NOTICE OF CANCELLATION OF CONTRACT FOR DEED
YOU ARE HEREBY NOTIFIED THAT:
1. A default has occurred in the Contract for Deed (“Contract”) dated December 7, 2018 and recorded on December 26, 2018 as Document Number Al535627 in the Office of the County Recorder of Steams County, Minnesota, in which Tamara M. Gerads, an unmarried individual (“Seller”), sold to Paul Forcia, an unmarried individual (“Purchaser”), the real property located in Stearns County, Minnesota, and legally described as follows:
See attached “Exhibit A”.
2. The default that occurred on the Contract is as follows:
Purchaser failed to make full monthly payments of principal and interest for the months of June 2019 through September 2019. Purchaser owes Seller $2,600.00 in past due contract for deed payments, plus late fees of $200.00.
The total outstanding balance due is $2,800.00.
3. The requirements listed in Minn. Stat. Ann. § 559.209 regarding agricultural property is not applicable.
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, $[AMOUNT] (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 BYYOU); 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 FINALLY 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.
5. The following person is authorized to accept payments from you pursuant to this notice:
Name:
Craig A. Hanson
Hanson Law Office, PA
Attorney for Seller
Mailing Address:
24707 County Road 75
St. Augusta, MN 56301
Street address or location where the attorney for seller will accept payment pursuant to this notice:
Hanson Law Office, PA
24707 County Road 75
St. Augusta, MN 56301
Telephone Number:
(320) 257-3388
Date: September 30, 2019
HANSON LAW OFFICE, PA
Craig A. Hanson; Attorney at Law
EXHIBIT A to Notice of Cancellation of Contract for Deed
Legal Description:
All that part of Lot Three (3) in Block Two (2) of Edelbrock’s Addition to St. Cloud according to the plat and survey thereof on file and of record in the office of the County Recorder in and for -Stearns County, Minnesota, bounded by a line described as follows, to-wit: Commencing at the Northwesterly corner of said Lot 3 thence Easterly along the Northerly boundary of said Lot 3, 132 feet; thence Southerly along the Easterly boundary of said Lot 3, 36 feet thence Westerly parallel with the Northerly line of said Lot 3 to its Westerly line; thence Northerly along said Westerly line of said Lot 3 36 feet to the point of beginning.
ABSTRACT PROPERTY
Published in the Tri-County News Thursdays, Oct. 3, 10, and 17, 2019.