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Foreclosure:Richard Boyd Olson and Nancy Jean Olson

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(S): Richard Boyd Olson and Nancy Jean Olson, husband and wife MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Magnus Financial Corporation, an Arizona corporation ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A. by assignment recorded on May 2, 2012 as Document Number A000674714 in the Office of the County Recorder of Polk County, Minnesota. ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $254,000.00 DATE OF MORTGAGE: September 30, 2004 DATE AND PLACE OF FILING: Recorded on October 12, 2004 as Document Number A000617179 in the Office of the County Recorder of Polk County, Minnesota. THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $227,914.76 LEGAL DESCRIPTION OF PROPERTY: Lot Six (6), Elmhurst Subdivision in Government Lots Three (3) and Four (4), Section Seven (7), Township One Hundred Forty-eight (148) North of Range Forty-three (43) West of the Fifth Principal meridian; and Lot Four (4), Block One (1), Shalom First Addition, Polk County, Minnesota STREET ADDRESS OF PROPERTY: 13371 ELMHURST DRIVE SE, MENTOR, MN 56736-9437 COUNTY IN WHICH PROPERTY IS LOCATED: Polk County, Minnesota TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc. NAME OF MORTGAGE ORIGINATOR: Magnus Financial Corporation, an Arizona corporation RESIDENTIAL SERVICER: Wells Fargo Bank, N.A. TAX PARCEL IDENTIFICATION NUMBER: 74.00681.00 and 74.00959.00 TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER: 100039210450008436 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: September 13, 2017 at 10:00 AM PLACE OF SALE: Polk County Sheriff’s Office, 600 Bruce Street, Crookston, Minnesota to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale. TIME AND DATE TO VACATE PROPERTY: Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on March 13, 2018. 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. MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None Dated: July 21, 2017 WELLS FARGO BANK, N.A. Mortgagee THE ACADEMY LAW GROUP, P.A. By: /s/ Rebecca F. Schiller, Esq. N. Kibongni Fondungallah, Esq. Samuel R. Coleman, Esq. *Corbin C. Smith, Esq.* Attorneys for Mortgagee The Academy Professional Building 25 Dale Street North St. Paul, MN 55102 (651) 209-9760 (16-0789-FC02) THIS IS A COMMUNICATION FROM A DEBT COLLECTOR. (July 26, August 2, 9, 16, 23 & 30, 2017)

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