NOTICE OF MORTGAGE FORECLOSURE SALE, Ruelle

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.

Date: August 20, 2008
You are notified that:
•Default has occurred in the conditions of the Mortgage dated June 27, 2003, executed by Jayme L. Ruelle, a single person, as Mortgagor, to Bremer Bank, National Association, as Mortgagee, and filed for record July 7, 2003, as Document No. 243461, in the office of the County Recorder, in Koochiching County, Minnesota.
• The mortgage has been assigned as follows:
to Minnesota Housing Finance Agency, by instrument dated June 27, 2003, filed July 7, 2003, as Document No. 243462
• The land described in the mortgage is not registered land.
• The original principal amount secured by the Mortgage was $43,550.00.
• No action or proceeding at law is now pending to recover the debt secured by the mortgage or any part thereof.
• The holder of the mortgage has complied with all conditions precedent to acceleration of the debt secured by the mortgage and foreclosure of the mortgage, and all notice and other requirements of applicable statutes.
• At the date of this notice, the amount due on the mortgage, and taxes, if any, paid by the holder of the mortgage is:
$41,218.47.
• Pursuant to the power of sale in the mortgage, the mortgage will be foreclosed, and the land described as follows:
Lots 26, 27 and the East 1/4 of Lot 28,
Block 95, Plat of International Falls;
will be sold by the County Sheriff of Koochiching County, Minnesota, at public auction on
October 16, 2008, at 10:00 a.m.,
at the lobby of the Law Enforcement Center, 715 4th Street, City of International Falls.
• The time allowed by law for redemption by the mortgagor(s) or mortgagor’s personal representatives or assigns is six (6) months after the date of sale.
• 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.
This is a notice from a debt collector.

Minnesota Housing finance agency
Assignee of Mortgagee

Marinus W. Van Putten, Jr., Reg. No. 11232X
BEST & Flanagan LLP
225 South Sixth Street, Suite 4000
Minneapolis, MN 55402
Attorney for Assignee of Mortgagee

The Daily Journal
August 27, September 3, 10, 17, 24, & October 1, 2008