NOTICE OF MORTGAGE
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of a mortgage dated February 27, 2003, executed by Brian E. Reich and Deanna M. Reich, as mortgagor(s) to Associated Bank Minnesota, N.A. as mortgagee in the original principal amount of One Hundred Forty-nine Thousand Six Hundred ($149,600.00) Dollars, recorded with the Goodhue County Recorder, State of Minnesota, on March 7, 2003, as doc. no. 481925; that all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law to recover any part of the debt secured by said mortgage; that there is claimed to be due thereon the sum of One Hundred Twenty-five Thousand Two Hundred Eighty-eight and 51/100 ($125,288.51) Dollars on this date; and that pursuant to the power of sale therein the mortgage will be foreclosed and the property in Goodhue County, Minnesota, described as follows:
Lot Five (5), Block Two (2), Meyerhofer Second Subdivision, Goodhue County, Minnesota.
Property address: 202 Gerken Drive, Zumbrota, MN 55992
Parcel I.D. #: 72.412.0270
will be sold by the sheriff of said county at public auction on August 21, 2013, at 10:00 o'clock A.M. at Sheriff's Office, Law Enforcement Center, 430 West Sixth Street, Red Wing, Minnesota, to pay the debt secured by the mortgage, including costs and attorneys' fees allowed by law subject to redemption by the mortgagor(s), their heirs or assigns, within six (6) months from the date of sale. The mortgagor(s) must vacate the property on or before 11:59 p.m. on February 21, 2014, if (i) the mortgage is not reinstated under §580.30, or (ii) the property is not redeemed under §580.23.
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: June 18, 2013 Associated Bank, National Association, successor by merger to Associated Bank Minnesota, N.A., Mortgagee
Ralph L. Moore, STEIN & MOORE, P.A., Attorneys for Mortgagee, 332 Minnesota Street, #W-1650
St. Paul, MN 55101 (651) 224-9683