Tricounty News

NOTICE OF MORTGAGE FORECLOSURE SALE DATE: July 11, 2013 for MCS Food Ventures, Inc.

YOU ARE NOTIFIED that default has occurred in the conditions of the following described Mortgage:

INFORMATION REGARDING MORTGAGE TO BE FORECLOSED

1. Date of Mortgage: October 4, 2002

2. Mortgagor: MCS Food Ventures, Inc., a Minnesota corporation.

3. Mortgagee: Bremer Bank, National Association

4. Recording Information:

Recorded on October 22, 2002, as Document Number 1028647 in the Office of the County Recorder of Stearns County, Minnesota.

5. Assignments of Mortgage, if any: NONE.

INFORMATION REGARDING MORTGAGED PREMISES

6. Tax parcel identification number of the mortgaged premises: 82.46107.0000

Legal description of the mortgaged premises:

Lot Seven (7), less the Westerly 3 feet thereof, in Block One (1) of Columbia Square, in the City of St. Cloud, according to the plat and survey thereof on file and of record in the office of the County Recorder in and for
Stearns County, Minnesota.

8. The physical street address, city, and zip code of the mortgaged premises: 715 St. Germain Street West, St. Cloud, Minnesota 56303.

OTHER FORECLOSURE DATA

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 NOT APPLICABLE.

10. If stated on the Mortgage, the name of the mortgage originator, as defined in Minn. Stat. 58.02, is NOT APPLICABLE.

INFORMATION REGARDING FORECLOSURE

11. The original principal amount secured by the Mortgage was $470,890.00.

12. At the date of this notice the amount due on the Mortgage, including taxes, if any, paid by the holder of the Mortgage, is: $351,092.75.

13. Pursuant to the power of sale in the Mortgage, and pursuant to this Notice of Mortgage Foreclosure Sale, the Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Stearns County, Minnesota, at public auction on September 12, 2013, 10:00 a.m., at the Stearns County Sheriff’s Office, 807 Courthouse Square, Room 136, St. Cloud, Minnesota 56303.

14. The time allowed by law for redemption by Mortgagor or Mortgagor’s personal representatives or assigns is 6 months after the date of sale.

15. 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 NOT APPLICABLE.

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:

Jeffrey D. Carpenter, Esq.

Mollie R. Anderson, Esq.

Henson & Efron, P.A.

220 South Sixth Street

Suite 1800

Minneapolis, MN 55402

Name of Mortgagee or Mortgage Assignee:

Bremer Bank, National Association

Published in the Tri-County News Thursdays, July 18, 25,
Aug. 1, 8, 15, and 22, 2013.