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Mortgage Electronic Registration Systems vs Koplin

Tuesday, April 29, 2014 - 11:20pm

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 the conditions of the following described mortgage:
Mortgagor:Cory R. Koplin and Kristin A. Koplin, husband and wife
Mortgagee:Mortgage Electronic Registration Systems, Inc. as nominee for Bank of America, N.A.
Dated:02/24/2010
Recorded:05/24/2010
Goodhue County Recorder Document No. A576157
Assigned To:Bank of America, N.A.
Dated:11/27/2013
Recorded:12/09/2013
Goodhue County Recorder Document No. A610943
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage ID No: 1000255-0000504994-3
Lender or Broker: Bank of America, N.A.
Servicer: Bank of America, N.A.
Mortgage Originator: Bank of America, N.A.
LEGAL DESCRIPTION OF PROPERTY: The Easterly 43 feet of Lot 16, bounded and described as follows: Beginning on the line of Eleventh Street, formerly known as 10th Street at a point situated North 41 1/2 degrees East 179 feet from East Avenue, and running from said point North 41 1/2 degrees East along line of Eleventh Street 43 feet to the point where the line between said Lot 16 and 17 hereafter mentioned intersects said line of said Street and thence Southerly along said line between said Lots to the Southerly line of said Lot 16, thence South 46 degrees West on said Southerly line of said Lot 43 feet, situate on said Line South 48 1/2 degrees East from said point of beginning and thence North 48 1/2 degrees West and parallel with said line between said Lot 16 and 17 to said point of beginning. Also a strip of land 15 feet wide off from the Westerly side of Lot 17 and adjoining the land above conveyed, such strip being bounded and described as follows: Beginning at a point on said Eleventh Street, where the line between said Lot 16 and 17intersects said street and thence North 41 1/2 degrees East on said street, 15 feet and thence Southerly and parallel with said line between said Lots to Southerly line of said Lot 17 and thence South 46 degrees East on said line to the point where the same intersects said line between 16 & 17, thence Northerly along said line between said Lots to the point of beginning. All in J. Brooks Subdivision of Lot 3 and parts of Lots 4, 5 and 2 of Block 1 of Freeborn & Co`s Addition to Red Wing.
Together with an easement over the following real estate: Part of Lot 16 of J. Brook`s Subdivision of Lot 3 and part of Lots 2, 4 and 5 in Block 1 of Freeborn and Co`s Addition to Red Wing, described as follows: Beginning on the Northwesterly line of said Lot 16 at a point 43 feet Southerly from the Westerly corner thereof, running thence Southwesterly on said line 13 feet to a point 36 feet Northeasterly from the Westerly line of said Lot, running thence Southeasterly parallel with the Southwesterly line of said Lot the Southeasterly line thereof, running thence Northeasterly on said line 13.07 feet, running thence Northwesterly parallel to the Southwesterly line of said Lot to place of beginning, Goodhue County, Minnesota.
This is Abstract Property.
TAX PARCEL NO.: 55.110.0080
ADDRESS OF PROPERTY:
465 11TH ST
RED WING, MN 55066
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: 39,375.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: 38,910.25
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 14, 2014, 10:00 AM
PLACE OF SALE: Main Lobby of Law Enforcement Center, City of Red Wing
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 6 Months from the date of said sale by the mortgagor(s), their personal representatives or assigns.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is November 14, 2014 at 11:59 p.m. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORĀ’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 17, 2014
Bank of America, N.A., Assignee of Mortgagee
PETERSON, FRAM & BERGMAN, P.A.
By: Michael T. Oberle, Ben I. Rust, Jonathan R. Cuskey, Michael V. Schleisman, Tracy J. Halliday
Attorneys for:
Bank of America, N.A., Assignee of Mortgagee
55 East Fifth Street, Suite 800
St. Paul, MN 55101-1718
651-209-7599
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
16751-14-00208-1
3/26-4/30