NOTICE OF MORTGAGE FORECLOSURE SALE
DATE: April 7, 2023
YOU ARE NOTIFIED that default has occurred in the conditions of the following described Mortgage:
1. Date of Mortgage: April 29, 2022
2. Mortgagors: Sara Erdman, a single person
3. Mortgagees: Capital Credit Union
4. Recording Information: Recorded on May 6, 2022, as Document Number 828236 in the Office of the County Recorder of Clay County, Minnesota
5. Assignments of Mortgage, if any: N/A
6. Tax parcel identification number of the mortgaged premises: 58.458.0007
7. Legal description of the mortgaged premises:
Unit 2920, Common Interest Community No. 123, Signature Condominiums of Moorhead, situate in the County of Clay and the State of Minnesota
8. The physical street address, city, and zip code of the mortgaged premises: 2920 12th Ave S., Moorhead, MN 56560
9. The person holding the Mortgage is not a transaction agent, as defined by Minn. Stat. 58.02, subd. 30.
The name(s) of the residential mortgage servicer and the lender or broker, as defined in Minn. Stat. 58.02, is/are Capital Credit Union.
10. If stated on the Mortgage, the name of the mortgage originator, as defined in Minn. Stat. 58.02, is Paul D. Cook.
11. The requisites of Minn. Stat. 580.02 have been satisfied.
12. The original principal amount secured by the Mortgage was $ 102,000.00.
13. At the date of this notice the amount due on the Mortgage, including taxes, if any, paid by the holder of the Mortgage, is: $102,302.01.
14. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Clay County, Minnesota, at public auction on June 6, 2023 at 10:00 A.M., at the Sheriff’s Office, Law Enforcement Center, 911 11th St N, Moorhead, MN 56560.
15. The time allowed by law for redemption by Mortgagor or Mortgagor’s personal representatives or assigns is six (6) months after the date of sale.
16. Minn. Stat. 580.04(b) provides, “If the real estate is an owner-occupied, single-family dwelling, the notice must also specify 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.” If this statute applies, the time to vacate the property is 11:59 p.m. on December 6, 2023.
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.
Name and address of Attorney for Mortgagee or Mortgage Assignee: Caren L. Stanley (#0340480) VOGEL LAW FIRM 218 NP Ave. Fargo, ND 58107-1389 | | Name of Mortgagee or Mortgage Assignee: Capital Credit Union Fargo-Veteran’s Blvd Branch 3216 Veteran’s Blvd Fargo, ND 58104 |
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