NOTICE OF CANCELLATION OF CONTRACT FOR DEED
YOU ARE NOTIFIED:
1. Default has occurred in the Contract for Deed (“Contract”) dated DECEMBER 19, 2016 and recorded on DECEMBER 19, 2016, as Document Number 1184649 in the Office of the County Recorder Registrar of Titles of OTTER TAIL COUNTY, Minnesota, in which JERRY E. LARSON and STEPHANIE A. LARSON, as Sellers, sold to ERIC DOYLE HENSON and ANGELA MARIE GREENWOOD, as Purchasers, the real property in OTTER TAIL COUNTY, Minnesota, described as follows:
The South 50 Feet of Sublot Three (3), and North 35.71 feet of Sublot Two (2) of the Southwest Quarter of the Southwest Quarter (SW 1/4 of SW 1/4) of Section Thirty (30), Township One Hundred Thirty-five (135), Range Forty-four (44), Otter Tail County, Minnesota.
Check here if all or part of the described real property is Registered (Torrens)
2. The default is as follows:
PURCHASERS HAVE FAILED TO PAY $1,087.92 FOR JUNE 2017, JULY 2017, AND AUGUST 2017 CONTRACT FOR DEED PAYMENTS. PURCHASERS HAVE ABANDONED THE PROPERTY AND REMOVED PROPERTY NOT BELONGING TO THEM AND WITHOUT SELLERS’ CONSENT.
3. For contracts executed after August 1, 1976, and prior to August 1, 1985, the purchase price was […] Dollars ($ […]) and the amount of the purchase price paid by the Purchaser is […] Dollars ($ […]), w-hich is […]% 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 NINETY (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 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, $[…] (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 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.
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:
Name: BETSEY LUND ROSS, AT LAW
(check the applicable box) Seller Attorney for Seller
Mailing Address: 15 6TH AVE. N., ST. CLOUD, MN 56303
Street Address or Location where the Seller or the Attorney will accept payment pursuant to this notice:
15 6TH AVE. N., ST. CLOUD, MN 56303
Telephone: (320) 259-4070
This person is authorized to receive the payments from you under this notice.
BETSEY LUND ROSS
LUND ROSS, PA
15 – 6th Avenue North
St. Cloud, MN 56303
Telephone: (320) 259-4070
Fax: (320) 259-4061