Ameriquest Mortgage Company. vs CardellNOTICE OF MORTGAGE
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:August 21, 2004
MORTGAGORS:Kim Cardell and Michael Cardell, wife and husband.
MORTGAGEE: Ameriquest Mortgage Company.
DATE AND PLACE OF RECORDING:Recorded September 1, 2004, Goodhue County Recorder, Document No. A 509196.
ASSIGNMENTS OF MORTGAGE: Assigned to: CitiFinancial Mortgage Company s/b/m CitiMortgage, Inc.
TRANSACTION AGENT: NONE
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Ameriquest Mortgage Company
RESIDENTIAL MORTGAGE SERVICER: CitiMortgage, Inc.
MORTGAGED PROPERTY ADDRESS: 435 Spring Creek Road South, Red Wing, MN 55066
TAX PARCEL I.D. #: 557271210
LEGAL DESCRIPTION OF PROPERTY:
Deed #1 Notes For: 10-00566158
ALL THAT PART OF THE SOUTHWEST QUARTER (SW 1/4) OF THE NORTHEAST QUARTER (NE 1/4} OF SECTION 27, IN TOWNSHIP 113 NORTH, OF RANGE 15, WEST, DESCRIBED AS FOLLOWS: FROM AN IRON MONUMENT ON THE NORTH AND SOUTH QUARTER LINE OF SAID SECTION 27, DISTANT 633 FEET NORTH OF THE CENTER OF SAID SECTION, RUN NORTH 73 DEGREES 10 MINUTES EAST ALONG THE NORTHERLY LINE OF F.I. KOSEC LAND FOR 420 FEET TO AN IRON PIPE; THENCE RUN DUE NORTH 298 FEET TO THE POINT OF BEGINNING OF THE LAND HERE TO BE CONVEYED; THENCE CONTINUE DUE NORTH 180 FEET TO THE SOUTHERLY RIGHT OF WAY LINE OF SPRING CREEK ROAD; THENCE RUN EASTERLY ALONG THE SOUTHERLY RIGHT OF WAY LINE OF SAID ROAD FOR 50 FEET; THENCE RUN DUE SOUTH 180 FEET; THENCE RUN WESTERLY AND PARALLEL WITH THE SOUTHERLY RIGHT OF WAY LINE OF SAID ROAD FOR 50 FEET TO THE POINT OF BEGINNING.
THE NORTHERLY 180 FEET OF THE FOLLOWING DESCRIBED TRACT OF LAND: ALL THAT PART OF THE SOUTHWEST QUARTER (SW 1/4) OF THE NORTHEAST QUARTER (NE 1/4) OF SECTION 27, IN TOWNSHIP 113 NORTH, OF RANGE 15 WEST, IN GOODHUE COUNTY AND STATE OF MINNESOTA; DESCRIBED AS FOLLOWS; FROM AN IRON MONUMENT ON THE NORTH AND SOUTH QUARTER LINE OF SAID SECTION 27, DISTANT 633 FEET NORTH OF THE CENTER OF SAID SECTION, RUN NORTH 73 DEGREES 10 MINUTES EAST ALONG THE NORTHERLY LINE OF K.I. KOSEC LAND FOR 360 FEET TO AN IRON PIPE FOR THE PLACE OF BEGINNING OF LAND HERE TO BE CONVEYED, THENCE RUN NORTH 73 DEGREES 10 MINUTES EAST FOR 60 FEET, THENCE RUN DUE NORTH 478 FEET TO THE SOUTHERLY RIGHT OF WAY LINE OF THE SPRING CREEK ROAD, THENCE RUN WESTERLY ALONG THE SOUTHERLY RIGHT OF WAY LINE OF SAID ROAD FOR 60 FEET TO A POINT DUE NORTH OF THE PLACE OF BEGINNING, THENCE RUN DUE SOUTH 482 FEET TO THE PLACE OF BEGINNING. THE SAID NORTHERLY 180 FEET BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORHTEASTERLY CORNER OF SAID ABOVE DESCRIBED TRACT OF LAND FOR A POINT OF BEGINNING OF THE LAND TO BE CONVEYED, RUNNING THENCE WESTERLY ALONG THE NORTHERLY LINE OF SAID ABOVE DESCRIBED TRACT OF LAND 60 FEET TO THE NORTHWESTERLY CORNER THEREOF, RUNNING THENCE SOUTH ALONG THE WESTERLY LINE OF THE ABOVE DESCRIBED TRACT OF LAND 180 FEET; RUNNING THENCE EASTERLY PARALLEL TO THE NORTHERLY LINE OF THE ABOVE DESCRIBED TRACT OF LAND 60 FEET TO THE EASTERLY LINE OF THE ABOVE DESCRIBED TRACT OF LAND, RUNNING THENCE DUE NORTH 180 FEET MORE OR LESS TO THE POINT OF BEGINNING.
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:$164,500.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:$155,007.19
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: March 7, 2012 at 11:00 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 _September 7, 2012, 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: January 10, 2012.
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
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.