The Fergus Falls Daily Journal

(First Publication
June  19, 2012)

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:
April 25, 2003

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $76,500.00

MORTGAGOR(S):  Joseph A. Balcer, an unmarried man

MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Rate One Home Loans, a Delaware corporation

DATE AND PLACE OF FILING: Filed May 22, 2003, Otter Tail County Recorder; Document No. 928756
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A.

LEGAL DESCRIPTION OF PROPERTY:
Lot 9, Block 5, Pentagon Garden Estates of Perham

STREET ADDRESS OF PROPERTY:
640 7th Street NE, Perham, MN 56573

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: $79,311.79

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: August 9, 2012 at 10:00a.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.

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 February 11, 2013.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE

“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:  June 14, 2012

WELLS FARGO BANK, N.A.
Mortgagee

REITER & SCHILLER, P.A.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Brian F. Kidwell, Esq.
Steven R. Pennock, Esq.
Attorneys for Mortgagee
25 North Dale Street
St. Paul, MN  55102-2227
(651) 209-9760
(E0718)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

NOTICE OF MORTGAGE FORECLOSURE SALE
FORECLOSURE DATA
Minn. Stat. § 580.025

(1)  Street Address, City and Zip Code of Mortgaged Premises
640 7th Street NE, Perham, MN 56573
(2)  Transaction Agent
Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Rate One Home Loans, a Delaware corporation
(3)   Name of Mortgage Originator (Lender)
Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Rate One Home Loans, a Delaware corporation
(4) Residential Servicer    Wells Fargo
(800) 416-1472
(5)  Tax Parcel Identification Number
77000991130000
(6)  Transaction Agent’s Mortgage ID Number (MERS number)    100076030100199706

Publication dates:
June 19, 26, July 3, 10, 17, 24, 2012