NOTICE OF MORTGAGE FORECLOSURE SALETHE 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 that certain mortgage dated August 19, 2003 executed by Brian J. Schneekloth and Sheryl L. Schneekloth, husband and wife, as mortgagors, to Homeowners Loan Corp., a Delaware Corporation, as mortgagee, and filed for record in the office of the County Recorder in and for the County of Rock, Minnesota, on September 11, 2003 as Document No. 156986, thereafter assigned by assignment of Mortgage to Mortgage Electronic Registration Systems, Inc., dated August 19, 2003, and file for record with said County Recorder on June 18, 2004 as Document 159096; the original principal amount secured by said mortgage being $82,000.00; 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; that there is claimed to be due upon said mortgage, including interest to the date hereof, the sum of EIGHTY NINE THOUSAND ONE HUNDRED NINETY EIGHT and 12/100 ($89,198.12) DOLLARS and that pursuant to the power of sale therein contained, said mortgage will be foreclosed and the tract(s) of land lying and being in the County of Rock, State of Minnesota, described as follows, to wit: All of the North Half (N1/2) of Lot 1 except the East One Hundred Seven (E. 107) Feet thereof, in block Eighteen (18) in Warren and Kniss’ Second Addition to the City of Luverne, Minnesota,Rock County Minnesotawill be sold by the sheriff of said county at public auction to the highest bidder on April 7, 2005 at 10:00 A.M., at the main office of the Rock County Sheriff, in the lobby of the Rock County Law Enforcement Center, 213 East Luverne St., Luverne, Minnesota 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), their personal representatives or assigns is six (6) months from the date of sale.Mortgagors released from financial obligation on the 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 THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED."Dated: February 17, 2005MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC.Assignee of MortgageeREITER & SCHILLER, P.A.By:Thomas J. Reiter, Esq.Rebecca F. Schiller, Esq.Attorneys for Assignee of MortgageeThe Academy Professional Building25 North Dale Street, Second FloorSt. Paul, MN 55102-2227(651) 209-9760Attorney Reg. No. 152262(F0607)THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.(2-24, 3-3-, 3-10, 3-17, 3-24, 3-31)