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: March 5, 2007
MORTGAGORS: Douglas E. Sparby and Vaunee V. Sparby, HUSBAND AND WIFE.
MORTGAGEE: CHASE BANK USA, N.A.
DATE AND PLACE OF RECORDING: Recorded March 26, 2007, Goodhue County Recorder, Document No. A 543192.
ASSIGNMENTS OF MORTGAGE: Assigned to: CHASE HOME FINANCE,LLC., Dated: May 3, 2009.
TRANSACTION AGENT: NONE
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: CHASE BANK USA, N.A.
RESIDENTIAL MORTGAGE SERVICER: Chase Home Finance, LLC
MORTGAGED PROPERTY ADDRESS: 2233 Highway 58, Red Wing, MN 55066
TAX PARCEL I.D. #: 55-595-0270 and 55-494-0260
LEGAL DESCRIPTION OF PROPERTY:
All that part of the West 50 acres of the NE1/4 and the NE1/4 of the NW1/4 of section 5, in Township 112 North, Range 14 West of the Fifth principal meridan in the county of Goodhue, State of Minnesota described as follows: Commencing at the southwest corner of the NW 1/4 of the NE 1/4 of said Section5, thence easterly along the south line of said NW 1/4 of the NE 1/4 a distance of 327.70 feet, thence southerly deflecting to the right 110 degrees 22’ a distance of 76.93 feet; thence easterly, deflecting to the left 95 degrees 25’ a distance of 469.73 feet to the east line of the West 50 acres of the NE 1/4 of said Section 5, thence northerly, deflecting to the left 104 degrees 37’ 40 seconds along said east line a distance of 592.23 feet; thence westerly deflecting to the left 89 degrees 02’ 50 seconds a distance of 498.25 feet to a point on the southerly line of the Banitt property, being more fully described in that certain deed in Book J-10 of Deeds, page 271, Office of the Register of Deeds, Goodhue County, Minnesota, said point also being the point of beginning of the land to be described; thence southerly, deflecting to the left 14’ 20 seconds a distance of 148.10 feet; thence southerly deflecting to the right 00 degrees 18’ 49 seconds a distance of 307.40 feet; thence westerly deflecting to the right 91 degrees 36’ a distance of 298.30 feet to the easterly right of way line of State Highway No. 58; thence northerly along said easterly right of way line to a point 57.7 feet west and 1256 feet south of the Northwest corner of West 50 acres of said NE 1/4, said point being the Southwesterly corner of said Banitt property, thence North 70 degrees East along Southerly line of Banitt Property 327.0 feet to point of beginning.
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $157,700.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $166,542.16
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: July 22, 2009 at 3:00 PM,
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 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.
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 7, 2009.
Chase Home Finance, LLC 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
75-3579 26528612 .
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(May 26, June 2, 9, 16, 23, 30)