NOTICE OF MORTGAGE FORECLOSURE SALE

Notice is hereby given that default has occurred in the conditions of that certain mortgage dated the 28th day of August, 1978, executed by Alan S. Moulzolf and Rose Mary Moulzolf, husband and wife as mortgagors, to the United States of America, acting through the Farmers Home Administration, United States Department of Agriculture, as mortgagee, filed for record in the office of the County Recorder in and for the County of Morrison, State of Minnesota, on the 28th day of August, 1978 as document #271355.

That no action or proceeding has been instituted at law to recover the debt secured by said mortgage(s) or any part thereof.

That the Mortgagor released from financial obligation is: none.

That the original principal amount secured by the August 28th,1978, mortgage, was One Hundred Forty-two Thousand Five Hundred and 00/100 Dollars ($142,500.00).

That there is due and claimed to be due upon said mortgage the sum of One Hundred Twenty-eight Thousand One Hundred Seventy-six and 48/100 Dollars ($128,176.48) as of December 12, 2001 plus interest from December 12, 2001.

That pursuant to the power of sale therein contained, said mortgage will be foreclosed and the tracts of land lying and being in the County of Morrison, State of Minnesota, described as follows:

The North Half of the Northeast Quarter (N 1/2 of NE 1/4) of Section Nineteen (19), Township Thirty-nine (39), Range Twenty-nine (29); excepting therefrom that part of the Northeast Quarter (NE 1/4) of Section Nineteen (19), Township Thirty-nine (39), Range Twenty-nine (29) described as follows, to wit: Beginning at the intersection of the centerline of Morrison County State Aid Highway No. 37 and the Southerly right of way line of the township road that runs East and West along the North line of said Northeast Quarter (NE 1/4); thence East along the Southerly right of way line a distance of 1,180 feet to the point of beginning of the tract of land herein conveyed; thence continuing along said Southerly right of way line a distance of 400 feet; thence South 1,100 feet; thence West 400 feet; thence North 1,100 feet to the point of beginning and there terminating

will be sold by the Sheriff of said county at public auction on the 19th day of March, 2002, at 10:00 a.m. in the lobby of the Sheriff’s Office in the Morrison County Courthouse in the City of Little Falls, State of Minnesota, to pay the debt secured by said mortgage(s) and taxes on said premises and the costs and disbursements allowed by law, subject to redemption by the mortgagors, their personal representatives or assigns, within twelve (12) months of the date of sale.

Dated this 15th day of January, 2002.
UNITED STATES OF AMERICA
Laurie J. Moss/s/
Laurie J. Moss
Acting State Executive
Director
Farm Service Agency
(successor in interest to the
Farmers Home Administration)
State of Minnesota
United States Department of Agriculture
375 Jackson Street, Suite 400
Saint Paul, MN 55101

PUBLISH: January 20, 27; February 3, 10, 17, 24, 2002 [12205]


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