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Foreclosure Sale

Tuesday, July 10, 2018 - 6:08pm

Foreclosure Sale

Publish June 6, 13, 20, 27, July 4, 11, 2018

NOTICE OF MORTGAGE FORECLOSURE SALE

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

DATE OF MORTGAGE: MAY 8, 2015

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $170,000.00

MORTGAGOR(S): JLG PROPERTIES, L.L.C., A MINNESOTA LIMITED LIABILITY COMPANY

MORTGAGEE: THE FIRST NATIONAL BANK OF OSAKIS

DATE AND PLACE OF RECORDING: MAY 12, 2015 OFFICE OF THE DOUGLAS COUNTY RECORDER, MINNESOTA

DOCUMENT NUMBER: 375161

LEGAL DESCRIPTION:

Lots 11 and 12, Block 1, Original Townsite of Osakis, Minnesota; and the North 105 feet of Lots 1 and 2, Block 1, Eastons Addition to Osakis, Minnesota.

COUNTY IN WHICH PROPERTY LOCATED: DOUGLAS

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $181,885.49

THAT prior to the commencement of this mortgage foreclosure proceeding 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 said 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: JULY 26, 2018, 10:00 A.M.

PLACE OF SALE: THE NORTH DOOR OF THE DOUGLAS COUNTY LAW ENFORCEMENT CENTER 216 7TH AVENUE WEST ALEXANDRIA, MINNESOTA 56308

to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney's fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

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 or the time for redemption is not reduced by judicial order, is 11:59 p.m. on January 26, 2019. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.

AT THE TIME OF THE COMMENCEMENT OF SAID MORTGAGE FORECLOSURE PROCEEDINGS, SAID LANDS WERE NOT AGRICULTURAL LANDS AS DEFINED BY THE MINNESOTA OMNIBUS FARM ACT, LAWS OF 1986, CHAPTER 398.

THIS IS AN ATTEMPT TO COLLECT A DEBT. 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.

PURSUANT TO THE FAIR DEBT COLLECTION PRACTICES ACT, YOU ARE ADVISED THAT THIS OFFICE IS DEEMED TO BE A DEBT COLLECTOR. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. THIS NOTICE IS REQUIRED BY THE PROVISIONS OF THE FAIR DEBT COLLECTION PRACTICES ACT AND DOES NOT IMPLY THAT WE ARE ATTEMPTING TO COLLECT MONEY FROM ANYONE WHO HAS DISCHARGED THE DEBT UNDER THE BANKRUPTCY LAWS OF THE UNITED STATES.

Mortgagors released from financial obligations on mortgage: None.

(1) Physical Street Address, City and Zip Code of Mortgaged Premises: 113 West Main Street and 208 2nd Ave. West Osakis, 56360

(2) Transaction Agent, Residential Mortgage Servicer, Lender or Broker: The First National Bank of Osakis

(3) Tax Parcel Identification Number of Mortgaged Premises: 93-0047-000 and 93-0505-000

(4) Transaction Agent's Mortgage Identification Number, If Stated On Mortgage: 109217

(5) Name of Mortgage Originator, If Stated on Mortgage: The First National Bank of Osakis

Dated: May 29, 2018.

THE FIRST NATIONAL BANK OF OSAKIS

By /s/ Scott T. Johnston

Scott T. Johnston

Attorney Reg. No. 52334

Attorney for Mortgagee

THIS INSTRUMENT WAS DRAFTED BY:

JOHNSTON LAW OFFICE, P.A.

SCOTT T. JOHNSTON, ATTORNEY AT LAW

Easton Place, 510 22nd Avenue East #101

PO Box 1218

Alexandria MN 56308-1218

320-762-8814

2637275


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