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Mortgage Electronic Registration Systems, Inc vs Huffman

Thursday, February 27, 2014 - 11:20pm

NOTICE OF MORTGAGE
FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: May 17, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $140,000.00
MORTGAGOR(S): Kevin A. Huffman and Suzanne L. Huffman, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc.
DATE AND PLACE OF RECORDING:
Recorded: June 05, 2006 Goodhue County Recorder
Document Number: A 533363
LOAN MODIFICATION:
Dated: October 26, 2010
Recorded: December 06, 2010
Document Number: A581579
ASSIGNMENTS OF MORTGAGE:
And assigned to: HSBC Bank USA, National Association, as Indenture Trustee of the Fieldstone Mortgage Investment Trust, Series 2006-2
Dated: July 29, 2011
Recorded: August 12, 2011 Goodhue County Recorder
Document Number: A-587672
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100052624217143173
Lender or Broker: Fieldstone Mortgage Company
Residential Mortgage Servicer: Ocwen Loan Servicing, LLC
Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
Property Address: 575 Boxrud St, Red Wing, MN 55066-3128
Tax Parcel ID Number: 55-435-0140
LEGAL DESCRIPTION OF PROPERTY: Lot 2 in Block 9 of Pleasant View Rearrangement of Lots 1 and 16 of Auditor\'s Subdivision of Block 5 of Freeborn & Co\'s Addition to Red Wing, Minnesota, except that part thereof described as follows:
Beginning at the Northeast corner of said Lot 2 running thence Southerly along the Easterly line of said Lot for 148.5 feet to the Southeast corner of said Lot, thence run Westerly along the Southerly line of said Lot for 15 feet, more or less, to the center of the 20 inch diameter Elm tree, thence run Northeasterly to the place of beginning.
And Lot 1 in Block 9 of Pleasant View Rearrangement of Lots 1 and 16 of Auditor\'s Subdivision of Block 5 of Freeborn & Co\'s Addition to the City of Red Wing, Goodhue County, Minnesota.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $175,311.44
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: March 12, 2014 at 10:00 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 September 12, 2014, or the next business day if September 12, 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: January 25, 2014
ASSIGNEE OF MORTGAGEE: HSBC Bank USA, National Association, as Trustee of the Fieldstone Mortgage Investment Trust, Series 2006-2
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
(651) 209-3300
File Number: 011715F02
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