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 conditions of the following described mortgage:
DATE OF MORTGAGE: September 17, 2021
MORTGAGOR: Ronald Joel Scheffler, an unmarried man.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for First International Bank & Trust, its successors and assigns.
DATE AND PLACE OF RECORDING: Recorded September 17, 2021 Clay County Recorder, Document No. 820815.
ASSIGNMENTS OF MORTGAGE: Assigned to: First International Bank & Trust. Dated August 23, 2022 Recorded August 30, 2022, as Document No. 831758.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 1000805-0000041145-4
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: First International Bank & Trust
RESIDENTIAL MORTGAGE SERVICER: First International Bank & Trust
MORTGAGED PROPERTY ADDRESS: 116 3rd Street Northeast, Barnesville, MN 56514
TAX PARCEL I.D. #: 505750980
LEGAL DESCRIPTION OF PROPERTY:
Lots Sixteen and Seventeen, in Block Twelve, Original Townsite to the City of Barnesville, situate in the County of Clay and the State of Minnesota.
COUNTY IN WHICH PROPERTY IS LOCATED: Clay
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $125,400.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $126,693.14
That prior to the commencement of this mortgage foreclosure proceeding 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 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: December 7, 2023 at 9:00 AM
PLACE OF SALE: Sheriff's Office, Law Enforcement Center, 911 11th Street North, Moorhead, MN
to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys' 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 unless reduced to Five (5) weeks under MN Stat. §580.07.
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 June 7, 2024, unless that date falls on a weekend or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
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: October 5, 2023
First International Bank & Trust
Mortgagee/Assignee of Mortgagee
LIEBO, WEINGARDEN, DOBIE & BARBEE, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
9 - 23-005043 FC
IN THE EVENT REQUIRED BY FEDERAL LAW: THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Document version 1.2 July 20, 2021