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Lawrence & Mary Krueger vs CARE Financial Services

Saturday, May 25, 2013 - 12:00am

NOTICE OF MORTGAGE

FORECLOSURE SALE

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

DATE OF MORTGAGE: October 30, 2002

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $92,000.00

MORTGAGOR(S): Lawrence M. Krueger and Mary A. Krueger, husband and wife

MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for CARE Financial Services, its successors and/or assigns

DATE AND PLACE OF RECORDING:

Recorded: November 01, 2002 Goodhue County Recorder

Document Number: 475071

ASSIGNMENTS OF MORTGAGE:

And assigned to: CitiMortgage, Inc.

Dated: October 09, 2012

Recorded: October 18, 2012 Goodhue County Recorder

Document Number: A-599109

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage

Identification

Number: 100026600061974940

Lender or Broker: CARE Financial Services

Residential Mortgage Servicer: CitiMortgage, Inc.

Mortgage Originator: Not Applicable

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

Property Address: 719 21st St, Red Wing, MN 55066-3728

Tax Parcel ID Number: 55.625.0430

LEGAL DESCRIPTION OF PROPERTY: Part of the Southeast Quarter (SE1/4) of the Northeast Quarter (NE1/4), of Section 32, in Township 113 North, of Range 14 West of the Fifth Principal Meridian, in the County of Goodhue, State of Minnesota, described as follows:

From the Quarter Post between Section 32 and 33 in Township and Range aforesaid, run West 270.4 feet to a point designated in this description as "Point A" thence run West 260 feet more or less to the center line of Trunk Highway No. 58, thence Northerly along the center line of said highway 130 feet to the place of beginning of premises to be described, thence Northerly along the Center Line of said Highway 145 feet, thence East 167 1/2 feet, thence Southeasterly in a straight line towards "Point A" to the intersection with a line run due East from the place of beginning, thence due West to the place of beginning.

Except that part thereof described as follows:

Running Westerly 260 feet more or less from said "Point A" to the center of Trunk Highway No. 58, thence Northerly along the center line of said highway 202 feet to the place of beginning of premises to be excepted, thence Northerly along the center of said highway 73 feet, thence East 167 1/2 feet, thence Southeasterly in a straight line towards "Point A" to a point directly East of the point of beginning of said land to be excepted, thence run due West to the point of beginning of said land so excepted.

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $84,746.26

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: July 10, 2013 at 11:00 AM

PLACE OF SALE: Main Lobby, Law Enforcement Center, 430 W. Sixth Street, Red Wing, 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 January 10, 2014, or the next business day if January 10, 2014 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: May 25, 2013

ASSIGNEE OF MORTGAGEE: CitiMortgage, Inc.

Wilford, Geske & Cook P.A.

Attorneys for Assignee of Mortgagee

8425 Seasons Parkway, Suite 105

Woodbury, MN 55125-4393

(651) 209-3300

File Number: 027630F01

(May 25 - June 29)