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: May 30, 2019
YOU ARE NOTIFIED that default has occurred in the conditions of the following described Mortgage:
DATE OF MORTGAGE: September 24, 2010.
MORTGAGOR: Alan R. Alaspa, a single person.
MORTGAGEE: CornerStone State Bank, a Minnesota corporation, 1516 Cloquet Avenue, Cloquet, Minnesota 55720.
RECORDING INFORMATION: Recorded on October 6, 2010 as Document No. A000433455 in the Office of the County Recorder in and for Carlton County, Minnesota.
ASSIGNMENTS OF MORTGAGE, IF ANY: None.
TAX PARCEL IDENTIFICATION NUMBER OF THE MORTGAGED PREMISES: 06-710-0100.
LEGAL DESCRIPTION OF THE MORTGAGED PREMISES:
Lot 5, Block 1, NOISEAU'S SUBDIVISION, according to the plat thereof on file and of record in the office of the county recorder in and for Carlton County, Minnesota.
THE PHYSICAL STREET ADDRESS, CITY, AND ZIP CODE OF THE MORTGAGED PREMISES: 1286 1/2 Robert Street, Cloquet, Minnesota 55720.
The person holding the Mortgage is not a transaction agent, as defined by Minn. Stat. 58.02, subd. 30.
The name of the residential mortgage servicer and the lender or broker, as defined in Minn. Stat. 58.02, is CornerStone State Bank, 1516 Cloquet Avenue, Cloquet, Minnesota 55720.
If stated on the Mortgage, the name of the mortgage originator, as defined in Minn. Stat. 58.02, is CornerStone State Bank, 1516 Cloquet Avenue, Cloquet, Minnesota 55720.
Prior to the commencement of this mortgage foreclosure proceeding, mortgagee has complied with all notice requirements required by statute or contract and satisfied the requisites of Minn. Stat. 580.02.
THE ORIGINAL PRINCIPAL AMOUNT SECURED BY THE MORTGAGE WAS $150,690.00.
AT THE DATE OF THIS NOTICE THE AMOUNT DUE ON THE MORTGAGE, INCLUDING TAXES, IF ANY, PAID BY THE HOLDER OF THE MORTGAGE, IS $151,127.63.
Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Carlton County, Minnesota, at public auction on July 23, 2019, at 10:00 a.m., at the Carlton County Sheriff's Office, 317 Walnut Avenue, Carlton, Minnesota 55718.
The time allowed by law for redemption by Mortgagor or Mortgagor's personal representatives or assigns is six (6) months after the date of sale.
Minn. Stat. 580.04(b) provides, "If the real estate is an owner-occupied, single-family dwelling, the notice must also specify the date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under section 580.30 or the property redeemed under section 580.23." If this statute applies, the time to vacate the property is 11:59 p.m. on January 23, 2020. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is 11:59 p.m. on the next business day.
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.
Name of Mortgagee or Mortgage Assignee: CORNERSTONE STATE BANK
Name and address of Attorney for Mortgagee or Mortgage Assignee:
/s/ Curt N. Trisko
Rudy Law Firm
813 Cloquet Avenue
Cloquet, Minnesota 55720
Pine Journal: June 6, 13, 20, 27, July 4 & 11, 2019 #2761533