NOTICE OF MORTGAGE FORECLOSURE SALE, Van Drunen

NOTICE OF MORTGAGE FORECLOSURE SALE

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

NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described Mortgage:

    DATE OF MORTGAGE:  October 17, 2005

    MORTGAGOR:  Richard C. Van Drunen and Tammy Van Drunen,                 husband and wife

    MORTGAGEE:  TruStar Federal Credit Union    

    SERVICER:  TruStar Federal Credit Union

    MORTGAGE ID NUMBER:  None

    DATE AND PLACE OF RECORDING:  Recorded October 17, 2005,                 Koochiching County Recorder, Document No.  253774

    ASSIGNMENTS OF MORTGAGE:  None

     MORTGAGED PROPERTY ADDRESS: 4381 County Road 79,

        Littlefork, MN 56653

    TAX PARCEL I.D. #:  27-030-01100

    LEGAL DESCRIPTION OF PROPERTY:  

    Lot 11, less the North 600 feet, Section 30, Township 69, Range 25,             West of the Fourth Principal Meridian

    COUNTY IN WHICH PROPERTY IS LOCATED:  Koochiching

    REGISTERED LAND:  the land described in the mortgage is not

        registered land.

    ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:  $136,335.00

    AMOUNT DUE AND CLAIMED TO BE DUE AS OF THE DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:  $139,233.35

    That prior to the commencement of this mortgage foreclosure proceeding, the Mortgagee/Assignee of 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 the 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: September 11, 2012 at 10:00 a.m.

    PLACE OF SALE:  Koochiching County Sheriff’s Office, Law Enforcement Center, 715 Fourth Street, International Falls, MN, to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorney fees, allowed by law subject to redemption within twelve months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

    DATE TO VACATE PROPERTY:  If the real estate is an owner-occupied, single-family dwelling, the date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under section 580.30 or the property redeemed under section 580.23 is September 11, 2013.

    MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON

MORTGAGE:   None

“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: July 18, 2012

Shermoen & Jaksa, PLLP

By:  Kimberly A. Literovich

       ARN 0347632

345 Sixth Avenue - PO Box 1072

International Falls, Minnesota 56649

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

The Journal

July 18, 25, August 1, 8, 15 & 22, 2012