AgStar Financial Services, FLCA. vs Stuhr

NOTICE OF MORTGAGE

FORECLOSURE SALE

Date: July 17, 2012

YOU ARE NOTIFIED THAT default has occurred in the conditions of the following described Mortgage:

INFORMATION REGARDING MORTGAGE TO BE FORECLOSED

1.The Mortgagor is Terry L. Stuhr, a single man.

2.The Mortgagee is AgStar Financial Services, FLCA.

3.The Mortgage is dated December 20, 2007, and was recorded in the office of the County Recorder of Goodhue County, Minnesota, on December 20, 2007, as Document Number A 551683.

4.The Mortgage has not been assigned.

INFORMATION REGARDING MORTGAGED PREMISES

5.The tax parcel identification numbers of the mortgaged premises 32.033.0503 and 32.033.0400.

6.The legal description of the mortgaged premises is:

That part of the West Half of the Southeast Quarter and that part of the East Half of the Southwest Quarter all in Section 33, Township 112, Range 13, Goodhue County, Minnesota, described as follows:

Commencing at the South Quarter corner of said Section 33; thence North 89 degrees 52 minutes 32 seconds East (HARN adjustment of the 1983 Goodhue County Coordinate System) along the south line of said West Half of the Southeast Quarter 784.65 feet to the point of beginning of the land to be described; thence North 0 degrees 07 minutes 28 seconds West 650.16 feet; thence South 89 degrees 52 minutes 32 seconds West 832.76 feet; thence North 0 degrees 07 minutes 28 seconds West 1166.65 feet; thence South 89 degrees 52 minutes 32 seconds West 328.41 feet to the east line of the West 959.63 feet of said East Half of the Southwest Quarter; thence North 0 degrees 34 minutes 43 seconds West along said east line 809.14 feet to the north line of said East Half of the Southwest Quarter; thence North 89 degrees 45 minutes 30 seconds East along said north line of the East Half of the Southwest Quarter and the north line of said West Half of the Southeast Quarter 1683.57 feet to the northeast corner of said West Half of the Southeast Quarter; thence South 0 degrees 29 minutes 24 seconds East along the east line of said West Half of the Southeast Quarter 2629.43 feet to the southeast corner of the said West Half of the Southeast Quarter; thence South 89 degrees 52 minutes 32 seconds West along said south line of the West Half of the Southeast Quarter 532.75 feet to the point of beginning.

AND

East Half of the Southeast Quarter, Section 33, Township 112, Range 13, Goodhue County, Minnesota.

Subject to existing highways, easements and rights of way of record.

7.The physical street address, city, and zip code of the mortgaged premises is 32829 340th Street, Lake City, Minnesota 55041.

OTHER FORECLOSURE DATA

8.This Mortgage is not a residential mortgage loan within the meaning of the Minnesota Residential Mortgage Originator and Servicer Licensing Act. Accordingly, there is no transaction agent, residential mortgage servicer, lender, broker, or residential mortgage originator.

9.If stated on the Mortgage, the name of the mortgage originator, as defined by the Minnesota Residential Mortgage Originator and Servicer Licensing Act, is AgStar Financial Services, FLCA.

INFORMATION REGARDING FORECLOSURE

10. The requisites for foreclosure under the Minnesota Statutes on foreclosure by advertisement have been satisfied.

11. The original principal amount secured by the Mortgage was $508,500.00.

12. At the date of this Notice, the amount due on the Mortgage, including taxes (if any), paid by the holder of the Mortgage, is $538,455.10.

13. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the Sheriff of Goodhue County, Minnesota, will sell the mortgaged premises at public auction on September 12, 2012, at 3:00 p.m., at the Goodhue County Sheriff’s Office in the Goodhue County Law Enforcement Center, 430 West Sixth Street, in the City of Red Wing, Minnesota.

14. The time allowed by law for redemption by the Mortgagor or the personal representatives or assigns of the Mortgagor is 12 months after the date of sale.

15. If the real estate is an owner-occupied single-family dwelling, the time to vacate the property if the Mortgage is not reinstated under Minnesota Statutes, section 580.30, or if the property is not redeemed under Minnesota Statutes, section 580.23, is 11:59 p.m. on the 12th day of September, 2013.

THIS COMMUNICATION IS FROM A DEBT COLLECTOR.

AgStar Financial Services, FLCA, Mortgagee

DUNLAP & SEEGER, P.A.

By: s/ Paul W. Bucher

Paul W. Bucher

Attorney Registration No. 123237

Attorneys for Mortgagee

206 South Broadway, Suite 505

Post Office Box 549

Rochester, Minnesota 55903-0549

Telephone: (507) 288-9111

7/28-9/1

Tags: public notices, foreclosures