS OF MORTGAGE: Assigned to: Merchants Bank, National Association. Dated November 4, 2005 Recorded November 8, 2005, as Document No. A306847.
TRANSACTION AGENT: NONE
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: United Prairie Bank, Worthington Office
RESIDENTIAL MORTGAGE SERVICER: Merchants Bank, N.A.
MORTGAGED PROPERTY ADDRESS: 501 North Broadway Street, Ellsworth, MN 56129
TAX PARCEL I.D. #: 25-0294-000
LEGAL DESCRIPTION OF PROPERTY:
A tract of land situated in the NE 1/4 of Section 29, Township 101, Range 43, Nobles County, Minnesota, described as follows: Beginning at the point of intersection of the north line of North Avenue in Butler’s Addition and the west line of Broadway Street (said Broadway Street also being designated Minnesota State Highway No 91) all as located in the City of Ellsworth, Nobles County, Minnesota; thence west along the north line of North Avenue 125 feet; thence north on a line parallel to the west line of Broadway Street 100 feet; thence east along a line parallel to the north line of North Avenue 125 feet to the west line of Broadway Street; thence south along the west line of Broadway Street 100 feet to the point of beginning.
COUNTY IN WHICH PROPERTY IS LOCATED:Nobles
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:$31,920.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:$38,473.90
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: April 24, 2018 at 10:00 AM
PLACE OF SALE:Sheriff’s Office, Lobby, Law Enforcement Center, 2nd Floor, Worthington, MN
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 six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
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 October 24, 2018, unless that date falls on a weekend or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE:None
“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: February 22, 2018
Merchants Bank, National Association
Mortgagee/Assignee of Mortgagee
USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
94 – 18-001736 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Document version 1.1 December 11, 2013
03/07/2018, 03/14/2018, 03/21/2018, 03/28/2018, 04/04/2018, 04/11/2018
