Sections

Weather Forecast

Close

NOTICE OF MORTGAGE FORECLOSURE SALE

Wednesday, May 6, 2009 - 7:26am

THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.

Date: April 20, 2009.

NOTICE IS HEREBY GIVEN THAT:

1. Default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: April 8, 2008

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $500,000.00

MORTGAGOR(S):John W. Arkell and Janice G. Arkell, husband and wife

MORTGAGEE: First National Bank of Deerwood

DATE AND PLACE OF FILING: April 17, 2008 as Document No. 3688717, as modified of record, with Washington County Recorder (Minnesota).

ASSIGNMENTS OF MORTGAGE:

N/A

LEGAL DESCRIPTION OF

PROPERTY:

The East One Hundred Forty (140.0) feet of the West Six Hundred Eleven and Six-tenths (611.6) feet of the Southeast Quarter of Northwest Quarter (SE1/4 of NW1/4) of Section Twenty-four (24), Township Thirty (30) North, Range Twenty-one (21) West, Grant Township, Washington County, Minnesota, lying Northerly of the centerline of the East-West Township Road. Excepting therefrom the North Two Hundred Thirty-five (235.0) feet thereof. Containing 1.0 acres, more or less, subject to right-of-way easement of said East-West Township Road.

COUNTY IN WHICH PROPERTY IS LOCATED: Washington County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $500,000.00

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;

PURSUANT, to the power of sale contained in said mortgage, the above described property will be sold by the Sheriff of Washington County as follows:

DATE AND TIME OF SALE: June 15, 2009 at 10:00 a.m.

PLACE OF SALE: Washington County Sheriff's Office, Stillwater, 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, his personal representatives or assigns is six (6) months from the date of sale.

THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGORS, THE MORTGAGORS' 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.

FIRST NATIONAL BANK OF

DEERWOOD

By: Shawn M. Dunlevy

Attorney Registration #123626

Fryberger, Buchanan, Smith & Frederick, P.A.

302 West Superior Street, Suite 700

Duluth, Minnesota 55802-1863

(218) 722-0861

THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

NOTICE OF MORTGAGE FORECLOSURE SALE FORECLOSURE DATA

(1) Street Address, city and zip code of mortgaged premises: 11392 88th Street North, Stillwater, MN 55082

(2) Transaction agent; residential mortgage servicer; and lender or broker: First National Bank of Deerwood

(3) Tax parcel identification number: 2403021240005

(4) Transaction Agent's mortgage ID number (MERS number): None

(5) Name or mortgage originator: First National Bank of Deerwood

(Published in the Woodbury Bulletin on Wednesday, April 29, May 6, May 13, May 20, May 27, & Jun 3 2009).