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Foreclosure

Submitted by admin on Thu, 03/22/2018 - 9:38am

Foreclosure
NOTICE OF MORTGAGE FORECLOSURE SALE
Date: March 15, 2018
YOU ARE NOTIFIED THAT:
1.Default has occurred in the conditions of the Mortgage dated August 25, 2006, executed by Craig A. Williams, a single man and Carla J. Krone, a single woman, as Mortgagors, to Compeer Financial, FLCA f/k/a AgStar Financial Services, FLCA, as Mortgagee, and filed for record August 29, 2006, as Document No. A-364451, in the Office of the County Recorder of McLeod County, Minnesota. The land described in the Mortgage is not registered land.
2. The Mortgage has not been assigned.
3. The original principal amount secured by the Mortgage was $276,000.00.
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 $256,032.03.
7. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land located in McLeod County, Minnesota, described as follows:
THE SOUTH HALF OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION THREE (3), EXCEPT THE STRIP OF LAND 140 FEET WIDE OFF THE NORTH SIDE OF SAID TRACT; AND THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 3, EXCEPT THE FOLLOWING DESCRIBED TRACT; BEGINNING AT THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER OF SAID SECTION 3, THENCE NORTH 20 RODS, THENCE EAST 40 RODS, THENCE SOUTH 20 RODS, THENCE WEST 40 RODS TO THE PLACE OF BEGINNING AND ALSO EXCEPTING THEREFROM ALL RAILROAD RIGHT-OF-WAY, ALL LYING AND BEING IN TOWNSHIP 116 NORTH OF RANGE 27 WEST, MCLEOD COUNTY, MINNESOTA will be sold by the County Sheriff of McLeod County, Minnesota, at public auction on May 9, 2018, at 10:00 a.m. at the McLeod County Sheriff’s Department, located at 801 East Tenth Street, Glencoe, Minnesota.
8. To the best of Mortgagee’s information, the property being foreclosed has a property address of 18676 Cable Avenue, Lester Prairie, Minnesota 55354, and has tax parcel identification number 02.003.0200.
9. The time allowed by law for redemption by Mortgagors or Mortgagors’ personal representatives or assigns is twelve (12) months after the date of sale.
10. The property must be vacated by 11:59 p.m. on May 9, 2019, provided the Mortgagors have not reinstated the Mortgage under Minnesota Statutes, Section 580.30 or redeemed the property under Minnesota Statutes, Section 580.23. 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.
THE PURPOSE OF THIS COMMUNICATION IS TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
COMPEER FINANCIAL, FLCA
/s/Benjamin B. Bohnsack
Benjamin B. Bohnsack (#0319399)
Rinke Noonan
Suite 300 US Bank Plaza
1015 W. St. Germain St.
P.O. Box 1497
St. Cloud, MN 56302
(320) 251-6700
(320) 656-3500 fax
Our File No. 14790-0248
Bbohnsack@RinkeNoonan.com
Attorneys for Mortgagee
(Published in The McLeod County Chronicle March 21, 28, April 4, 11, 18 and 25, 2018)