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HomeNewsLegal NoticesNOTICE OF MORTGAGE FORECLOSURE SALE

NOTICE OF MORTGAGE FORECLOSURE SALE

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

DATE OF MORTGAGE: August 16, 2018

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $114,950.00

MORTGAGOR(S): Jesse L. Olsen, a single person

MORTGAGEE: Mortgage Electronic Reg­istration Systems, Inc., as mortgagee, as nominee for The Lake Bank, its succes­sors and assigns

DATE AND PLACE OF RECORDING:

Recorded: August 23, 2018, Lake County Recorder

Document Number: A000190395

ASSIGNMENTS OF MORTGAGE:

And assigned to: Guild Mortgage Compa­ny LLC

Dated: December 7, 2023

Recorded: December 11, 2023, Lake County Recorder

Document Number: A000203431

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage Identification Number: 1011450-1806080001-2

Lender/Broker/Mortgage Originator: The Lake Bank

Residential Mortgage Servicer: Guild Mort­gage Company

COUNTY IN WHICH PROPERTY IS LO­CATED: Lake

Property Address: 1222 Shoreview Road, Two Harbors, MN 55616

Tax Parcel ID Number: 25-5211-02380

LEGAL DESCRIPTION OF PROPERTY: North 198 feet of South Half of Southwest Quarter of Northwest Quarter (S1/2 of SW1/4 of NW1/4), Section Two (2), Town­ship Fifty-two (52) North, Range Eleven (11) West of the Fourth Principal Meridian, Lake County, Minnesota

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $136,953.24

THAT all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof; that this is registered property;

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: February 29, 2024, at 10:00 AM

PLACE OF SALE: County Sheriff`s office, 613 Third Avenue, Two Harbors, Minne­sota

to pay the debt 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 six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on August 29, 2024, or the next business day if August 29, 2024, falls on a Saturday, Sunday or legal hol­iday.

Mortgagor(s) released from financial obli­gation: NONE

THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

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.

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: January 2, 2024

MORTGAGEE: Guild Mortgage Company LLC

Wilford, Geske & Cook, P.A.

Attorneys for Mortgagee

7616 Currell Boulevard, Suite 200

Woodbury, MN 55125

(651) 209-3300

File Number: 051279-F2

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