ADVERTISEMENT

2911236

NOTICE OF
TERMINATION OF
CONTRACT FOR DEED
YOU ARE NOTIFIED:
1. Default has occurred in that certain Contract for Deed dated December 1, 2013, and recorded January 23, 2014, as Document No. A000370334, as amended by that certain Amended Contract for Deed (“Contract”) dated December 11, 2018, and recorded February 5, 2019, as Document No. A000401387, in the Office of the County Recorder of Hubbard County, Minnesota, in which Western National Bank of Cass Lake, as Seller, sold to Isaac P. Raisch, Sr., as Purchaser, the real property located in Hubbard County, Minnesota, described as follows:
Lot Thirty, Midge Lake Estates 2nd Addition
2. The default is as follows:
Failure to make payments due August 1, 2021, September 1, 2021, October 1, 2021, and November 1, 2021, in the amount of $686.17 each.
Total amount in default is $2,744.68.
3. For contracts executed after August 1, 1976, and prior to August 1, 1985, the purchase price was N/A Dollars ($N/A) and the amount of the purchase price paid by the Purchaser is N/A Dollars ($N/A), which is N/A% of the purchase price, as calculated in the manner required by Minn. Stat. 559.21, subd. 1e.
4. The conditions contained in Minn. Stat. 559.209 have been complied with or are not applicable.
5. THIS NOTICE IS TO INFORM YOU THAT BY THIS NOTICE THE SELLER HAS BEGUN PROCEEDINGS UNDER MINNESOTA STATUTES, SECTION 559.21, TO TERMINATE YOUR CONTRACT FOR THE PURCHASE OF YOUR PROPERTY FOR THE REASONS SPECIFIED IN THIS NOTICE.
THE CONTRACT WILL TERMINATE 90 DAYS AFTER THE FIRST DATE OF PUBLICATION OF THIS NOTICE
UNLESS BEFORE THEN:
(a.) THE PERSON AUTHORIZED IN THIS NOTICE TO RECEIVE PAYMENTS RECEIVES FROM YOU:
(1.) THE AMOUNT THIS NOTICE SAYS YOU OWE; PLUS (2.) THE COSTS OF SERVICE {TO BE SENT TO YOU); PLUS
(3.) $500.00 TO APPLY TO ATTORNEYS’ FEES ACTUALLY EXPENDED OR INCURRED; PLUS
(4.) FOR CONTRACTS EXECUTED ON OR AFTER MAY 1, 1980, ANY ADDITIONAL PAYMENTS BECOMING DUE UNDER THE CONTRACT TO THE SELLER AFTER THIS NOTICE WAS SERVED ON YOU; PLUS
(5.) FOR CONTRACTS, OTHER THAN EARNEST MONEY CONTRACTS, PURCHASE AGREEMENTS, AND EXERCISED OPTIONS, EXECUTED ON OR AFTER AUGUST 1, 1985, $54.89 (WHICH IS TWO PERCENT OF THE AMOUNT IN DEFAULT AT THE TIME OF SERVICE OTHER THAN THE FINAL BALLOON PAYMENT. ANY TAXES, ASSESSMENTS. MORTGAGES, OR PRIOR CONTRACTS THAT ARE ASSUMED BY YOU); OR
(b.) YOU SECURE FROM A COUNTY OR DISTRICT COURT AN ORDER THAT THE TERMINATION OF THE CONTRACT BE SUSPENDED UNTIL YOUR CLAIMS OR DEFENSES ARE FlNALLY DISPOSED OF BY TRIAL, HEARING OR SETTLEMENT. YOUR ACTION MUST SPECIFICALLY STATE THOSE FACTS AND GROUNDS THAT DEMONSTRATE YOUR CLAIMS OR DEFENSES.
IF YOU DO NOT DO ONE OR THE OTHER OF THE ABOVE THINGS WITHIN THE TIME PERIOD SPECIFIED IN THIS NOTICE, YOUR CONTRACT WILL TERMINATE AT THE END OF THE PERIOD AND YOU WILL LOSE ALL THE MONEY YOU HAVE PAID ON THE CONTRACT; YOU WILL LOSE YOUR RIGHT TO POSSESSION OF THE PROPERTY; YOU MAY LOSE YOUR
RIGHT TO ASSERT ANY CLAIMS OR DEFENSES THAT YOU MIGHT HAVE; AND YOU WILL BE EVICTED. IF YOU HAVE ANY QUESTIONS ABOUT THIS NOTICE, CONTACT AN ATTORNEY IMMEDIATELY.
6. The name, mailing address, street address or location and telephone number of the Seller or of an attorney authorized by the seller to accept payments pursuant to this notice is:
Robert R. Kanuit
Attorney for Seller
Mailing Address: 302 W. Superior Street, Suite 700, Duluth, MN 55802
Street Address or Location where the Seller or the Attorney will accept payment pursuant to this notice: 302 W. Superior Street, Suite 700, Duluth, MN 55802
Telephone 218-722-0861
This person is authorized to receive the payments from you under this notice.
/s/ Robert R. Kanuit
Robert R. Kanuit,
Attorney for Seller
(Nov. 20, 27 & Dec. 4, 2021)