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 the conditions of the following described mortgage:

DATE OF MORTGAGE: May 3, 1996

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $79,755.00

MORTGAGOR(S): David A. Pechulis and Stephanie M. Pechulis, husband and wife

MORTGAGEE: Bank United of Texas FSB

DATE AND PLACE OF FILING: Filed May 8, 1996, Fillmore County Recorder; Document No. 288465

ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A.

LEGAL DESCRIPTION OF PROPERTY:

The North 17 feet of Lots 6, 7, 8 and 9, Block 1, Preston No. 2 Addition (Billings Addition) to City of Preston. Also beginning at the Southeast corner of Block 16 in Preston No. 2 Addition to the Village of Preston, thence running West on the South line of said Block to the Southwest corner of said Block 16, thence South to the Northwest corner of Block 1 in said Addition, thence East to the Northeast corner of said Block 1, thence North to place of beginning, the said Preston No. 2 Addition is also known as Billings Addition to the City of Preston

STREET ADDRESS OF PROPERTY:

516 Pleasant Street Northeast, Preston, MN 55965

COUNTY IN WHICH PROPERTY IS LOCATED: Fillmore, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $71,910.80

THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;

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: February 16, 2012 at 10:00 a.m.

PLACE OF SALE: Fillmore County Sheriff's office, in the main lobby of the Fillmore County Courthouse, Courthouse Square, 101 Fillmore St., Preston, Minnesota

to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.

Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on August 16, 2012.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: DAVID ALLEN PECHULIS AND STEPHANIE MARIE PECHULIS

"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: December 27, 2011

WELLS FARGO BANK, N.A.

Mortgagee

REITER & SCHILLER, P.A.

By:

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Brian F. Kidwell, Esq.

Steven R. Pennock, Esq.

Attorneys for Mortgagee

25 North Dale Street

St. Paul, MN 55102-2227

(651) 209-9760

(E0385)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

NOTICE OF POSTPONEMENT

OF MORTGAGE FORECLOSURE SALE

NOTICE IS HEREBY GIVEN, that the mortgage foreclosure sale referred to in the foregoing Notice of Mortgage Foreclosure Sale has been postponed from: February 16, 2012 at 10:00 a.m. to April 19, 2012 at 10:00 a.m.

Said sale will be held at the main office of the Fillmore County Sheriff, in the main lobby of the Fillmore County Courthouse, Courthouse Square, 101 Fillmore St., in the City of Preston, County of Fillmore, State of Minnesota.

Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on October 19, 2012.

Dated: February 16, 2012

WELLS FARGO BANK, N.A.

Mortgagee

REITER & SCHILLER, P.A.

By:

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Leah K. Weaver, Esq.

Brian F. Kidwell, Esq.

Attorneys for Mortgagee

25 North Dale Street

St. Paul, MN 55102-2227

(651) 209-9760

(E0385)

NOTICE OF MORTGAGE FORECLOSURE SALE

FORECLOSURE DATA

Minn. Stat. § 580.025

(1) Street Address, City and Zip Code of Mortgaged Premises

516 Pleasant Street Northeast, Preston, MN 55965

(2) Transaction Agent

Bank United of Texas FSB

(3) Name of Mortgage Originator (Lender)

Bank United of Texas FSB

(4) Residential Servicer

Wells Fargo 800-416-1472

(5) Tax Parcel Identification Number

170440000

(6) Transaction Agent's Mortgage ID Number (MERS number)

None

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