NOTICE OF MORTGAGE FORECLOSURE SALE
Date: September 29, 2011
Date: September 29, 2011
YOU ARE NOTIFIED that default has occurred in the conditions of the following described Mortgage:
INFORMATION REGARDING MORTGAGE TO BE FORECLOSED
1. Date of Mortgage: October 15, 2004 (original), January 4, 2008 (modification)
2. Mortgagor(s): Mark M. Owens and Christina K. Owens, husband and wife
3. Mortgagee(s): Mainstreet Bank
4. Recording Information:
Recorded on December 10, 2004 as Document No. 3484513 (original) and recorded on January 24, 2008 as Document No. 3677772 (modification) all in and for the Office of the County Recorder's Office of Washington County, Minnesota
AND
Recorded on August 6, 2008 as Document No. 564377 (modification) in and for the Office of the County Recorder's Office of Kandiyohi County, Minnesota
5. Assignment of Mortgage, if any:
Assigned to Central Bank by written assignment recorded on June 29, 2010 as Document No. 3796675 in and for the Office of the County Recorder's Office of Washington County AND recorded on May 25, 2011 as Document No. 591692 in and for the Office of the County Recorder's Office of Kandiyohi County.
6. Tax parcel identification number of the mortgaged premises: 26.030.21.12.0004 AND 23.610.0030
7. Legal Description of the mortgaged premises:
All that part of the Northwest Quarter of the Northeast Quarter (NW ¼ of NE ¼) of Section 26, Township 30, Range 21, described as follows: The South Four Hundred Seventeen and Eight-Tenths (417.8) Feet of the North Four Hundred Fifty and Eight Tenths (450.8) Feet, except the West Eight Hundred Forty-Seven and Eight-Tenths (847.8) feet thereof; together with the perpetual easement for roadway purposes over the Northerly Thirty-Three (33) feet of the said Northwest Quarter of Northeast Quarter (NW ¼ of NE ¼), according to the United States Survey Thereof, Washington County, Minnesota
AND
Section 5, Township 121, Range 35, Lot Three (3), Stony Point Beach, Part 1, Kandiyohi County, Minnesota
8. The physical street address, city, and zip code of the mortgaged premises: XXX N. Kimbro Avenue, Grant, Minnesota AND 3747 - 198th Avenue N.W., New London, MN 56373
INFORMATION REGARDING FORECLOSURE
9. The requisites of Minn. Stat. 580.02 have been satisfied.
10. The original principal amount secured by the Mortgage was $236,3000.00 and modified to $246,100.00
11. At the date of this notice the amount due on the Mortgage, including taxes, if any, paid by the holder of the Mortgage, is: $303,842.57
12. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Washington County, Minnesota, at public auction on Monday, December 5, 2011, 10:00 a.m., at 15015 - 62nd Street North, Stillwater, MN 55082.
13. The time allowed by law for redemption by Mortgagor or Mortgagor's personal representatives or assigns is six (6) months after the date of sale.
14. Minn. Stat. 580.04(b) provides, "If the real estate is an owner-occupied, single-family dwelling, the notice must also specify the date on or before which the mortgagor must vacate the property if the mortgage is no reinstated under section 580.30 or the property redeemed under section 580.23." If this statute applies, the time to vacate the property is 11:59 p.m. on June 5, 2012.
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.
THE RIGHT TO VERIFICATION OF THE DISCHARGED DEBT SECURED BY THE MORTGAGE AND IDENTITY OF THE ORIGINAL MORTGAGEE IS NOT AFFECTED BY THIS ACTION.
Name and address of Attorney for Mortgagee or Mortgage Assignee:
Jack W. Clinton
Jack W. Clinton, P.A.
539 Bielenberg Drive, Suite 200
Woodbury, MN 55125
Name of Mortgagee or Mortgage Assignee:
Central Bank
10/12-11/16
NOTICE OF POSTPONEMENT OF MORTGAGE FORECLOSURE SALE
The above referenced sale scheduled for Monday, December 5, 2011 at 10:00 a.m., has been postponed to Tuesday, January 3, 2012 at 10:00 a.m. located at the Washington County Sheriff's Office at 15015- 62nd Street North, Stillwater, MN 55082, said County and State.
If this is an owner occupied, single-family dwelling, the premises must be vacated by July 3, 2012 at 11:59 p.m.
Dated: December 15, 2011
Central Bank
Mortgagee
Jack W. Clinton, P.A.
Jack W. Clinton
539 Bielenberg Drive, Suite 200
Woodbury, MN 55125
651-389-9923
Attorney for Assignee of Mortgagee
12/28
Tags: public notices, foreclosures
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