Weather Forecast

Close

Mortgage Electronic Registration Systems, vs Stewart

Tuesday, April 22, 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:John J. Stewart and Susan M. Stewart, husband and wife
Mortgagee:Mortgage Electronic Registration Systems, Inc. as nominee for Finance America, LLC
Dated: 06/14/2005
Recorded: 08/30/2005
Goodhue County Recorder Document No. A522930
Assigned To:HSBC Bank USA, National Association as Trustee for Friedman, Billings, Ramsey Group, Inc. (FBR) Securitization Name-FBRSI 2005-2
Dated: 08/25/2008
Recorded: 09/09/2008
Goodhue County Recorder Document No. A559091
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage ID No: 100052300417418851
Lender or Broker: Finance America, LLC
Servicer: JPMorgan Chase Bank, N.A.
Mortgage Originator: Finance America, LLC
LEGAL DESCRIPTION OF PROPERTY: Lot 6 and the Northerly 20 feet of Lot 7 adjacent to said Lot 6 and extending back the full length of said Lot 7 in Block 69 in the Town of Frontenac, according to the plat thereof on file and of record in the office of the County Recorder in and for Goodhue County, Minnesota
This is Abstract Property.
TAX PARCEL NO.: 32.130.2040
ADDRESS OF PROPERTY:
29057 Westervelt Avenue Way W
Frontenac, MN 55026
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $135,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $218,603.34
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 7, 2014, 11:00 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 7, 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 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 11, 2014
HSBC Bank USA, National Association as Indenture Trustee of the FBR Securitization Trust 2005-2, Callable Mortgage-Backed Notes, Series 2005-2, 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:
HSBC Bank USA, National Association as Indenture Trustee of the FBR Securitization Trust 2005-2, Callable Mortgage-Backed Notes, Series 2005-2, 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.
16309-100668
3/19-4/23


randomness