Legal – First Publication Jan. 5, 2007

Published 5:26pm Friday, January 5, 2007
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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: January 8, 2004

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $252,800.00

MORTGAGOR(S): Gary A. Loftsgard and Deborah R. Loftsgard, as joint tenants

MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation

DATE AND PLACE OF FILING: Filed September 28, 2004, Otter Tail County Recorder; Document No. 963084

ASSIGNMENTS OF MORTGAGE: Assigned to: none

LEGAL DESCRIPTION OF PROPERTY:

Lot Four (4), Block One (1) of Oakview Heights

COUNTY IN WHICH PROPERTY IS LOCATED: Otter Tail County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $249,979.61

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: March 8, 2007 at 10:00 a.m.

PLACE OF SALE: Otter Tail County Sheriff’s office, County Courthouse, 121 West Junius Avenue, Fergus Falls, 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.

“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: January 2, 2007

MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC.

Mortgagee

REITER & SCHILLER, P.A.

By:/s/ Thomas J. Reiter

Thomas J. Reiter, Esq.

Rebecca F. Schiller, Esq.

Attorneys for Mortgagee

25 North Dale Street, 2nd Floor

St. Paul, MN 55102-2227

(651) 209-9760

Attorney Reg. No. 152262

(W0412)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

Publication Dates: January 5, 12, 19, 26 and February 2 and 9, 2007

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