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Matthew R. Stenzel vs. Marketplace Home Mortgage, LLC

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: March 26, 2010

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $129,564.00

MORTGAGOR(S): Matthew R. Stenzel, a single person

MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Marketplace Home Mortgage, LLC, its successors and/or assigns

DATE AND PLACE OF RECORDING:

Recorded: March 31, 2010 Goodhue County Recorder

Document Number: A574779

ASSIGNMENTS OF MORTGAGE:

And assigned to: GMAC Mortgage, LLC

Dated: December 03, 2012

Recorded: December 10, 2012 Goodhue County Recorder

Document Number: A600675

And assigned to: Ocwen Loan Servicing, LLC

Dated: April 04, 2013

Recorded: April 15, 2013 Goodhue County Recorder

Document Number: A-604483

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage Identific

ation Number: 100249120000318654

Lender or Broker: Marketplace Home Mortgage, LLC

Residential Mortgage Servicer: Ocwen Loan Servicing, LLC

Mortgage Originator: Not Applicable

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

Property Address: 612 E 7th St, Red Wing, MN 55066-2806

Tax Parcel ID Number: 55.325.0090

LEGAL DESCRIPTION OF PROPERTY: All that part of Lot three (3) of Ladd's Outlots to the City of Red Wing, according to the plat of said Outlots now on file and of record in the office of the County Recorder of Goodhue County, State of Minnesota, described as follows:

Beginning at the southeast corner of said Lot Three (3) of Ladd's Outlots on the northerly line of East Seventh Street, run thence westerly 50 feet along the northerly line of East Seventh Street to an iron monument, thence North 6 1/2 degrees west 110 feet parallel with the east line of said Lot to an iron monument, thence northeasterly 52 feet, more or less, to an iron monument on the easterly line of said Lot at a point 124 feet distant from the place of beginning, then South 6 1/2 degrees east 124 feet along the easterly line of said lot to the place of beginning.

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $132,540.30

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: Ocwen Loan Servicing, LLC

Wilford, Geske & Cook P.A.

Attorneys for Assignee of Mortgagee

8425 Seasons Parkway, Suite 105

Woodbury, MN 55125-4393

(651) 209-3300

File Number: 027020F01

(May 25 - June 29)