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MEMORANDUM <br />TO: Desyl Peterson <br />FROM: Nancy Husnik <br />DATE: Auguat 10, 1981 <br />RE: Gladys Olson Property - Title Search <br />---------------------------------------- <br />On August 71 1981, I did a title search on the <br />following properties: <br />Part of Lot 21, all of Lots 22 - 33, Block 1, <br />Baldur Park, Hennepin County <br />Each of these lots is registered property. The lots are <br />split up into three separate certificates with Gladys Olson <br />being the fee owner on two out of the three certificates: <br />Certificate No. Fee Owner Lot(s)- <br />550464 <br />ot a550464 Gladys L. Olson 30 <br />561776 Gladys L. Olson 31 & 32 <br />513551 Richfield Bank & Trust Part of Lot 21, <br />Lots 22 - 29 and <br />Lot 33 <br />The lots owned by Gladys Olson, Loto 30 - 32, are <br />currently in a redemption period following a sheriff's sale <br />after a mortgage foreclosure. The sheriff's sale on Lot 30 <br />occurred on March 12, 1981 and there is a six month redemption <br />period from the date of sale, therefore the redemption period <br />is up on September 12, 1981. On June 17, 1981, an Affidavit <br />for Additional Amount on Redemption was recorded by the mortgage <br />holder. Midwest Federal Savings and Loan, to include an easement <br />over Lot 31 for a private ewer system including a septic tank <br />and drain field and including the right of ingress and egress <br />to maintain and repair the system. Per the Examiner of Titles, <br />this Affidavit does not extend the redemption period. <br />Lots 30, 31 and 32 are also under a redemption period <br />due to a mortgage in favor of a party by the name of Burdick. The <br />Sheriff's Certificate of Sale is dated March 2, 1981 with a six- <br />month redemption period ending Septamber 2, 1981. Included as <br />