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.
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described mortgage:
Mortgagor: Ruth E. Owen and Gerald T. Owen, wife and husband
Mortgagee: Mercantile Mortgage Company
Dated: May 17, 2002
Recorded: May 22, 2002
Pennington County Recorder Document No. 166026
Assigned To: U.S. Bank National Association, as successor trustee to Bank of America National Association, as Trustee, successor by merger to LaSalle Bank National Association, as Trustee for Residential Asset Mortgage Products, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2007-RP1
Dated: April 26, 2018
Recorded: May 14, 2018
Pennington County Recorder Document No. 212645
Assigned To: U.S. Bank National Association as Trustee for RAMP2007RP1, as Successor in Interest to Bank of America, National Association as Trustee, Successor by Merger to LaSalle Bank National Association as Trustee
Dated: October 19, 2011
Recorded: November 10, 2011
Pennington County Recorder Document No. 194916
Assigned To: Residential Funding Corporation
Dated: September 9, 2008
Recorded: September 19, 2008
Pennington County Recorder Document No. 186673
Assigned To: JP Morgan Chase Bank as Trustee of Residential Funding Corporation
Dated: May 31, 2002
Recorded: March 3, 2003
Pennington County Recorder Document No. 168875
Transaction Agent: N/A
Transaction Agent Mortgage Identification Number: N/A
Lender or Broker: Mercantile Mortgage Company
Residential Mortgage Servicer: PHH Mortgage Corporation
Mortgage Originator: Mercantile Mortgage Company
LEGAL DESCRIPTION OF PROPERTY: The land referred to is situated in the State of Minnesota, County of Pennington, and is described as follows:
Part of Lot Six (6), Olson’s Subdivision of Lots Seven (7) and Eight (8), Section Six (6), Township One Hundred Fifty-three (153) North, of Range Forty-two (42) West of the Fifth Principal Meridian, described as follows:
Beginning at the intersection of the East line of said Lot 6 and the South line of said Sec. 6; thence N 8°30′ West along the East line of said lot a distance of Eight Hundred Feet (800′) to the point of beginning of the tract herein conveyed; thence S 83°38’30” West a distance of Three Hundred Ninety-six and Twenty-seven hundredths feet (396.27′) to the West line of said Lot 6; thence N 8°30′ West along the said West line of the southerly bank of the Red Lake River; thence southeasterly along the southerly bank of the Red Lake River to an intersection with the East line of said Lot 6; thence S 8°30′ East along said lot line to the point of beginning
This is Abstract Property.
TAX PARCEL NO.: 1904100460
ADDRESS OF PROPERTY:
17250 152nd St NE
Thief River Falls, MN 56701
COUNTY IN WHICH PROPERTY IS LOCATED: Pennington
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $84,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $102,087.54
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; that no action or proceeding has been instituted at law to recover the debt then remaining secured by such mortgage, or any part thereof, or, if the action or proceeding has been instituted, that the same has been discontinued, or that an execution upon the judgment rendered therein has been returned unsatisfied, in whole or in part;
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: April 21, 2026, 10:00 AM
PLACE OF SALE: Lobby of Law Enforcement Center, 102 First Street West, Thief River Falls, MN
to pay the debt then 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 6 Months from the date of said sale by the mortgagor(s), their personal representatives or assigns.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is October 21, 2026 at 11:59 p.m.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE
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: February 13, 2026
U.S. Bank National Association, as Trustee, successor in interest to Bank of America National Association, as Trustee, successor by merger to LaSalle Bank National Association, as Trustee for Residential Asset Mortgage Products, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2007-RP1, Assignee of Mortgagee
By: HALLIDAY, WATKINS & MANN, P.C.
Attorneys for:
U.S. Bank National Association, as Trustee, successor in interest to Bank of America National Association, as Trustee, successor by merger to LaSalle Bank National Association, as Trustee for Residential Asset Mortgage Products, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2007-RP1, Assignee of Mortgagee
1333 Northland Drive, Suite 205
Mendota Heights, MN 55120
801-355-2886
651-228-1753 (fax)
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
MN10584.