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Mortgage Electronic Registration Systems, Inc. vs Broen

Saturday, April 13, 2013 - 12:00am

NOTICE OF MORTGAGE

FORECLOSURE SALE

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:November 1, 2006

MORTGAGOR:Timothy K. Broen and Stefanie J. Broen, husband and wife.

MORTGAGEE:Mortgage Electronic Registration Systems, Inc.

DATE AND PLACE OF RECORDING: Recorded November 27, 2006 Goodhue County Recorder, Document No. A 539489.

ASSIGNMENTS OF MORTGAGE: Assigned to: JPMorgan Chase Bank, National Association. Dated July 22, 2011 Recorded July 29, 2011, as Document No. A-587387.

TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.

TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100062604711574956

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Homecomings Financial, LLC (F/K/A Homecomings Financial Network, Inc.)

RESIDENTIAL MORTGAGE SERVICER: JPMorgan Chase Bank, National Association

MORTGAGED PROPERTY ADDRESS: 920 South Park Street, Red Wing, MN 55066

TAX PARCEL I.D. #: 551800210

LEGAL DESCRIPTION OF PROPERTY:

All that part of Lots 9 and 10 in Block 1 of Freeborn & Co's Addition to the City of Red Wing, described as follows:

Beginning on the Westerly line of South Park Street 141 & 3/4 feet from the Northeasterly corner of South Park Street and Ninth Street, running thence at right angles Westerly 108 1/2 feet; thence Southerly and parallel with the Easterly line of said Lot 10, 72 feet; thence Easterly at right angles 108 1/2 feet to South Park Street; thence Northerly along Westerly line of said street 72 feet to place of beginning, Goodhue County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $91,500.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:$103,369.99

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: May 22, 2013 at 11:00 AM

PLACE OF SALE:Sheriff's Office, Main Lobby of the Law Enforcement Center, 430 West 6th Street, Red Wing, 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 six (6) 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. ยง580.07.

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 November 22, 2013, unless that date falls on a weekend or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.

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: March 28, 2013

JPMorgan Chase Bank, National Association

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

30 - 13-002728 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

4/13-5/18


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