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Mortgage foreclosure sale set for Nov. 4

Mortgage foreclosure sale set for Nov. 4NOTICE OF MORTGAGE FORECLOSURE SALEDate: September 8, 2004YOU ARE NOTIFIED THAT: 1. Default has occurred in the conditions of the Mortgage dated September 26, 1983 executed by Lynn E. Reu, a single person as Mortgagor, to Minnesota Federal Savings Loan Association as Mortgagee, and filed for record on September 30, 1983 as Document No. 116499, in the Office of the County Recorder of Rock County, Minnesota. The land described in the Mortgage is not registered land. 2. As the result of a merger and consolidation, Minnesota Federal Savings Loan Association is now known as Wells Fargo Bank, National Association. 3. The original principal amount secured by the Mortgage was $30,000.00. 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 $15,483.54. 7. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land described as follows: A tract of land located in the Southeast Quarter (SE 1/4) of Section Nine (9), Township One Hundred One (101) North, Range Forty-five (45) West of the 5th P.M. described as follows:Commencing at the Southeast corner of said SE 1/4; thence going in a North direction on the East side of said SE 1/4 1320 feet to the point of beginning; thence going in a North direction 412 feet on the East side of said SE 1/4; thence going in a West direction 610 feet parallel to the South side of said SE 1/4; thence going in a South direction 412 feet parallel to the East side of said SE 1/4; thence going in an East direction 610 feet to the point of beginning, subject to easements, if anywill be sold by the County Sheriff of Rock County, Minnesota, at public auction on November 4, 2004, at 10:00 a.m. at the office of Rock County Sheriff, Front Steps of the Law Enforcement Center, Luverne, MN. 8. The time allowed by law for redemption by Mortgagor(s) or Mortgagor’s personal representatives or assigns is 12 months after the date of sale. 9. 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. 10. THE RIGHT TO VERIFICATION OF THE DISCHARGED DEBT SECURED BY THE MORTGAGE AND IDENTITY OF THE ORIGINAL MORTGAGEE IS NOT AFFECTED BY THIS ACTION. Wells Fargo Bank, National AssociationAttorneys for MortgageeMark D. StephensonSTEPHENSON & SANFORD, P.L.C.Suite 2201905 East Wayzata BoulevardWayzata, MN 55391(952) 404-2100(9-16, 9-23, 9-30, 10-7, 10-14, 10-21)

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