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.
YOU ARE HEREBY NOTIFIED THAT:
1.Default has occurred in the conditions of the mortgage dated January 2, 2004, executed by Thomas J. Ott and Pamela J. Ott, husband and wife, as Mortgagor(s), to American Bank of St. Paul, a Minnesota corporation, as Mortgagee(s), and filed for record January 27, 2004, as Washington County
Registrar of Titles Document Number 1141615.The land described in the Mortgage is Torrens Property.
2.The Mortgage has been assigned as follows: No assignments.
3.The maximum principal amount secured by the Mortgage was: $285,000.00.
4.No action or proceeding at law is now pending to recover the debt secured by the Mortgage, or any part thereof.
5.The holder of the Mortgage has complied with all conditions precedent to acceleration of the debt secured by the Mortgage and foreclosure of the Mortgage, and all notice and other requirements of applicable statutes.
6.At the date of this notice, the amount due on the Mortgage, and taxes, if any, paid by the holder of the Mortgage is: $268,576.45.
7.Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land located in Washington County, Minnesota and described as follows:
Lot Six (6), Block One (1), Hidden Oaks Fourth Addition, according to the plat thereof on file and of record in the office of the Registrar of Titles, County of Washington and State of Minnesota
will be sold by the sheriff of Washington County, Minnesota at public auction on September 11, 2014 at 10:00 o\'clock a.m., at the Washington County Sheriff\'s Office (Civil Division), 15015
62nd Street North, Stillwater, MN 55082.
8.The time allowed by law for redemption by the Mortgagor, the Mortgagor\'s personal representatives or assigns is 6 months after the date of sale.
9.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.
10.Unless the mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, the mortgagor and/or its assigns must vacate the property by 11:59 p.m. on March 11, 2015.
11.In order to comply with Minn. Stat. Section 580.025, the undersigned hereby states that the following information is correct to the best of its knowledge:
(a)The street address and tax identification number of the mortgaged property: 7484 Granada Circle South
Cottage Grove, MN 55016
Tax Identification Number:
(b)Transaction agent and transaction agent\'s mortgage identification number: N/A
(c)Residential mortgage servicer, broker and/or originator: N/A
(d)Lender: American Bank of St. Paul, a Minnesota corporation.
12.This is an attempt to collect a debt and any information obtained will be used for that purpose.
Dated: July 17, 2014American Bank of St. Paul, a Minnesota corporation, Mortgagee
By:/s/ David A. Lutz
David A. Lutz
Attorney for Mortgagee
527 Marquette Avenue Ste. 860
Minneapolis, MN 55402