NOTICE OF MORTGAGE
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:April 11, 2005
MORTGAGOR:Timothy R. Smith and Jayne Smith, husband and wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc..
DATE AND PLACE OF RECORDING: Recorded April 18, 2005 Goodhue County Recorder, Document No. A517521.
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, National Association, as Trustee for the MLMI Trust Series 2005-FM1. Dated August 23, 2005 Recorded July 14, 2009, as Document No. A567922.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT\'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 1001944-5000142639-5
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Fremont Investment & Loan
RESIDENTIAL MORTGAGE SERVICER: Select Portfolio Servicing, Inc.
MORTGAGED PROPERTY ADDRESS: 108 4th Street North, Goodhue, MN 55027
TAX PARCEL I.D. #: 64.100.0700 and 64-220-0150
LEGAL DESCRIPTION OF PROPERTY:
tscrow File No.: 3S83S
That part of the unlotted part of Block Seven (7) of Goodhue, and of Block Eight (8) of Davis\' Second Addition to Goodhue, according to the plats thereof on file and of record in the office of the County Recorder for the County of Goodhue, State of Minnesota, described as follows: From the northeast corner of said Block Seven (7), run westerly along the southerly line of Second Avenue 158 feet to the westerly line of alley in said Block, thence southerly along the westerly line of said alley 150 feet to an iron pipe for the place of beginning of premises to be described; thence deflect to the right at an angle of 97 degrees 48\' 136.4 feet to the east line of Fourth Street, thence northerly along the east line of Fourth Street 50.3 feet, thence easterly to the west line of the alley hereinabove referred to a point 50 feet northerly of the place of beginning, thence southerly along the west line of said alley to the place of beginning.
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:$101,200.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:$140,457.07
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: October 16, 2013 at 10:00 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. §580.07.
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 April 16, 2014, 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: August 9, 2013
Wells Fargo Bank, National Association, as Trustee
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
38 - 13-005565 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.