NOTICE OF MORTGAGE FORECLOSURE SALE | Republican Eagle

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NOTICE OF MORTGAGE FORECLOSURE SALE

Tuesday, May 12, 2009 - 1:54pm

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 conditions of the following described mortgage:

DATE OF MORTGAGE: July 22, 2003

MORTGAGOR: James E. Johnson, a single person.

MORTGAGEE: Option One Mortgage Corporation n/k/a Sand Canyon Corporation

DATE AND PLACE OF RECORDING: Recorded August 22, 2003, Goodhue County Recorder, Document No. A 491496.

ASSIGNMENTS OF MORTGAGE: Assigned to: Bank of America N.A. as successor by merger to LaSalle Bank National Association, as Trustee for Structured Asset Securities Corporation Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2003-BCll, Dated: April 8, 2009.

TRANSACTION AGENT: NONE

TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Option One Mortgage Corporation n/k/a Sand Canyon Corporation

RESIDENTIAL MORTGAGE SERVICER: American Home Mortgage Servicing, Inc

MORTGAGED PROPERTY ADDRESS: 29759 Highway 61 Boulevard, Red Wing, MN 55066

TAX PARCEL I.D. #: 431360170

LEGAL DESCRIPTION OF PROPERTY:

Part of the SE 1/4 of the SE 1/4 of section 36, in township 113 north, range 14 west, desdcribed as follows: Beginning 496 feet south of the center of the SE 1/4 of section 36; thence east 110 feet, thence south 216 feet, thence west 110 feet, thence north 216 feet to point of beginning. Said point of beginning being 476 feet north of the northerly right of way line of the Chicago, Milwaukee, St. Paul & Pacific Railroad company as located on January 24, 1947 including a permanent easement for roadway purposes from the south line of the above describe property to the north right-of-way line of U.S. Highway #61.

Said easement to be 16 1/2 feet in width and to run along the west line of theSE 1/4 of the SE 1/4 of Section 36, Township 113 North, Range 14 West.

In other words, the west line of the said SE 1/4 of the SE 1/4 will be the west line of the above described easement.

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $92,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $74,467.61

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 14, 2009 at 10:00 AM

PLACE OF SALE: Sheriff's Office, Public Safety Building, 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 attorneys1 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.

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: May 1, 2009.

Bank of America, N.A. as Trustee Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.

Paul A. Weingarden

Attorneys for Mortgagee/Assignee of Mortgagee

4500 Park Glen Road #300 Minneapolis, MN 55416

(952) 925-6888 .

40-2702 .

0011404472

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

(May 12, 19, 26, June 2, 9, 16)