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 the conditions of the following described mortgage:
DATE OF MORTGAGE: May 6, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $153,784.00
MORTGAGOR(S): Lance E. Takkunen and Anna L. Takkunen, husband and wife
MORTGAGEE: Wells Fargo Bank, N.A.
DATE AND PLACE OF FILING: Filed May 9, 2005, Carlton County Recorder; Document No. A000391847
ASSIGNMENTS OF MORTGAGE: Assigned to: none
LEGAL DESCRIPTION OF PROPERTY:
Lot Six (6), Block Three (3), 1955 Sunnyside Addition to Cloquet, except that part of Lot 6, Block 3, 1955 Sunnyside Addition to the City of Cloquet, described as follows: Beginning at a point on the Westerly line of said Lot 6, said point being 26.5 feet Northerly of the Southwesterly corner of Lot 6; thence going Southerly 26.5 feet to the Southwesterly corner of Lot 6; thence going Easterly along the Southerly line of Lot 6 distance 97.0 feet; thence going Westerly 88.0 feet, more or less, to the point of beginning,
And
That part of Lot Seven (7), Block Three (3), 1955 Sunnyside Addition to the City of Cloquet, described as follows: Beginning at a point on the Easterly line of said Lot 7, said point being 11.5 feet Southerly of the Northeasterly corner of Lot 7; thence going Northerly 11.5 feet to the Northeasterly corner of Lot 7; thence going Westerly along the Northerly line of said Lot 7 distance 43.0 feet; thence going Easterly 42.0 feet, more or less, to the point of beginning.
STREET ADDRESS OF PROPERTY:
403 Dalewood Avenue, Cloquet, MN 55720-1205
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $166,213.77
THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;
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 25, 2011 at 10:00 a.m.
PLACE OF SALE: Carlton County Sheriff's office, 317 Walnut Avenue, Carlton, Minnesota
to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.
Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on April 25, 2012.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: LANCE E. TAKKUNEN AND ANNA L. TAKKUNEN
"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: August 29, 2011
WELLS FARGO BANK, N,A,
Mortgagee
REITER & SCHILLER, P.A.
By: /s/
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Leah K. Weaver, Esq.
Brian F. Kidwell, Esq.
Steven R. Pennock, Esq.
Attorneys for Mortgagee
25 North Dale Street
St. Paul, MN 55102-2227
(651) 209-9760
(E3956)
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
NOTICE OF MORTGAGE FORECLOSURE SALE FORECLOSURE DATA
Minn. Stat. ยง 580.025
(1) Street Address, City and Zip Code of Mortgaged Premises
403 Dalewood Avenue, Cloquet, MN 55720-1205
(2) Transaction Agent
Wells Fargo Bank, N.A.
(3) Name of Mortgage Originator (Lender)
Wells Fargo Bank, N.A.
(4) Residential Servicer
Wells Fargo 800-416-1472
(5) Tax Parcel Identification Number
06-365-0340
(6) Transaction Agent's Mortgage ID Number (MERS number)
none
Tags: legal notices, legals
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