Legals
NOTICE OF MORTGAGE FORECLOSURE
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.
NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:
DATE OF MORTGAGE: July 25, 2006
MORTGAGORS: Chad A. Otis and Heather M. Otis, husband and wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc..
DATE AND PLACE OF RECORDING: Recorded August 4, 2006, Dodge County Recorder, Document No. A167554.
ASSIGNMENTS OF MORTGAGE: Assigned to: U.S. Bank, N.A., Dated: June 21, 2010.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100026902020898776
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Bell America Mortgage, LLC DBA Bell Mortgage
RESIDENTIAL MORTGAGE SERVICER: U.S. Bank Home Mortgage
MORTGAGED PROPERTY ADDRESS: 17965 535th Street, West Concord, MN 55985
TAX PARCEL I.D. #: 100080501
LEGAL DESCRIPTION OF PROPERTY:
That part of the Southeast Quarter (SE 1/4) of Section Eight (8), Township One Hundred Eight (108), Range Seventeen (17), Dodge County, Minnesota, described as: Commencing at the northeast corner of said SE 1/4; thence on an assumed bearing of West along the North line of said SE 1/4 166.00 feet to the point of beginning; thence continuing on a bearing of West along said North line 552.00 feet; thence South 1 ̊̊
06’41” East 814.00 feet; thence on a bearing of East 552.00 feet; thence North 1 ̊̊06’41” West 814 feet to the point of beginning, subject to a public road easement and all other easements of record, if any. Containing 10.31 acres, more or less.
COUNTY IN WHICH PROPERTY IS LOCATED: Dodge
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $333,900.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $330,168.71
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; 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: September 9, 2010 at 11:00 AM
PLACE OF SALE: Sheriff's Main Office, Dodge County Courthouse, 22 East 6th Street, Mantorville, MN to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys' fees allowed by law subject to redemption within twelve(12) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family 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 September 9, 2011 .
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None
"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 9, 2010.
U.S. Bank, N. A.
Mortgagee/
Assignee of Mortgagee
USSET, WEINGARDEN
AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/
Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
19-1101
6700000106
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
19-110119-1101 M:30-35c
July 21,28; August 4,11,18 & 25
© Copyright Dodge County Independent 2010
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