NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of that certain mortgage, dated the 9th day of June, 2005, executed by Mainstreet Greenleaf Properties, LLP, a Minnesota limited liability partnership, as mortgagor, to Citizens Bank Minnesota - Lakeville Branch, as mortgagee, filed for record in the office of the County Recorder in and for the County of Dakota, and State of Minnesota, on the 22nd day of June, 2005, as Document No. 2333152; and thereafter amended by a Modification of Mortgage dated the 15th day of November, 2006, and duly filed for record in the office of the County Recorder in and for the County of Dakota and State of Minnesota on the 8th day of December, 2006 as Document No. 2480505;
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 notice provisions and conditions precedent as required by law and that the mortgagee or assignee has elected to declare the entire sum secured by the note and mortgage to be immediately due and payable as provided in the note and mortgage;
That the original or maximum principal amount secured by the mortgage was One Million and no/100 ($1,000,000.00) DOLLARS;
That there is due and claimed to be due on the mortgage, including interest to date hereof, the sum of One Million Two Hundred Fifty-seven Thousand Five Hundred Ninety-eight and 20/100 ($1,257,598.20) DOLLARS;
And that pursuant to the power of sale therein contained, said mortgage will be foreclosed and the tract of land lying and being in the County of Dakota, State of Minnesota, described as follows, to-wit:
Lot Twenty (20), Lot Twenty-one (21), and that part of Lot Nineteen (19), Block Two (2), Hampton, Dakota County, Minnesota, described as follows, to-wit:
Commencing at a point on the West boundary line of said Lot Nineteen (19), 30 feet South of the Northwest corner of said Lot Nineteen (19); thence Northwesterly along said boundary line to the Northwest corner of said Lot Nineteen (19); thence Easterly on the North line of said Lot Nineteen (19) to the Northeast corner of said Lot Nineteen (19); thence Southeasterly on the boundary line of said Lot Nineteen (19), 30 feet; thence Westerly on a straight line to the point of beginning;
The real property's street address is: 23250 and 23260 Main Street, Hampton, MN
The real property's identification number is: 183200021102
Transaction agent: None
Transaction agent's Mortgage identification number: None
Mortgage originator: Citizens Bank Minnesota
will be sold by the sheriff of said county at public auction on the 29th day of August, 2013, at 10:00 o'clock a.m., at 1580 Highway 55, Lobby S-100, Civil Division in the City of Hastings in said county and state, to pay the debt then secured by said mortgage on said premises and the costs and disbursements allowed by law, subject to redemption by the mortgagor, its personal representative or assigns within two (2) months from date of sale pursuant to that certain Agreement for Voluntary Foreclosure Pursuant to Minn. Stat. § 582.32 dated July 17, 2013 and thereafter by each holder of a junior lien in the order and manner provided in Minn. Stat. § 582.32, Subd. 9.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under Section 580.30 or the property is not redeemed under Section 580.23 is 11:59 p.m. on October 29, 2013.
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. 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.
Dated this 17th day of July, 2013.
Citizens Bank Minnesota, Mortgagee
/s/ C. Thomas Wilson
C. Thomas Wilson #117651
GISLASON & HUNTER LLP
Attorneys for Citizens Bank Minnesota
2700 South Broadway
P. O. Box 458
New Ulm, MN 56073-0458