Foreclosure
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: 09/23/2004
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $100,700.00
MORTGAGOR(S): Dale L. Louks and Bonjonette Louks, Husband and Wife; and Lanny R. Louks
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Heartland Home Finance, Inc.
DATE AND PLACE OF FILING: 10/12/2004 as Document Number A000326422 in the Office of the County Recorder, Steele County, Minnesota
ASSIGNMENT OF MORTGAGE: Assigned to Ventures Trust 2013-I-H-R by MCM Capital Partners, LLC its Trustee
DATE AND PLACE OF FILING: 03/05/2015 as Document Number A000401080 in the Office of the County Recorder, Steele County, Minnesota
TAX PARCEL I.D. NO.: 17-016-1153
LEGAL DESCRIPTION OF PROPERTY: Commencing Ten (10) rods West of the Southeast corner of Lot Four (4) of Lot Eighteen (18) in the Northeast Quarter (1/4) of Section Sixteen (16) in Township One Hundred and Seven (107) North of Range Twenty (20) West, running thence North Ten (10) rods, thence West Four and one-half (4 1/2) rods, thence South Ten (10) rods, thence East Four and one-half (4 1/2) rods to the place of beginning.
ABSTRACT
STREET ADDRESS OF PROPERTY: 240 Northview, Owatonna, MN 55060
COUNTY IN WHICH PROPERTY IS LOCATED: Steele
LENDER OR BROKER AND MORTGAGE ORIGINATOR: Heartland Home Finance, Inc.
RESIDENTIAL MORTGAGE SERVICER: BSI Financial Services Inc.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100311010000110412
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE AS OF THE DATE OF THIS NOTICE: $107,178.23
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 Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Steele County, Minnesota at public auction as follows:
DATE AND TIME OF SALE: 05/10/2016 at 10:00AM
PLACE OF SALE: Steele County Sheriff’s Office, 204 E. Pearl, Owatonna, MN 55060 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) or Mortgagor’s personal representatives or assigns is six months from the date of sale.
TIME AND DATE TO VACATE PROPERTY:
If the mortgage is not reinstated under Minn. Stat. §580.30 or redeemed under Minn. Stat. §580.23, the mortgagor must vacate the mortgaged property by 11:59 p.m. on 11/10/2016, or the next business day if 11/10/2016 falls on a Saturday, Sunday or legal holiday.
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 MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: 03/08/2016
Ventures Trust 2013-I-H-R by MCM Capital Partners, LLC its Trustee, Mortgagee/
Mortgage Assignee
Klatt, Odekirk, Augustine, Sayer, Treinen & Rastede, P.C., By Brian G. Sayer, Attorney for Mortgagee/Mortgage Assignee
925 E 4th St., Waterloo,
IA 50703
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
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