|12/8/2009 11:20:00 AM|
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: November 8, 2006
MORTGAGOR: Signature Homes by Jeff Richter, Inc., a Minnesota corporation
MORTGAGEE: Assured Financial, LLC, a Minnesota limited liability company
DATE AND PLACE OF RECORDING: Recorded November 15, 2006, in the Office of the County Recorder, Olmsted County, Minnesota as Document No. A1118977
ASSIGNMENTS OF MORTGAGE: Assigned to Assured Funding Trust II, LLC pursuant to an Assignment of Mortgage recorded in the Office of the County Recorder, Olmsted County, Minnesota as Document No. A1154704
LEGAL DESCRIPTIONS OF PROPERTY: Lots 25 and 26, Block 1, Folwell Ridge Townhomes Common Interest Community Number 215, Olmsted County, Minnesota
COUNTY IN WHICH PROPERTY IS LOCATED: Olmsted
STREET ADDRESSES: 459 - 22nd Avenue SW, Rochester, MN; 467 - 22nd Avenue SW, Rochester, MN
TAX PARCEL ID NOS.: 64-03-22-072914; 64-03-22-072915
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $480,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $335,808.14
THAT prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of the Mortgagee complied with all notice requirements as required by statute;
THAT no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;
PURSUANT to the power of sale contained in said mortgage, the above-described property will be sold by the Sheriff of said county as follows:
DATE AND TIME OF SALE: January 14, 2010 at 10:00 o'clock a.m.
PLACE OF SALE: Olmsted County Sheriff's Office, Civil Window, 101 Fourth Street, S.E., Rochester, MN 55904
to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the cost and disbursements, including attorneys' fees allowed by law, subject to redemption within two (2) months from the date of said sale by the mortgagor(s), their personal representatives or assigns, and that a junior lien may redeem in the order and manner provided in subd. 9 of Minn. Stat. § 582.32, beginning after the expiration of the Mortgagor's redemption period.
The Mortgagor must vacate the property on or before 11:59 p.m. on March 14, 2010, if said Sheriff's Sale is not postponed, or if said Mortgage is not reinstated under Minn. Stat. § 580.30, or if said property is not redeemed under Minn. Stat. § 580.23, or if said redemption period is not reduced under Minnesota law.
December 1, 2009.
TRUST II, Mortgagee
By: Felhaber, Larson,
Fenlon & Vogt, P.A.
Attorneys for Mortgagee
By: /s/ J. Patrick Brinkman (
20 South Sixth Street,
Minneapolis, MN 55402
(612) 339-6321 49-52c