Details for NOTICE OF TERMINATION OF CONTRACT FOR DEED YOU ARE NOTIFIED:1.

NOTICE OF TERMINATION OF CONTRACT FOR DEED
YOU ARE NOTIFIED:
1. Default has occurred in the Contract for Deed (Contract) dated February 1, 2005, and recorded on July 14, 2005, as Document Number A-1068544, in the Office of the County Recorder of Olmsted County, Minnesota, in which Loren H. McClellan and Betty J. McClellan, as Trustee of the McClellan Revocable Trust Agreement dated April 15, 2003, as Seller, sold to Charles Jacobsen and Sharon Jacobsen, husband and wife, as Purchaser, and which Sellers interest in the Contract for Deed was conveyed to Matthew R. McClellan as Trustee of the Trust fbo Grandkids created under the McClellan Revocable Trust Agreement dated April 15, 2003, pursuant to that certain Trustees Deed dated November 30, 2018, and recorded December 11, 2018, as Document No. A-1463351, in connection with the real property in Olmsted County, Minnesota, described as follows:
Lot 20, Morse and Stewarts Addition, less the Easterly 198.11 feet thereof, Olmsted County, Minnesota.
2. The default is as follows: June and July 2019, installment payments of $400.00 each for a total amount in default of $800.00, and termination of Hazard Insurance coverage required by Section 7 of the Contract.
3. For contracts executed after August 1, 1976, and prior to August 1, 1985, the purchase price was [] Dollars ($ []) and the amount of the purchase price paid by the Purchaser is [] Dollars ($ []), which 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 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.) $250.00 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, $16.00 (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: Dunlap & Seeger, P.A., Attn: Mark E. Fosse
Attorney for Seller
Mailing Address: PO Box 549, Rochester, MN 55903-0549
Street Address or Location where the Seller or the Attorney will accept payment pursuant to this notice:
30 3rd Street SE, Suite 400, Rochester, MN 55904
Telephone: 507-288-9111
This person is authorized to receive the payments from you under this notice.
/s/ Mark E. Fosse

As published in the Rochester Post Bulletin.

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