NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: August 21, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $150,000.00
MORTGAGOR(S): Robert S. Holthe and Nancy A. Holthe, as husband and wife MORTGAGEE: The First State Bank of Red Wing
DATE AND PLACE OF RECORDING:
Recorded: August 28, 2006 Goodhue County Recorder
Document Number: A-536336
Transaction Agent: Not Applicable
Transaction Agent Mortgage Identification Number: Not Applicable Lender or Broker: The First State Bank of Red Wing Residential Mortgage Servicer: Red Wing Bank Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue Property Address: 1923 Gernentz Ln, Red Wing, MN 55066-3838 Tax Parcel ID Number: 55.200.0080
LEGAL DESCRIPTION OF PROPERTY: Lot 8 of Gernentz Addition, City of Red Wing, according to the plat thereof on file and of record in the Office of the County Recorder for the County of Goodhue, State of Minnesota.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $145,316.60
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: August 12, 2009 at 10:00 AM
PLACE OF SALE: Main Lobby, Law Enforcement Center, 430 W. Sixth Street, Red Wing,
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.
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: May 05, 2009
MORTGAGEE: The First State Bank of Red Wing
Wilford & Geske, P.A.
Attorneys for Mortgagee
Lawrence A. Wilford
James A. Geske8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
File Number: 001095F01
(May 5, 12, 19, 26, June 2,9)