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Notice of Termination

Notice

NOTICE OF TERMINATION
OF CONTRACT FOR DEED

YOU ARE NOTIFIED:
1.Default has occurred in the Contract for Deed (“Contract”) dated May 26, 2011 and recorded on June 8, 2011, as Document Number 396664, in the Office of the County Recorder of McLeod County, Minnesota, in which John R. Fisher and Carla –Jo M. Fisher, as Sellers, sold to Charles H.N. Roberts and Johanna M. Roberts, husband and wife, as Purchasers, the real property in McLeod County, Minnesota, described as follows:
Lot Six (6), Stearns Subdivision of Lots Five (5), Six (6) and Seven (7) in Block Seventeen (17) of Bonniwell’s Second Addition to the City of Hutchinson.
2. The default is as follows: 2 months contract payments of $821 per month; plus,
$800 delinquent water bill (City of Hutchinson); plus,
$400 expense incurred to dispose of property left behind by Purchasers.
3. The conditions contained in Minn. Stat. 559.209 have been complied with or are not applicable.
4. THIS NOTICE IS TO INFORM YOU THAT BY THIS NOTICE THE SELLER HAS BEGUN PROCEEDINGS UNDER MINNESOTA STATUTES SECTION 559.21, TO TERMINATE YOUR CONTRACT FOR THE PURCHASE OF YOUR PROPERTY FOR THE REASONS SPECIFIED IN THIS NOTICE.
THE CONTRACT WILL TERMINATE NINETY (90) DAYS AFTER THE FIRST DATE OF PUBLICATION OF THIS NOTICE
UNLESS BEFORE THEN:
(a). THE PERSON AUTHORIZED IN THIS NOTICE TO RECEIVE PAYMENTS RECEIVES FROM YOU:
(1) THE AMOUNT THIS NOTICE SAYS YOU OWE: PLUS:
(2) THE COSTS OF SERVICE (TO BE SENT TO YOU); PLUS
(3) FOR CONTRACTS EXECUTED ON OR AFTER MAY 1, 1980, ANY ADDITIONAL PAYMENTS BECOMING DUE UNDER THE CONTRACT TO THE SELLER AFTER THIS NOTICE WAS SERVED ON YOU, PLUS
(4) FOR CONTRACTS, OTHER THAN EARNEST MONEY CONTRACTS, PURCHASE AGREEMENTS, AND EXERCISED OPTIONS, EXECUTED ON OR AFTER AUGUST 1, 1985, $240.00 (WHICH IS TWO PERCENT OF THE AMOUNT IN DEFAULT AT THE TIME OF SERVICE OTHER THAN THE FINAL BALLOON PAYMENBT, ANY TAXES, ASSESSMENTS, MORTGAGES, OR PRIOR CONTRACTS THAT ARE ASSUMED BY YOU); OR
(b) YOU SECURE FROM A COUNTY OR DISTRICT COURT AN ORDER THAT THE TERMINATION OF THE CONTRACT BE SUSPENDED UNTIL YOUR CLAIMS OR DEFENSES ARE FINALLY DISOSED OF BY TRIAL, HEARING OR SETTLEMENT. YOUR ACTION MUST SPECIFICALLY STATE THOSE FACTS AND GROUNDS THAT DEMONSTRATE YOUR CLAIMS OR DEFENSES.
IF YOU DO NOT DO ONE OR THE OTHER OF THE ABOVE THINGS WITHIN THE TIME PERIOD SPECIFIED IN THIS NOTICE, YOUR CONTRACT WILL TERMINATE AT THE END OF THE PERIOD AND YOU WILL LOSE ALL THE MONEY YOU HAVE PAID ON THE CONTRACT; YOU WILL LOSE YOUR RIGHT TO POSSESSION OF THE PROPERTY; YOU MAY L0SE YOUR RIGHT TO ASSERT ANY CLAIMS OR DEFENSES THAT YOUMIGHT HAVE AND YOU WILL BE EVICTED. IF YOU HAVE AN QUESTIONS ABOUT THIS NOTICE, CONTACT AN ATTORNEY IMMEDIATELY.
5. The name, mailing address, street address or location and telephone number of the Seller or of an attorney authorized by the seller to accept payments pursuant to this notice is:
Name: Neil Jensen – Attorney for Seller
Mailing Address: 22 Main Street North, Hutchinson, MN 55350
Telephone: 320-587-2046
Street Address or location where the Seller or the Attorney will accept payment pursuant to this notice:
22 Main Street North, Hutchinson, MN 55350
(Published in The McLeod County Chronicle January 30, February 6 and 13, 2019)