NOTICE OF MORTGAGE FORECLOSURE-U.S. BANK VS. PETERKANOTICE OF MORTGAGE
NOTICE OF MORTGAGE
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of a mortgage dated July 5, 2007, executed by Steven J. Peterka and Lynn M. Peterka, as mortgagor(s) to U.S. Bank National Association ND as mortgagee in the original principal amount of Eighty-four Thousand Two Hundred Nine ($84,209.00) Dollars, recorded with the Dakota County Recorder, State of Minnesota, on August 3, 2007, as doc. no. 2535181; that all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law to recover any part of the debt secured by said mortgage; that there is claimed to be due thereon the sum of Eighty-three Thousand Nine Hundred Sixty and 53/100 ($83,960.53) Dollars on this date; and that pursuant to the power of sale therein the mortgage will be foreclosed and the property in Dakota County, Minnesota, described as follows:
Lot 12, Block 9, River Hills Fourth Addition, Dakota County, Minnesota.
Property address: 1903 Tamarack Lane, Burnsville, MN 55337
Parcel I.D. #: 02-64103-09-120
will be sold by the sheriff of said county at public auction on June 14, 2012, at 10:00 o'clock A.M. at Sheriff's Office, Law Enforcement Center, 1580 Highway 55, Hastings, Minnesota, to pay the debt secured by the mortgage, including costs and attorneys' fees allowed by law subject to redemption by the mortgagor(s), their heirs or assigns, within six (6) months from the date of sale. The mortgagor(s) must vacate the property on or before 11:59 p.m. on December 14, 2012, if (i) the mortgage is not reinstated under §580.30, or (ii) the property is not redeemed under §580.23.
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.
Dated:April 18, 2012
U.S. Bank National Association ND,
Mary L. Cox,
STEIN & MOORE, P.A.,
Attorneys for Mortgagee,
332 Minnesota Street, #W-1650
St. Paul, MN 55101 (651) 224-9683