Mortgage 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.
Date: January 7, 2025
YOU ARE NOTIFIED THAT:
1.Default has occurred in the conditions of that certain Mortgage that was executed by and between Joye Stallman, as
Mortgagor, and United Prairie Bank, as
Mortgagee, dated June 6, 2018 and recorded, as document number A000418631, on June 11, 2018 with the Office of the County Recorder in and for Steele County, Minnesota.
2. The Mortgage has been assigned as follows: n/a
3. The maximum
principal amount secured by the Mortgage was: $54,500.00
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 with all notice and other
requirements of
applicable statutes.
6. As of the date of this notice, the amount due on the Mortgage, and taxes, if any, paid by the holder of the Mortgage is: $54,836.37.
7.Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed on the real property legally described as follows:
THE WEST ONE-HALF (W 1/2) OF THE WEST ONE-HALF (W 1/2) OF THE NORTH ONE-HALF (N 1/2) OF LOT 4, AND THE NORTH ONE-HALF (N 1/2) OF EAST 50 FEET OF LOT 5, ALL IN BLOCK 1, IN
TRUESDELL’S
ADDITION TO THE CITY OF OWATONNA, STEELE COUNTY,
MINNESOTA
with the following street address and tax parcel identification number:
Street Address: 919 East Vine Street, Owatonna, Minnesota 55060
Tax Parcel Identification Number: 17-116-0104
and will be sold by the Sheriff of Steele County, Minnesota at public
auction on March 11, 2025 at 10:00 o’clock a.m., at the Office of the Steele County Sheriff, 2500 Alexander Street SW, Owatonna,
Minnesota 55060.
8.The time allowed by law for redemption by the Mortgagor or the
Mortgagor’s personal
representatives or assigns is six (6) months after the date of sale.
9.The date on or before which the Mortgagor must vacate the property if the Mortgage is not
reinstated under
Minn. Stat. § 580.30 or the property is not redeemed under Minn. Stat. § 580.263 is September 11, 2025, at 11:59 p.m. If the foregoing date is a Saturday, Sunday, or legal holiday, then the date to vacate is the next
business day at 11:59 p.m.
10.THE TIME ALLOWED BY LAW FOR
REDEMPTION BY THE MORTGAGOR OR THE MORTGAGOR’S
PERSONAL
REPRESENTATIVES OR ASSIGNS MAY BE
REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINN. STAT.
§ 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.
THIS IS AN ATTEMPT TO COLLECT A DEBT, AND ANY
INFORMATION
OBTAINED WILL BE USED FOR THAT
PURPOSE.
United Prairie Bank
WINTHROP &
WEINSTINE, P.A.
By: /s/Andrew J. Steil
Andrew J. Steil (#387048)
225 South Sixth Street, Suite 3500
Minneapolis, MN 55402
(612) 604-6400
Attorneys for
Mortgagee
United Prairie Bank
1.16-2.19
