Notice of Mortgage Foreclosure Sale
September 09, 2025
NOTICE OF MORTGAGE
FORECLOSURE SALE
FORECLOSURE SALE
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of that certain
Mortgage dated November 3, 2023, executed by Thomas J. Pankake and Shelly M. Pankake,
husband and wife, as Mortgagors, to Manufacturers Bank & Trust Company, as Mortgagee, filed
with the Blue Earth County Recorder on November 6, 2023, as Document No. 608CR968;
That no action or proceeding has been instituted at law to recover the debt secured by
said mortgage, or any part thereof; that there has been compliance with all notice provisions and
conditions precedent as required by law; and that the mortgagee or assignee has elected to
declare the entire sum secured by the note and mortgage to be immediately due and payable as
provided in the note and mortgage;
That the original or maximum principal amount secured by the mortgage was Two
Hundred Twenty Thousand and No/100 DOLLARS ($220,000.00);
That there is due and claimed to be due on the mortgage, including interest to date hereof,
the sum of Two Hundred Twenty-Five Thousand Eight Hundred Forty-Three and 22/100
DOLLARS ($225,843.22);
And that pursuant to the power of sale therein contained, said mortgage will be
foreclosed and the tract of land lying and being in the County of Blue Earth, State of Minnesota,
described as follows, to-wit:
That part of the Northwest Quarter of the Southwest Quarter of Section 3
Township 105 North Range 26 West, described as:
Commencing at the West Quarter corner of Section 3; thence South 00 degrees 00
minutes 00 seconds West, (assumed bearing), along the west line of the Southwest
Quarter of Section 3 a distance of 223.75 feet; thence North 89 degrees 19
minutes 06 seconds East, parallel with the east - west centerline of Section 3 a
distance of 181.50 feet; thence continuing North 89 degrees 19 minutes 06
seconds East, along said parallel line, 167.13 feet to a point on the westerly
highway right of way line of Minnesota Trunk Highway No. 22; said point being
on a circular curve which center of radius bears South 70 degrees 37 minutes 31
seconds West; thence southeasterly along said highway right of way line, along a
2217.01 foot radius curve, central angle-01 degrees 05 minutes 35 seconds, an arc
distance of 42.29 feet to the point of tangency of said curve; thence South 18
degrees 16 minutes 54 seconds East, along said right of way line 181.27 feet to
the point of beginning; thence continuing South 18 degrees 16 minutes 54 seconds
East, along said right of way line, 84.11; thence South 00 degrees 00 minutes 00
seconds East, along said right of way line, 134.82 feet to a point on the south line
of the North Half of the Northwest Quarter of the Southwest Quarter of Section 3;
thence South 89 degrees 18 minutes 39 seconds West, along said south line;
264.03 feet to the southeast corner of Schimmele Addition, thence North 00
Mortgage dated November 3, 2023, executed by Thomas J. Pankake and Shelly M. Pankake,
husband and wife, as Mortgagors, to Manufacturers Bank & Trust Company, as Mortgagee, filed
with the Blue Earth County Recorder on November 6, 2023, as Document No. 608CR968;
That no action or proceeding has been instituted at law to recover the debt secured by
said mortgage, or any part thereof; that there has been compliance with all notice provisions and
conditions precedent as required by law; and that the mortgagee or assignee has elected to
declare the entire sum secured by the note and mortgage to be immediately due and payable as
provided in the note and mortgage;
That the original or maximum principal amount secured by the mortgage was Two
Hundred Twenty Thousand and No/100 DOLLARS ($220,000.00);
That there is due and claimed to be due on the mortgage, including interest to date hereof,
the sum of Two Hundred Twenty-Five Thousand Eight Hundred Forty-Three and 22/100
DOLLARS ($225,843.22);
And that pursuant to the power of sale therein contained, said mortgage will be
foreclosed and the tract of land lying and being in the County of Blue Earth, State of Minnesota,
described as follows, to-wit:
That part of the Northwest Quarter of the Southwest Quarter of Section 3
Township 105 North Range 26 West, described as:
Commencing at the West Quarter corner of Section 3; thence South 00 degrees 00
minutes 00 seconds West, (assumed bearing), along the west line of the Southwest
Quarter of Section 3 a distance of 223.75 feet; thence North 89 degrees 19
minutes 06 seconds East, parallel with the east - west centerline of Section 3 a
distance of 181.50 feet; thence continuing North 89 degrees 19 minutes 06
seconds East, along said parallel line, 167.13 feet to a point on the westerly
highway right of way line of Minnesota Trunk Highway No. 22; said point being
on a circular curve which center of radius bears South 70 degrees 37 minutes 31
seconds West; thence southeasterly along said highway right of way line, along a
2217.01 foot radius curve, central angle-01 degrees 05 minutes 35 seconds, an arc
distance of 42.29 feet to the point of tangency of said curve; thence South 18
degrees 16 minutes 54 seconds East, along said right of way line 181.27 feet to
the point of beginning; thence continuing South 18 degrees 16 minutes 54 seconds
East, along said right of way line, 84.11; thence South 00 degrees 00 minutes 00
seconds East, along said right of way line, 134.82 feet to a point on the south line
of the North Half of the Northwest Quarter of the Southwest Quarter of Section 3;
thence South 89 degrees 18 minutes 39 seconds West, along said south line;
264.03 feet to the southeast corner of Schimmele Addition, thence North 00
degrees 00 minutes 00 seconds East, along the east line of Schimmele Addition,
215.00 feet; thence North 89 degrees 18 minutes 39 seconds East, 237.64 feet to
the point of beginning.
