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Mortgage Foreclosure

Prestegard


 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. YOU ARE 
HEREBY NOTIFIED THAT: 

1. Default has occurred in the conditions of the mortgage dated October 14, 2011, executed by Kevin E. 
Prestegard, a single person, as Mortgagor(s), to Wells Federal Bank, fsb a federally 
chartered savings bank, as Mortgagee(s), and filed for record October 19, 2011, in the Office of the County Recorders, Steele County, Minnesota as document number A380702. 

2. The Mortgage has been assigned as follows: n/a. 

3. The maximum principal amount secured by the 
Mortgage was: $20,000.00. 

4. No action or proceeding at law is now pending to recover the debt secured by the Mortgage, or any part thereof. 

5. The holder of the 
Mortgage has complied with all conditions precedent to acceleration of the debt 
secured by the Mortgage and foreclosure of the Mortgage, and all notice and other requirements of applicable statutes. 

6. At the date of this notice, the amount due on the 
Mortgage, and taxes, if any, paid by the holder of the Mortgage is: $26,653.46. 

7. Pursuant to the power of sale in the Mortgage, the 
Mortgage will be foreclosed, and the land located in Steele County, Minnesota and described as follows: 
All that part of the Northeast Quarter of the Southwest 
Quarter of Section 15, Township 107 North, Range 20 West, Steele County, Minnesota, described by: Beginning at the Southwest Corner of Lot 4, Alexander, Buxton, and Schoeneman 
Addition, Owatonna, Minnesota; thence North 0 degrees 02 minutes West, assumed bearing, 66 feet along the West line of 
said Lot 4; thence North 89 degrees 45.5 minutes West 188 feet along a boundary line of said Lot 4 and its 
extension to the centerline of Austin Road; thence South 31 degrees 39.25 
minutes East 77.74 feet along said centerline to the Northwest corner of Kast’s Addition to City of 
Owatonna, Minnesota; 
thence South 89 degrees 45.5 minutes East 147.24 feet along the North line of said Kast’s Addition to 
beginning; Subject to a 
public street easement along the Westerly 33 feet 
thereof. will be sold by the sheriff of Steele County, Minnesota at public 
auction on Thursday, August 18, 2022 at 10:00 o’clock a.m., at the Steele County Sheriff’s Office, Law 
Enforcement Center, 204 
E. Pearl Street, Owatonna, MN 55060. 

8. The time allowed by law for redemption by the Mortgagor, the Mortgagor’s personal representatives or assigns is 6 months 
after the date of sale. 

9. 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. 

10. Unless the mortgage is reinstated or the property 
redeemed, or unless the time for redemption is 
reduced by judicial order, the mortgagor and/or its assigns must vacate the property by 11:59 p.m. on February 18, 2023, or the next business day if the forgoing date falls on a Saturday, Sunday or legal holiday. 

11. In order to comply with Minn. Stat. Section 580.025, 
the undersigned hereby states that the following information is correct to the best of its knowledge: 
(a) The street address and tax identification number of the mortgaged property: 
 1173 Austin Road 
 Owatonna, Minnesota 55060 
 Tax Identification Number: 
 17-015-3111 
 
(b) Transaction agent and transaction agent’s mortgage identification number: N/A 
 (c) Residential mortgage servicer, broker and/or originator: 
N/A 
(d) Lender: Wells Federal Bank, fsb a Federally 
chartered savings bank. 
 
12. This is an attempt to collect a debt and any 
information obtained will be used for that purpose. 

Dated: June 17, 2022 
Citizens Community 
Federal, N.A. successor by merger with Wells Federal Bank, fsb, a Federally 
chartered savings bank 

By:_/s/ David A. Lutz 
David A. Lutz 
Attorney for Mortgagee 
120 South 6th Street, Suite 1515 
Minneapolis, MN 55402 
612-424-2110 
7.6T

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