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.
Date: November 5, 2012
NOTICE IS HEREBY GIVEN THAT:
Default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: May 26, 1999
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $182,055.63
MORTGAGOR(S): Richard A. White and Lisa White
MORTGAGEE: Frandsen Bank & Trust, as successor in interest to Queen City Federal Savings Bank by reason of acquisition and merger, as successor in interest to State Bank of Tower by reason of acquisition and merger
DATE AND PLACE OF FILING: June 2, 1999, in the office of the Carlton County Recorder, as Document No. 333348, as amended and modified of record
ASSIGNMENTS OF MORTGAGE: N/A
LEGAL DESCRIPTION OF PROPERTY: THE WESTERLY 17 1/3 FEET OF THE NORTHERLY 110 FEET OF LOT FIVE (5), BLOCK EIGHT (8), VILLAGE OF CARLTON, FORMERLY N.P. JUNCTION AND THE EASTERLY 14 2/3 FEET OF THE NORTHERLY 110 FEET OF LOT SIX (6), BLOCK EIGHT (8), VILLAGE OF CARLTON, FORMERLY N.P. JUNCTION
THE NORTHERLY 110 FEET OF LOT SIX (6), BLOCK EIGHT (8), N.P. JUNCTION, NOW VILLAGE OF CARLTON, EXCEPT THE EASTERLY 14 2/3 FEET AND EXCEPT THE WEST 1 FOOT OF THE NORTH 72 FEET
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
STREET ADDRESS, CITY AND ZIP CODE OF MORTGAGED PREMISES: 214 Chestnut Ave., Carlton, MN 55718
TRANSACTION AGENT; RESIDENTIAL MORTGAGE SERVICE; AND LENDER OR BROKER: Frandsen Bank & Trust f/k/a Queen City Federal Savings Bank f/k/a State Bank of Tower
TAX PARCEL IDENTIFICATION NUMBER(S): 15-010-0980
TRANSACTION AGENT'S MORTGAGE ID NUMBER (MERS NUMBER): None
NAME OF MORTGAGE ORIGINATOR: State Bank of Tower
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $119,406.46
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 Carlton County as follows:
DATE AND TIME OF SALE: December 27, 2012 at 10:00 a.m.
PLACE OF SALE: Carlton County Sheriff's Office, 317 Walnut Avenue, Carlton, MN 55718
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), the mortgagor(s)' personal representatives or assigns is twelve (12) months from the date of sale, unless reduced to five (5) weeks under Minnesota Statutes §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property, if the mortgage is not reinstated under Minnesota Statutes §580.30 or the property is not redeemed under Minnesota Statutes §580.23, is 11:59 p.m. on December 27, 2013.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: Lisa White
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR(S), 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.
FRANDSEN BANK & TRUST f/k/a Queen City Federal Savings Bank f/k/a State Bank of Tower
By: /s/ Paul Loraas
Paul A. Loraas, #249592
Fryberger, Buchanan, Smith & Frederick, P.A.
302 West Superior St., Suite 700
Duluth, MN 55802
THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.