Said parcel contains 1.28 acres, subject to any and all easements of record;
ALSO together with an easement for access purposes over and across that part of
the Northwest Quarter of the Southwest Quarter of Section 3, described as:
Commencing at the northeast corner of the above described parcel; thence South
89 degrees 18 minutes 39 seconds West, 50.00 feet; thence North 35 degrees 30
minutes 53 seconds East, 59.07 feet to a point on the westerly highway right of
way line of Minnesota Trunk Highway No. 22; thence South 18 degrees 16
minutes 54 seconds East, along said right of way line, 50.00 feet to the point of
beginning.
Property Address: 106 S.E. State Highway 22, Mapleton, MN 56065
Parcel Identification Number: R15.24.03.301.029
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will be sold by the sheriff of said county at public auction on the 6 day of November, 2025, at
10:00 o'clock A.M. at the Blue Earth County, Minnesota, Sheriff's office located at 401
Carver Road, in the City of Mankato, in said county and state, to pay the debt then secured by
said mortgage on said premises and the costs and disbursements allowed by law, subject to
redemption by the mortgagor, his personal representative or assigns within six (6) months from
date of sale.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, singlefamily dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s)
must vacate the property if the mortgage is not reinstated under Section 580.30 or the property is
not redeemed under Section 580.23 is 11:59 p.m. on May 6, 2026.
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.
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO
COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT
PURPOSE. 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.
Transaction agent: N/A.
215.00 feet; thence North 89 degrees 18 minutes 39 seconds East, 237.64 feet to
the point of beginning.
Said parcel contains 1.28 acres, subject to any and all easements of record;
ALSO together with an easement for access purposes over and across that part of
the Northwest Quarter of the Southwest Quarter of Section 3, described as:
Commencing at the northeast corner of the above described parcel; thence South
89 degrees 18 minutes 39 seconds West, 50.00 feet; thence North 35 degrees 30
minutes 53 seconds East, 59.07 feet to a point on the westerly highway right of
way line of Minnesota Trunk Highway No. 22; thence South 18 degrees 16
minutes 54 seconds East, along said right of way line, 50.00 feet to the point of
beginning.
Property Address: 106 S.E. State Highway 22, Mapleton, MN 56065
Parcel Identification Number: R15.24.03.301.029
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will be sold by the sheriff of said county at public auction on the 6 day of November, 2025, at
10:00 o'clock A.M. at the Blue Earth County, Minnesota, Sheriff's office located at 401
Carver Road, in the City of Mankato, in said county and state, to pay the debt then secured by
said mortgage on said premises and the costs and disbursements allowed by law, subject to
redemption by the mortgagor, his personal representative or assigns within six (6) months from
date of sale.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, singlefamily dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s)
must vacate the property if the mortgage is not reinstated under Section 580.30 or the property is
not redeemed under Section 580.23 is 11:59 p.m. on May 6, 2026.
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.
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO
COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT
PURPOSE. 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.
Transaction agent: N/A.
Transaction agent's Mortgage identification number: N/A.
Mortgage originator: Manufacturers Bank & Trust Company
Mortgage originator: Manufacturers Bank & Trust Company
Dated the 14th day of August, 2025.
Manufacturers Bank & Trust Company,
Mortgagee
/s/ Michael S. Dove
Michael S. Dove #214310
GISLASON & HUNTER LLP
2700 South Broadway
P. O. Box 458
New Ulm, MN 56073-0458
Phone: 507-354-3111
Fax: 507-354-8447
Attorneys for Mortgagee
Manufacturers Bank & Trust Company,
Mortgagee
/s/ Michael S. Dove
Michael S. Dove #214310
GISLASON & HUNTER LLP
2700 South Broadway
P. O. Box 458
New Ulm, MN 56073-0458
Phone: 507-354-3111
Fax: 507-354-8447
Attorneys for Mortgagee
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