Notice of Forclosure Sale

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NOTICE OF MORTGAGE

FORECLOSURE SALE

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

DATE OF MORTGAGE: February 26, 2004

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $75,000.00

MORTGAGOR(S): Steven J. Swenson and Karen M. Swenson, husband and wife,

as joint tenants

MORTGAGEE: Flagship Bank, f/k/a Community Bank Minnesota Valley,

a Minnesota banking corporation

DATE AND PLACE OF RECORDING: Recorded April 21, 2004, as Document No. 1108336 in Office of the County Recorder of Stearns County and Document No. 8252183 in the Office of the County Recorder of Hennepin County, Minnesota, as modified by Modification Agreement dated May 10, 2007, filed for record July 18, 2007, as Document No. 1233196 (the Original Mortgage, and as amended by the Modification, is called the “Mortgage”).

LEGAL DESCRIPTION OF PROPERTY: Part of Lot 9 of Auditor’s Subdivision No. 1 of the City of Eden Valley, described as follows:

Beginning at the southwest corner of said Lot 9; thence running east 63 feet; thence north 33 feet, which said last named point is the point of beginning; thence running north 85 feet; thence running East 25 feet; thence running south 85 feet; thence running west 25 feet to said point of beginning, Stearns County, Minnesota

103 Stearns Avenue East, Eden Valley, MN 55329 (Parcel No. 50-30628-000)

COUNTY IN WHICH PROPERTY IS LOCATED: ———————–STEARNS

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $131,691.00.

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: August 4, 2009 at 10:00 A.M.

PLACE OF SALE: Stearns County Sheriff’s Office

807 Courthouse Square, Room S100, St. Cloud, MN 56303-4773

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 (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

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

June 10, 2009 FLAGSHIP BANK,

f/k/a Community Bank Minnesota Valley

A Minnesota Banking Corporation

Bruce A. Boeder (9349)

1000 Twelve Oaks Center Drive

Wayzata, MN 55391

Telephone (952) 475-7040

Attorneys for Mortgagee

Published in the Tri-County News Thursdays, June 18 and 25, July 2, 9, 16, and 23, 2009.