What property is being foreclosed?

The notice references a parcel in Freeborn County (Lot 5, Block — full legal description truncated).

Who currently holds the mortgage?

Land Home Financial Services, Inc. (assigned from Mortgage Electronic Registration Systems, Inc.).

How much was the original loan amount?

The original principal amount was $190,300.00.

Foreclosure — Albert Lea

Official courthouse record · Indexed in NoticeRegistry archive · AI-enriched for research

Lender

Affects:HomeownersProperty BuyersCreditors

This notice announces a mortgage foreclosure sale after default on a loan originated September 30, 2025 for $190,300, secured by property in Freeborn County; the mortgage was assigned to Land Home Financial Services, Inc. and sale proceedings are underway.

Key Takeaways

Loan default on mortgage dated September 30, 2025
Original principal: $190,300.00
Mortgage assigned to Land Home Financial Services, Inc.
Recorded in Freeborn County Recorder (Doc A570894)

Published: May 14, 2026 · 5 days ago
Category: Foreclosure
City: Albert Lea

Research context

3 foreclosure notices in Albert Lea (last 12 months)

If you don't respond

If no action is taken before the foreclosure sale, the property may be sold and the homeowner could lose ownership; specific sale date and redemption details are not provided in this excerpt.

What to do next

1
Locate full notice to find sale date
Obtain the complete foreclosure notice or contact the Freeborn County Recorder to get the sale date and full legal description (refer to Document A570894 and A573222).
2
Contact the mortgage holder
Reach out to Land Home Financial Services, Inc. to discuss reinstatement, payoff, or loss mitigation options before the sale.
3
Seek legal advice immediately
Consult a foreclosure attorney or housing counselor promptly to understand rights and possible defenses; act before the foreclosure sale date.

Frequently asked questions

What property is being foreclosed?: The notice references a parcel in Freeborn County (Lot 5, Block — full legal description truncated).
Who currently holds the mortgage?: Land Home Financial Services, Inc. (assigned from Mortgage Electronic Registration Systems, Inc.).
How much was the original loan amount?: The original principal amount was $190,300.00.

The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.

Legal terms in this notice

mortgagee: The lender or entity that holds the mortgage (the party owed money).
mortgagor: The borrower who granted the mortgage on the property.
assignment of mortgage: A transfer of the lender's interest in the mortgage to another party.
recorded: Filed in the county recorder's office to give public notice of the document.

Full Notice Text

NOTICE OF MORTGAGE FORECLOSURE SALETHE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINALCREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THISACTION.NOTICE IS HEREBY GIVEN: That default has occurred in the conditions of the followingdescribed mortgage:DATE OF MORTGAGE: September 30, 2025ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $190,300.00MORTGAGOR(S): Adam Knutson, an unmarried manMORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Land HomeFinancial Services, Inc.DATE AND PLACE OF FILING: Recorded on October 6, 2025 as Document Number A570894in the Office of the County Recorder of Freeborn County, Minnesota.ASSIGNMENTS OF MORTGAGE: Assigned to: Land Home Financial Services, Inc. byassignment recorded on April 1, 2026 as Document Number A573222 in the Office of theCounty Recorder of Freeborn County, Minnesota.LEGAL DESCRIPTION OF PROPERTY: Lot 5, Bl