NOTICE OF MORTGAGE FORECLOSURE

 

NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: June 30, 2006

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $214,157.00

MORTGAGOR(S): Timothy M O'Marro and Marie C O'Marro, husband and wife

MORTGAGEE: Mortgage Electronic Registration Systems, Inc.

DATE AND PLACE OF RECORDING:

Recorded: October 16, 2006 Dodge County Recorder

Document Number: A 168688

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage Identification Number: 1001540-7000101997-0

Lender or Broker: American Residential Mortgage, LP

Residential Mortgage Servicer: Aurora Loan Services, LLC

Mortgage Originator: Not Applicable

COUNTY IN WHICH PROPERTY IS LOCATED: Dodge

Property Address: 19963 County Rd 24, West Concord, MN 55985

Tax Parcel ID Number: 10.022.0100

LEGAL DESCRIPTION OF PROPERTY: That part of the Southeast Quarter (SE 1/4) of the Northeast Quarter (NE 1/4) of Section Twenty-two (22), Township One Hundred Eight (108) North, Range Seventeen (17) West, described as follows: Commencing at the Northeast corner of the NE 1/4 of said Section Twenty-two (22); thence S 00 degrees 45 minutes 25 seconds W, assumed bearing along the East line of said NE 1/4, 1822.41 feet to the center line of County Road No. 24 for a point of beginning; thence N 87 degrees 39 minutes 03 seconds W, along said center line, 148.94 feet; thence N 83 degrees 34 minutes 37 seconds W, along said center line 141.81 feet; thence S 00 degrees 45 minutes 25 seconds W, 462.28 feet; thence S 89 degrees 14 minutes 35 seconds E, 290.00 feet to the East line of said NE 1/4; thence N. 00 degrees 45 minutes 25 seconds E, along said East line, 444.14 feet to the point of beginning. Being subject to an easement for the County Road No. 24 right of way over the northerly boundary thereof. Containing 3.00 acres, more or less, Dodge County, Minnesota.

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $246,071.11

THAT all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;

PURSUANT to the power of sale contained in said mortgage, the above-described property will be sold by the Sheriff of said county as follows:

DATE AND TIME OF SALE: August 19, 2010 at 11:00 AM

PLACE OF SALE: Sheriff's Main Office, Dodge County Courthouse, 22 E 6th Street, Mantorville, Minnesota to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney fees allowed by law, subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on February 19, 2011, or the next business day if February 19, 2011 falls on a Saturday, Sunday or legal holiday.

Mortgagor(s) released from financial obligation: NONE

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.

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.

DATED: July 07, 2010

MORTGAGEE:

Mortgage Electronic

Registration Systems, Inc.

Wilford & Geske, P.A.

Attorneys for Mortgagee

Lawrence A. Wilford

James A. Geske

8425 Seasons Parkway, Suite 105

Woodbury, MN 55125-4393

(651) 209-3300

File Number: 015392F01 A:28-33c