NOTICE OF ASSESSMENT LIEN FORECLOSURE SALE

NOTICE IS HEREBY GIVEN that default has occurred in conditions of the Declaration of the Waters Edge Court Homes Association, Inc. (hereinafter "Declaration"). LIENHOLDER: Waters Edge Court Homes Association, Inc.. HOMEOWNER: Bank of America, N.A., successor by merger to BAC Home Loans Servicing, L.P.. DATE AND PLACE OF RECORDING: Recorded in the office of the County Recorder for Washington County, Minnesota on July 14, 2005 as Document No. 3526046, with subsequent unpaid assessments' and fees' further liens imposed by automatic operation of Minn. Stat. § 515B.3-116(h). ASSIGNMENTS OF LIEN: Not applicable. TRANSACTION AGENT: Not applicable. TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER: Not applicable. LENDER OR BROKER AND MORTGAGE ORIGINATOR: Not applicable. RESIDENTIAL MORTGAGE SERVICER: Not applicable. ENCUMBERED PREMISES ADDRESS: 5050 149th Street North, Unit 5, Hugo, MN 55038. TAX PARCEL I.D. NO.: 19.031.21.12.0032. LEGAL DESCRIPTION OF ENCUMBERED PREMISES: Unit 10, CIC No. 257, Waters Edge Court Homes, Washington County, Minnesota. AMOUNT CLAIMED TO BE DUE AS OF DATE OF NOTICE: $4,189.30. NOTICE IS FURTHER GIVEN that all pre-foreclosure requirements have been complied with; that no action or execution is now pending at law or otherwise to recover the debt secured by said lien, or any part thereof. PURSUANT to the power of sale granted by the owner in taking title to the premises subject to said Declaration, the above-described property will be sold by the Washington County Sheriff's Office as follows: DATE AND TIME OF SALE: April 26, 2012 at 10:00 A.M. C.S.T. PLACE OF SALE: 15015 62nd Street North, Stillwater, MN 55082. SALE INSTRUCTIONS: Public auction to the highest bidder, for cash, to pay the amount then due for said assessments, together with the costs of foreclosure, including attorneys' fees as allowed by law. TIME ALLOWED BY LAW FOR REDEMPTION BY THE HOMEOWNER, OR THE HOMEOWNER'S PERSONAL REPRESENTATIVES OR ASSIGNS: Six (6) months from the date of the sheriff's sale. HOMEOWNERS RELEASED FROM FINANCIAL OBLIGATION ON DECLARATION: Not applicable. REDEMPTION NOTICE THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE HOMEOWNER, OR THE HOMEOWNER'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 FORECLOSED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL PRODUCTION, AND ARE ABANDONED. THIS IS A COMMUNICATION FROM A DEBT COLLECTOR AND IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.