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Mortgage Electronic Registration Systems, Inc vs Peggs

Thursday, November 7, 2013 - 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: March 28, 2008
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $171,636.00
MORTGAGOR(S): Leah A Peggs and John M Peggs, Wife and Husband
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for U.S. Bank, N.A., it successors and/or assigns
DATE AND PLACE OF REGISTERING:
Registered: April 17, 2008 Goodhue County Registrar of Titles
Document Number: T 22050
LOAN MODIFICATION:
Dated: January 29, 2010
Registered: March 12, 2010
Document Number: T 23462
ASSIGNMENTS OF MORTGAGE:
And assigned to: U.S. Bank National Association
Dated: January 18, 2012
Registered: February 14, 2012 Goodhue County Registrar of Titles
Document Number: T-24772
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100021268300142615
Lender or Broker: U.S. Bank, N.A.
Residential Mortgage Servicer: U.S. Bank Home Mortgage, a division of U.S. Bank National Association
Mortgage Originator: Not Applicable
CERTIFICATE OF TITLE NUMBER: 5217.0
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
Property Address: 371 Cannon View Dr, Red Wing, MN 55066-1513
Tax Parcel ID Number: 55.722.1730
LEGAL DESCRIPTION OF PROPERTY: All that part of the West Half (W1/2) of the Southwest Quarter (SW 1/4) of Section 22, Township 113 North, Range 15 West, in Goodhue County, and State of Minnesota described as follows: From the intersection on the West line of Cannon View Drive with the North line of Wright Street, run North along the West line of Cannon View Drive 470 feet; thence West 150 feet to place of beginning of tract to be conveyed; then East 50 feet; thence North 140 feet; thence West 85.6 feet; thence South 53 degrees West 70 feet; thence Southeasterly to the place of beginning
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $228,659.48
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; that this is registered property;
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: November 20, 2013 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 May 20, 2014, or the next business day if May 20, 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: October 01, 2013
ASSIGNEE OF MORTGAGEE: U.S. Bank National Association
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
(651) 209-3300
File Number: 028239F01
10/5-11/9