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: July 28, 1999
MORTGAGORS: Bounma Souphommanichanh and Somphanh Souphommanichanh, husband and wife.
MORTGAGEE: United Prairie Bank, Worthington Office.
ADVERTISEMENT
DATE AND PLACE OF RECORDING:
Recorded July 29, 1999, Nobles County Recorder, Document No. 276519.
ASSIGNMENTS OF MORTGAGE:
Assigned to: Merchants National Bank of Winona a/k/a Merchants Bank, N.A. - Winona, Dated: July 28, 1999, Recorded: July 29, 1999, Document No. 276520.
TRANSACTION AGENT: NONE
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION
NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR
ADVERTISEMENT
STATED ON MORTGAGE: United Prairie Bank, Worthington Office
RESIDENTIAL MORTGAGE SERVICER: Merchants Bank, N.A.
MORTGAGED PROPERTY ADDRESS: 429 8th Avenue, Worthington, MN 56187
TAX PARCEL I.D. #: 31-0523-000
LEGAL DESCRIPTION OF PROPERTY: The West 50 feet of Lot 11, except the North 140 feet and the Southerly 50 feet thereof; and the East Half of Lot 12, except the North 140 feet and the Southerly 50 feet thereof; all in Block 54, Second Addition to City of Worthington, Nobles County, Minnesota.
COUNTY IN WHICH PROPERTY IS LOCATED: Nobles
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $74,100.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $67,401.78
ADVERTISEMENT
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: October 9, 2009 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 April 9, 2010.
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."
ADVERTISEMENT
Dated: August 11, 2009.
Merchants Bank, N.A.
Mortgagee/Assignee of Mortgagee
USSET, WEINGARDEN AND LIEBO, P.L.L.P.
By: Paul A. Weingarden
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
ADVERTISEMENT
(952) 925-6888
94-302
2585217
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(August 21, 28, September 4, 11, 18, 25, 2009)
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