NOTICE OF MORTGAGE FORECLOSURE SALE NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of that Real Estate Mortgage dated April 6, 2009, executed by RDJ Companies, LLC, a limited liability company, as Mortgagor, to Blaine State Bank, as Mortgagee, filed with the Wright County Recorder on April 22, 2009, as Document No. A1115633; which Mortgage was modified by a Modification of Mortgage dated November 14, 2011, and filed with the Wright County Recorder on December 5, 2011, as Document No. A1189379; which Mortgage and Modification of Mortgage were assigned to CorTrust Bank N.A. by an Assignment of Mortgages dated March 22, 2013, and filed with the Wright County Recorder on June 5, 2013, as Document No. A1238756;
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 notice provisions and conditions precedent as required by law; and that the mortgagee or assignee has elected to declare the entire sum secured by the note and mortgage to be immediately due and payable as provided in the note and mortgage;
That the original or maximum principal amount secured by the mortgage was Two Hundred Forty Thousand and No/100 DOLLARS ($240,000.00);
That there is due and claimed to be due on the mortgage, including interest to date hereof, the sum of One Hundred Eighty-Five Thousand Nine Hundred Seven and 51/100 DOLLARS ($185,907.51);
And that pursuant to the power of sale therein contained, said mortgage will be foreclosed and the tract of land lying and being in the County of Wright, State of Minnesota, described as follows, to-wit:
The Southeast Quarter of the Southwest Quarter, the East Half of the Southwest Quarter of the Southwest Quarter of Section 20; the North 1 rod of the West 42 rods of the Northwest Quarter of the Northwest Quarter of Section 29, all in Township 121, Range 26, Wright County, Minnesota.
Except: The East 576.99 feet of the North 754.99 feet of the South Half of the Southwest Quarter, Section 20, Township 121, Range 26, as measured at right angles to the east and north lines thereof, Wright County, Minnesota;
will be sold by the sheriff of said county at public auction on the 17th day of October, 2013, at 10:00 o'clock a.m., in the lobby of the Wright County Sheriff’s office located in the Law Enforcement Center, 3800 Braddock Avenue N.E., in the City of Buffalo, in said county and state, to pay the debt then secured by said mortgage on said premises and the costs and disbursements allowed by law, subject to redemption by the mortgagors, its personal representative or assigns within twelve (12) months from date of sale.
The real property’s street addressis: N/A.
The real property’s identification numbers are: 210-100-292201 and 210-100-203401.
Transaction agent: N/A.
Transaction agent’s Mortgage identification number: N/A.
Mortgage originator: Blaine State Bank.
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. 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.
Dated this 7th day of August, 2013.
CorTrust Bank N.A., Mortgagee
/s/ Jeff C. Braegelmann
Jeff C. Braegelmann #174701
GISLASON & HUNTER LLP
Attorneys for Mortgagee
2700 South Broadway
P. O. Box 458
New Ulm, MN 56073-0458
Phone: 507-354-3111
Fax: 507-354-8447
(46-51c)
Be the first to comment