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Foreclosure: Pennock Place Condominium, 108

Friday, May 29, 2009 - 12:58pm

NOTICE OF

ASSESSMENT LIEN 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

THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE

NOTICE IS HEREBY GIVEN that default has been made in the terms and conditions of the Declaration of The Pennock Place Condominium Association (hereinafter the "Declaration") recorded in the office of the Registrar of Titles of Dakota County, Minnesota as Document No. 126559, which covers the following property:

Residential Unit No. RB 108 and Garage Unit No. GB 108 in Condominium No. 57, The Pennock Place Condominium, Dakota County, Minnesota, Certificate of Title No. 144429

14182 Pennock Avenue, Unit B108, Apple Valley, Minnesota 55124

PIN: 01-57001-032-02

THAT pursuant to said Declaration, there is claimed to be due and owing as of May 11, 2009, from Wells Fargo Bank, N.A., Trustee, title holder, to The Pennock Place Condominium Association, a Minnesota non-profit corporation, the amount of $4,146.90, for assessments, late fees and collection costs, plus additional assessments and other amounts that may have accrued since the date of this notice, including the costs of collection and foreclosure;

THAT no action is now pending at law or otherwise to recover said debt or any part thereof;

THAT the owner has not been released from its financial obligation to pay said amount;

THAT pursuant to Minn. Stat. ยง 515B.3-116, said debt creates a lien upon said premises in favor of The Pennock Place Condominium as evidenced by a lien statement recorded on April 14, 2009, in the office of the Dakota County Registrar of Titles as Document No. T 642138;

THAT pursuant to the power of sale granted by the owner in taking title to the premises subject to said Declaration, said lien will be foreclosed by the sale of said property by the sheriff of said County at the Dakota County Law Enforcement Center, Lobby S-100, 1580 Highway 55, Hastings, Dakota County, Minnesota on the 15th day of July, 2009, at 10 a.m., at public auction to the highest bidder, for cash, to pay the amount then due for said assessments, together with the costs of foreclosure, including attorney's fees as allowed by law. The time allowed by law for redemption by the unit owners, their personal representatives or assigns is six (6) months from the date of said sale.

REDEMPTION NOTICE

THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE OWNER, THE OWNER'S PERSONAL REPRESENTATIVE 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 PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.

THE PENNOCK PLACE CONDOMINIUM

ASSOCIATION, Lienor

Dated: May 11, 2009

By /s/ Thomas P. Carlson

Thomas P. Carlson (024871X)

Carlson & Associates, Ltd.

1052 Centerville Circle

Vadnais Heights, MN 55127

(651) 287-8640

ATTORNEY FOR THE PENNOCK PLACE

CONDOMINIUM ASSOCIATION

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