WASHINGTON COUNTY BANK, vs Emerald Valley Enterprises

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: April 26, 2005.

MORTGAGOR(S): EMERALD VALLEY ENTERPRISES, LLC, a Minnesota limited liability company.

MORTGAGEE: WASHINGTON COUNTY BANK, N.A., now known as PROSPERAN BANK.

DATE AND PLACE OF RECORDING: Recorded in the office of the Goodhue County Recorder on April 28, 2005 as Document No. A517890.

ASSIGNMENTS OF MORTGAGE: Said Mortgage was modified by that certain Modification of Mortgage dated October 10, 2007 and recorded in the office of the Goodhue County Recorder on October 18, 2007 as Document No. A549893. The Mortgagee’s interest in said Mortgage as modified was assigned to CLEMENT OPPORTUNITIES, LLC, an Iowa limited liability company, by Assignment dated May 16, 2008 and recorded in the office of the Goodhue County Recorder on June 19, 2008 as Document No. A556873.

MORTGAGED PREMISES ADDRESSES: 701, 801, 811, 820, 920, 921, 930, 931, 1000, 1000, 1010, 1011, 1021, 1031, and 1041 Golf Drive; 910, 920, 930, and 940 Golf Court; 460, 470, 480, 490, 510, 511, 520, 521, 530, 600, 610, 620, 630, and 640 Creek Side Drive; 410, 420, 430, 440, 460, 480, and 500 Clubhouse Drive; Wanamingo, Minnesota 55983. No address assigned to Lot 1, Block 3, Outlot A, and Outlot B, Emerald Valley Fourth Addition, or to Outlot C of Emerald Valley except that part platted to Emerald Valley Fourth Addition, according to the duly recorded plats thereof of file and of record in the office of the County Recorder, Goodhue County, Minnesota.

TAX PARCEL ID # R70-152-0010, R70-152-0020, R70-152-0030, R70-152-0040, R70-152-0050, R70-152-0060, R70-152-0070, R70-152-0080, R70-152-0090, R70-152-0100, R70-152-0110, R70-152-0120, R70-152-0130, R70-152-0140, R70-152-0150, R70-152-0160, R70-152-0170, R70-152-0180, R70-152-0190, R70-152-0200, R70-152-0210, R70-152-0220, R70-152-0230, R70-152-0240, R70-152-0250, R70-152-0260, R70-152-0270, R70-152-0280, R70-152-0290, R70-152-0300, R70-152-0310, R70-152-0320, R70-152-0330, R70-152-0340, R70-152-0350, R70-152-0360, R70-152-0370, R70-152-0380, R70-152-0390, R70-152-0400, R70-152-0410, R70-152-0420, R70-152-0430, R70-147-1080.

LEGAL DESCRIPTION OF MORTGAGED PREMISES: The legal description set forth in the original Mortgage was:

Outlot A, Outlot B, and Outlot C, Emerald Valley, according to the recorded plat thereof on file and of record in the office of the County Recorder, Goodhue County, Minnesota.

The present legal description of the property being foreclosed is:

Lots 1 - 27, Block 1;

Lots 1 - 13, Block 2;

Lot 1, Block 3;

Outlot A; and Outlot B;

all in Emerald Valley Fourth Addition; and

Outlot C, Emerald Valley, EXCEPT that part platted to Emerald Valley Fourth Addition; according to the duly recorded plats thereof on file and of record in the office of the County Recorder, Goodhue County, Minnesota.

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: Six Hundred Twenty-Five Thousand and 00/100 Dollars ($625,000.00).

AMOUNT CLAIMED TO BE DUE AS OF DATE OF NOTICE: $775,719.17.

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: February 29, 2012; at 10:00 a.m.

PLACE OF SALE: Sheriff of Goodhue County, Civil Division, Law Enforcement Center, 430 West Sixth Street, Red Wing, MN 55066;

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.

TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR’S PERSONAL REPRESENTATIVES OR ASSIGNS: Twelve (12) months from the date of said sale.

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: December 11, 2011CLEMENT OPPORTUNITIES, LLC

Mortgagee

Attorney for Mortgagee:

R. GLENN NORD & ASSOCIATES, P.A.

By:

R. Glenn Nord

Attorney for Mortgagee

20686 Holyoke Avenue

P.O. Box 427

Lakeville, MN 55044

(952) 469-4948

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR AND IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

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Tags: public notices, foreclosures