NOTICE OF CANCELLATION OF CONTRACT FOR DEED

NOTICE OF
CANCELLATION OF
CONTRACT FOR DEED
YOU ARE NOTIFIED:
1. Default has occurred in that Contract for Deed (“Contract11) executed and witnessed by a Notary Public on October 101h, 2018 in which BRYANT KRISTIANSON, A/K/A BRYANT N. KRISTIANSON, as seller. sold to JOSHUA ABELSON & BRANDIE SMITH, as purchasers. though never recorded. the real property in St. Louis County, Minnesota, described as follows:
Thirteen (13) and Fourteen (14). Block Eleven (11), Auditor’s Plat of Chandler’s Addition to Ely, St. Louis County. MN
And commonly known as:
404 W. Shagawa Road
Ely, MN 55731
2. The default is as follows:
• Failure to make payments from January 2021 through present. with exception of one payment of $4,158.02. Total delinquent payments are in the amount of $4,217.98.
• Failure to pay property taxes, totaling $1,813.00.
• Failure to pay for insurance. totaling $410.00. for a total of $6,440.98
3. For contracts executed after August 1. 1976. and prior to August 1. 1985, the purchase price was NIA Dollars($[ ... ]) 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. 1 e.
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 SIXTY (60) DAYS AFTER SERVICE OF THIS NOTICE UPON YOU OR 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.l THE AMOUNT THIS NOTICE SAYS YOU OWE: PLUS
(2.) THE COSTS OF SERVICE ITO 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. $63.98 lWHICH 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: BRYANT KRISTIANSON, A/K/A BRYANT N. KRISTIANSON
Mailing Address: 115516 McGrath Ln, Naperville, IL 60564
Telephone: (630} 336--0937
This person is authorized to receive the payments from you under this notice.
JOEL A. KRISTIANSON, as Attorney-in-Fact for BRYANT KRISTIANSON, A/K/A BRYANT N. KRISTIANSON