Fair / 57° F
Patrick M. Simmons, forclosure
Published 3:17pm Friday, February 3, 2012(First Publication January 31, 2012)
NOTICE OF MORTGAGE FORECLOSURE SALE
DATE:
January 27, 2012
YOU ARE NOTIFIED that default has occurred in the conditions of the following described
Mortgage:
INFORMATION REGARDING MORTGAGE TO BE FORECLOSED
1. Date of Mortgage: August 10, 2005
2. Mortgagors: Patrick M. Simmons, a single person
3. Mortgagees: Wadena State Bank
4. Recording Information:
Recorded on September 28, 2005, as Document Number 984854, in the Office of the County Recorder of Otter Tail County, Minnesota. Modification of Mortgage dated December 11, 2009, and recorded December 14, 2009, as Document Number 1067853.
5. Assignments of Mortgage, if any: N/A
NFORMATION REGARDING MORTGAGED PREMISES
6. Tax parcel identification number of the mortgaged premises: 74-000-14-0024-004
7. Legal description of the mortgaged premises:
That part of the Northeast Quarter of the Northwest Quarter in Section 14, Township 134, North, Range 39 West of the Fifth Principal Meridian in Otter Tail County, Minnesota, described as follows:
Commencing at a found iron monument which designates the north quarter corner of said Section 14; thence North 89 degrees 46 minutes 34 seconds West 43.34 feet on an assumed bearing along
the north line of said Section 14 to the point of beginning; thence continuing North 89 degrees 46 minutes 34 seconds West 149.38 feet along the north line of said Section 14 to a found iron monument; thence South 00 degrees 13 minutes 26 seconds West 80.64 feet to a found iron monument; thence continuing South 00 degrees 13 minutes 26 seconds West 64.08 feet to a found iron monument; thence South 49 degrees 18 minutes 31 seconds East 202.62 feet to an iron monument; thence North 00 degrees 45 minutes 48 seconds West 195.26 feet to an iron monument hereinafter referred to as Point B; thence continuing North 00 degrees 45 minutes 48 seconds West 81.01 feet to the point of beginning. The above described tract contains 0.73 acres.
SUBJECT TO Trunk Highway No. 108 right of way easement over, under, and across that part of the above tract described as follows:
Beginning at an iron monument at the aforementioned Point B; thence North 00 degrees 45 minutes 48 seconds West 81.01 feet to the north line of said Section 14; thence North 89 degrees 46 minutes 34 seconds West 149.38 feet along the north line of said Section 14 to a found iron monument; thence South 00 degrees 13 minutes 26 seconds West 80.64 feet to a found iron monument; thence South 89 degrees 38 minutes 35 seconds East 150.78 feet to the point of beginning of said Trunk Highway No. 108 right of way easement.
Together with all hereditaments and appurtenances belonging thereto, subject to the following exceptions: Easements of record.
8. The physical street address, city, and zip code of the mortgaged premises: 237 Main Street,
Ottertail, MN 56571.
OTHER FORECLOSURE DATA
9. The person holding the Mortgage:is a is not a transaction agent, as defined by Minn. Stat. 58.02, subd. 30. The name(s) of the residential mortgage servicer and the lender or broker, as defined in Minn. Stat. 58.02, is Wadena State Bank.
10. If stated on the Mortgage, the name of the mortgage originator, as defined in Minn. Stat. 58.02,
is Wadena State Bank.
INFORMATION REGARDING FORECLOSURE
11. The requisites of Minn. Stat. 580.02 have been satisfied.
12. The original principal amount secured by the Mortgage was $33,000.00.
13. At the date of this notice the amount due on the Mortgage, including taxes, if any, paid by the
holder of the Mortgage, is: $25,671.49.
14. 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 Otter Tail County, Minnesota, at public auction on March 15, 2012, at 10:00 a.m. at the north door of the Otter Tail County Courthouse, 121 West
Junius Avenue, Fergus Falls, Minnesota 56537.
15. The time allowed by law for redemption by Mortgagor or Mortgagor’s personal representatives or assigns is 6 months after the date of sale.
Name of Mortgagee or Mortgage Assignee:
Wadena State Bank
PO Box 276
Deer Creek, MN 56527
Name and address of Attorney for Mortgagee or Mortgage Assignee:
Matthew S.
Van Bruggen
Kennedy, Nervig, Carlson
& Van Bruggen, LLP
503 Jefferson Street S.
PO Box 647
Wadena, MN 56482
218-631-2505
Publication Dates: January 31,
February 7, 14, 21, 28, March 6, 2012.
