NOTICE OF MORTGAGE
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 the conditions of a mortgage dated April 21, 2016, executed by Kendel J. Simon and Kristine M. Simon as mortgagor(s) to 1st United Bank as mortgagee in the original or maximum principal amount of One Hundred Fourty Thousand and 00/100 ($140,000.00) Dollars, recorded with the Goodhue County Recorder, State of Minnesota, on April 28, 2016, as doc. no. A-629861; that there has been compliance with all notice provisions and conditions precedent as required by law; that no action or proceeding has been instituted at law to recover any part of the debt secured by said mortgage;
That the mortgagee or assignee has elected to declare the entire sum secured by the mortgage to be immediately due and payable as provided in the Note and Mortgage;
That there is claimed to be due thereon the sum of One Hundred Thirty-Nine Thousand Four Hundred Ten and 45/100 ($139,410.45) 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 5, Block 1 Wazuweeta Woods
Property address: 538 6th Street Southwest, Pine Island, Minnesota 55963
Parcel I.D. #: 68.670.0050
Transaction Agent: N/A
Transaction agent's Mortgage Identification Number: N/A
Mortgage Originator: 1st United Bank
will be sold by the sheriff of said county at public auction on May 8, 2019, at 10:00 a.m., at the Goodhue County 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 November 8, 2019 (if that date is a Saturday, Sunday or holiday, then the date to vacate is the next date thereafter which is not a Saturday, Sunday or holiday), 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.
Notice Pursuant to the Fair Debt Collection Practices Act. This communication is from a debt collector and is an attempt to collect a debt. Any information obtained will be used for that purpose.
Dated: March 22, 2019
1st United Bank, Mortgagee
Ralph L. Moore, GISLASON & HUNTER LLP, Attorneys for Mortgagee, 701 Xenia Avenue S., #500, Minneapolis, MN 55416 (763) 225-6000
03/23/19 - 04/27/19