NOTICE OF MORTGAGE FORECLOSURE SALE
Date: May 11, 2011
YOU ARE NOTIFIED THAT:
1. Default has occurred in the conditions of the Mortgage dated August 20, 2007, executed by William N. Maki a/k/a William Maki and Janet Maki a/k/a Janet R. Maki, husband and wife, as joint tenants, as Mortgagors, to Wells Fargo Financial Minnesota, Inc., as Mortgagee, and filed for record September 4, 2007, as Document No. A000412275, in the office of the County Recorder of Carlton County, Minnesota. The land described in the Mortgage is not registered land.
2. The original principal amount secured by the Mortgage was $126,819.92.
3. No action or proceeding at law is now pending to recover the debt secured by the Mortgage, or any part thereof.
4. No mortgagor has been released from financial obligation on the mortgage.
5. The holder of the Mortgage has complied with all conditions precedent to acceleration of the debt secured by the Mortgage and foreclosure of the Mortgage, and all notice and other requirements of applicable statutes.
6. At the date of this notice the amount due on the Mortgage, and taxes, if any, paid by the holder of the Mortgage is $132,587.03.
7. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land described as follows:
Legal Description: West One-half of Lot 1 and the West One-half of Lot 2, Block 3, White's Second Addition to Scanlon, according to the plat thereof on file and of record in the Office of the County Recorder in and for Carlton County, Minnesota.
will be sold by the Sheriff of Carlton County, Minnesota, at public auction on July 12, 2011 at 10:00 a.m. at the office of the Carlton County Sheriff, 317 Walnut Street, Carlton, MN 55718.
8. The mortgagor must vacate the property on or before 11:59 p.m. January 12, 2012, if the mortgage is not reinstated under Minn. Stat. Sec. 580.30, the property is not redeemed under Minn. Stat. Sec. 580.23, or the redemption period is not reduced under section 582.032.
9. The time allowed by law for redemption by Mortgagors or Mortgagors' personal representatives or assigns is 6 months after the date of sale.
10. 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.
11. 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. THIS IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Foreclosure Data required by Minn. Stat. Sec. 580.025
1. Property Address: 2802 Jefferson Avenue, Cloquet, MN 55720
2. Transaction Agent: Not Applicable
3. Name of Mortgage Originator (Lender): Wells Fargo Financial Minnesota, Inc.
4. Residential Servicer: Wells Fargo Financial Minnesota, Inc.
5. Tax Parcel Identification Number: 23-450-0520
6. Transaction Agent's Mortgage ID Number: Not Applicable
Wells Fargo Financial Minnesota, Inc.
Attorneys for Mortgagee
Charles E. Sloane
STEPHENSON, SANFORD & THONE, P.L.C.
Suite 220, 1905 East Wayzata Boulevard
Wayzata, MN 55391
(952) 404-2100
15-0327
Tags: legal notices, legals
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