NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described Mortgage:
DATE OF MORTGAGE: January 18, 2013 ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $288,000.00
MORTGAGOR(S): Jon F. Berscheid and Andrea J. Berscheid, husband and wife
MORTGAGEE: Republic Bank & Trust Company, a Kentucky corporation
DATE AND PLACE OF RECORDING: Recorded in the Wright County
Recorders Office, on February 8, 2013, as Document No. A1227917
Transaction Agent: Not Applicable
Transaction Agent Mortgage Identification Number: Not Applicable
Residential Mortgage Servicer: Not Applicable
Mortgage Originator: Not Applicable
Lender or Broker: Not Applicable
LEGAL DESCRIPTION OF PROPERTY:
The North Half of the Northwest Quarter of the Southwest Quarter
of the Southeast Quarter of Section 31, Township 122, Range 25,
Wright County, Minnesota
Property Address: 12228 Aetna Avenue N.E., Monticello, Minnesota 55362
Tax Parcel ID No.: 213-200-314302
COUNTY IN WHICH PROPERTY IS LOCATED: Wright
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $288,189.74
THAT all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law or otherwise to recover the debt secured by said Mortgage, or any part thereof; 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: October 30, 2013, at 10:00 A.M.
PLACE OF SALE: Wright County Sheriffs Office, Law Enforcement Center, 3800 Braddock Avenue NE, Buffalo, Wright County, Minnesota, to pay the debt secured by said Mortgage and taxes, if any, on said premises and the costs and disbursements, including attorneys fees, allowed by law, subject to redemption within six (6) months from the date of said sale by the mortgagor(s), its successors or assigns.
The Mortgagors must vacate the above-described real property on or before 11:59 p.m. on April 30, 2014, if the Mortgage is not reinstated under Minn. Stat. 580.30 or the property redeemed under Minn. Stat. 580.23.
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE (5) WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES 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 6, 2013
Republic Bank & Trust Company
By: Heley, Duncan & Melander, PLLP
Attorneys for Mortgagee
By /s/ Katherine M. Melander
8500 Normandale Lake Boulevard
Minneapolis, Minnesota 55437
09/12/13 Berscheid Foreclosure