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NOTICE OF MORTGAGE FORECLOSURE SALE

Wednesday, July 22, 2009 - 2:37pm

NOTICE OF MORTGAGE FORECLOSURE SALE

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.

NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:

DATE OF MORTGAGE: July 15, 2005

MORTGAGORS: Brent C. Bolland and Alican A. Bolland, husband and wife.

MORTGAGEE: The First National Bank in Cannon Falls n/k/a Merchants Bank, N.A.

DATE AND PLACE OF RECORDING: Recorded August 4, 2005, Goodhue County Recorder, Document No. A 521826.

ASSIGNMENTS OF MORTGAGE:NONE

TRANSACTION AGENT: NONE

TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: The First National Bank in Cannon Falls n/k/a Merchants Bank, N.A.

RESIDENTIAL MORTGAGE SERVICER: Merchants Bank, N.A.

MORTGAGED PROPERTY ADDRESS: 1043 Sturtevant Street, Red Wing, MN 55066

TAX PARCEL I.D. #: 55-300-0260

LEGAL DESCRIPTION OF PROPERTY:

Lot 17, Block 3, of Institute Addition to the City of Red

Wing, Goodhue County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $135,600.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $114,796.57-

That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; 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: October 28, 2009 at 10:00 AM

PLACE OF SALE: Sheriff's Office, Main Lobby of the Law Enforcement Center, 430 West 6th Street, Red Wing, MN to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys' 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 ON MORTGAGE:None

" 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: July 6, 2009.

Merchants Bank, N.A. Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.

Paul A. Weingarden

Attorneys for Mortgagee/Assignee of Mortgagee 4500 Park Glen Road #300 Minneapolis, MN 55416 (952) 925-6888 94-272

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

(July 22, 29, Aug. 5, 12, 19, 26)


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