Terry L. Erickson, foreclosure

Published 11:24am Wednesday, May 29, 2013

(First Publication
May 24, 2013)

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:
October 14, 2003

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $88,000.00

MORTGAGOR(S): Terry L. Erickson, an unmarried person

MORTGAGEE: Northwestern Bank, N.A., a Minnesota Corporation

DATE AND PLACE OF FILING: Recorded on October 16, 2003 in the Office of the Otter Tail County Recorder as Document Number 941755.

ASSIGNMENTS OF MORTGAGE: Assigned to: Washington Mutual Bank, FA, a Federal Savings Bankby written assignment recorded on January 5, 2004 as Document Number 946648 in the Office of the County Recorder of Otter Tail County, Minnesota; thereafter assigned to Wells Fargo Bank, N.A. by written assignment recorded on February 9, 2007 as Document Number 1013987 in the Office of the County Recorder of Otter Tail County, Minnesota.

LEGAL DESCRIPTION OF PROPERTY:
The E1/2 of W1/2 of SE1/4 of SE1/4 of Section 14, Township 136, Range 44

STREET ADDRESS OF PROPERTY:
14865 430TH ST, PELICAN RAPIDS, MN 56572-7205

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: $84,414.68

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: July 18, 2013 at 10:00 AM

PLACE OF SALE: Otter Tail County Sheriff`s office, County Courthouse, 121 West Junius, 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 January 21, 2014.

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: May 21, 2013

WELLS FARGO BANK, N.A.
Mortgagee

SCHILLER & ADAM, P.A.
By:                   /s/
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Steven R. Pennock, Esq.
Curt N. Trisko, Esq.
Jeffrey D. Klobucar, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(13-2057-FC01)

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
14865 430TH ST
PELICAN RAPIDS, MN 56572-7205
(2)  Transaction Agent    Northwestern Bank, N.A., a Minnesota Corporation
(3)   Name of Mortgage Originator (Lender)    Northwestern Bank, N.A., a Minnesota Corporation
(4) Residential Servicer    Wells Fargo Bank, N.A.
(5)  Tax Parcel Identification Number    42000140138002
(6)  Transaction Agent`s Mortgage ID Number (MERS number) None

Publication Dates:
May 24, 31, June 7, 14, 21, 28, 2013.

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