Foreclosure: Delta Development, Inc.

NOTICE OF MORTGAGE

Foreclosure SALE

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

DATE OF MORTGAGE: June 4, 2007

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $892,500.00

MORTGAGOR: Delta Development, Inc.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None

MORTGAGEE: First Resource Bank

DATE AND PLACE OF RECORDING: June 5, 2007, as Document No. 2521942, in the office of the Dakota County Recorder

ASSIGNMENTS OF MORTGAGE: None

LEGAL DESCRIPTION OF PROPERTY:

Lots 6, 7, and 8, Block 1, Providence Townhomes, Dakota County, Minnesota

COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $968,806.35

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;

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: December 23, 2008 at 10:00 a.m.

PLACE OF SALE: Dakota County Sheriff’s Department, 1580 Highway 55, Hastings, Minnesota

to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorneys’ fees allowed by law, subject to redemption within six months from the date of said sale by the mortgagors, their personal representatives or assigns.

MORTGAGORS RELEASED FROM OBLIGATION: None

The following information is provided pursuant to Minnesota Statutes Section 580.025:

Street Address of Property:

Unassigned (Lot 6, Block 1)

Unassigned (Lot 7, Block 1);

19348 Claremont Drive, Farmington,

MN 55024 (Lot 8, Block 1)

Name of Transaction Agent, Residential Mortgage Servicer, Lender &/or Broker: N/A

Tax Parcel Identification Number of the Property:

12-59525-060-01 (Lot 6, Block 1);

12-59525-070-01 (Lot 7, Block 1);

12-59525-080-01 (Lot 8, Block 1)

Transaction Agent’s Mortgage Identification Number, if known: N/A

Name of Mortgage Originator, if stated on mortgage: N/A

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: October 30, 2008

First Resource Bank

HELLMUTH & JOHNSON, PLLC

By: Joel A. Hilgendorf

Joel A. Hilgendorf, I.D. # 315953

Attorneys for Mortgagee

10400 Viking Drive, Suite 500

Eden Prairie, MN 55344

(952) 941-4005

Our File No.: 15168.0012

11/7-12/12

Tags: legal, foreclosure, delta, development