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: April 17, 2003
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $110,250.00
MORTGAGOR(S): Michael A. Herd and Kristine M. Herd, husband and wife
MORTGAGEE: Wells Fargo Home Mortgage, Inc., a California corporation, n/k/a Wells Fargo Bank, N.A., successor by merger to Wells Fargo Home Mortgage, Inc.
DATE AND PLACE OF FILING: Filed April 28, 2003, Sibley County Registrar of Titles; Document No. T-16998 and memorialized upon Certificate of Title No. 4738.0
ASSIGNMENTS OF MORTGAGE: Assigned to: None
LEGAL DESCRIPTION OF PROPERTY: Lot Number Ten (10) and the West 10 feet of Lot Number Eleven (11) of Lakeside Acres, being a subdivision of part of Government Lot Three (3) in Section 28, Township 113, Rge. 28
STREET ADDRESS OF PROPERTY:
720 Lakeside Drive,
Gaylord, MN 55334
COUNTY IN WHICH PROPERTY IS LOCATED: Sibley County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $71,594.79
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: November 17, 2010 at 10:00 a.m.
PLACE OF SALE: Sibley County Sheriff’s office, 319 Park Avenue, Gaylord, 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 twelve (12) 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 November 17, 2011.
“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: September 15, 2010
WELLS FARGO BANK, N.A.
REITER & SCHILLER, P.A.
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.
Attorneys for Mortgagee
25 North Dale Street
St. Paul, MN 55102-2227
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Publish Sept. 23, 30, Oct. 7, 14, 21, 28, 2010