NOTICE OF MORTGAGE FORECLOSURE SALE
Wednesday, November 07, 2012 9:47 AM
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: May 13, 2003
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $68,000.00
MORTGAGOR(S): Lorry M Lanz, a single person
MORTGAGEE: Home Federal Savings Bank
DATE AND PLACE OF RECORDING:
Recorded: May 21, 2003 Fillmore County Recorder
Document Number: 331398
Transaction Agent: Not Applicable
Transaction Agent Mortgage Identification Number: Not Applicable
Lender or Broker: Home Federal Savings Bank
Residential Mortgage Servicer: Home Federal Savings Bank
Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Fillmore
Property Address: 528 N Broadway St, Spring Valley, MN 55975-1108
Tax Parcel ID Number: R36.0098.000
LEGAL DESCRIPTION OF PROPERTY: Commencing 31 ft. S. of a point where the center line of the former Spring Valley Hamilton Territorial Road intersects the E. line of the NW1/4 of the SE1/4 of Sec. 28-103-13, thence W. 112 ft., thence S. 66 ft., thence E. to the center line of the former Spring Valley Hamilton Territorial Road, thence NW'ly along said center line of said former Spring Valley Hamilton Territorial Road to a point due E. of the point of beginning, thence W. to the point of beginning; which real estate was formerly described as commencing at a point where the E. line of the NW1/4 of the SE1/4 Sec. 28-103-13, crosses the center of the Territorial Road running from Spring Valley to Hamilton, thence 38 ft. along the center of said road in a SE'ly direction, starting from thence and running W. about 139 ft. 4 inches on the S. line of land now owned by J.L. Colby to a row of evergreen trees, thence running S. 66 ft., thence E. about 186 ft. to center of Territorial Road, thence along center of said road in a Northwesterly direction about 82 ft. and 10 inches to place of beginning.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $59,394.27
THAT all pre-foreclosure requirements have been complied with; 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: December 20, 2012 at 10:00 AM
PLACE OF SALE: Main Lobby of the Courthouse, Preston, Minnesota
to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney 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.
If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on June 20, 2013, or the next business day if June 20, 2013 falls on a Saturday, Sunday or legal holiday.
Mortgagor(s) released from financial obligation: NONE
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
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.
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: November 07, 2012
MORTGAGEE: Home Federal Savings Bank
Wilford, Geske & Cook P.A.
Attorneys for Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
File Number: 026387F01
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