DATE: November 12, 2025
YOU ARE NOTIFIED that default has occurred in the conditions of the following described Mortgage:
INFORMATION REGARDING
MORTGAGE TO BE FORECLOSED
- Date of Mortgage: April 25, 2023
- Mortgagors: Lynne M. Bergstedt aka Lynne M. Counter
- Mortgagees: Two Harbors Federal Credit Union
- Recording Information: Recorded on May 3, 2023, as Document Number A000202200, in the Office of the Recorder of Lake County, Minnesota, as amended of record.
- Assignments of Mortgage, if any: NONE
INFORMATION REGARDING
MORTGAGED PREMISES
- Tax parcel identification number of the mortgaged premises: 23-7665-73160
- Legal description of the mortgaged premises
Lot Sixteen (16), Block Seventy-Three (73), Minnesota Iron Company’s Fifth Addition to Two Harbors, Lake County, Minnesota
- The physical street address, city, and zip code of the mortgaged premises: 601 12th Avenue, Two Harbors, Minnesota 55616
OTHER FORECLOSURE DATA
- 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 Two Harbors Federal Credit Union.
- If stated on the Mortgage, the name of the mortgage originator, as defined in Minn. Stat. 58.02, is Two Harbors Federal Credit Union.
INFORMATION REGARDING FORECLOSURE
- The requisites of Minn. Stat. 580.02 have been satisfied.
- The original principal amount secured by the Mortgage was $27,000.00.
- At the date of this notice the amount due on the Mortgage, including taxes, if any, paid by the holder of the Mortgage, is: $25,863.09.
- 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 Lake County, Minnesota, at public auction on January 22, 2026, at 10:00 a.m., at the Lake County Sheriff’s Office, 613 3rd Avenue, Two Harbors, Minnesota 55616.
- The time allowed by law for redemption by Mortgagor or Mortgagor’s personal representatives or assigns is six months after the date of sale.
- 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 July 22, 2026.
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.
