Maribella Mortgage, LLC vs Rea

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:

DATE OF MORTGAGE: 08/21/2002

MORTGAGOR(S): Robert A. Rea and Amy L. Rea, husband and wife.

MORTGAGEE: Maribella Mortgage, LLC

SERVICER: CitiMortgage

MORTGAGE ID #: N/A

DATE AND PLACE OF RECORDING: Recorded August 22, 2002,Goodhue County Recorder, Document No. 471862.

ASSIGNMENTS OF MORTGAGE: Assigned to: CitiFinancial Mortgage Company, Inc. Dated: April 30, 2004,Recorded May 07, 2004,Goodhue County Recorder, Document No. 504040.

LEGAL DESCRIPTION OF PROPERTY: Part of Government Lot 4, of Section 31, in Township 113 North, of Range 14 West, in the City of Red Wing, County of Goodhue, State of Minnesota, described as follows: From a stone monument at the Southwest Corner of Sunnyside Rearrangement of part of Kost and Crescy's Addition to the City of Red Wing (also being the Southwest corner of Lot 20, of said Sunnyside Rearrangement), run South 32 degrees 28 minutes West for 168 feet to the place of beginning of the tract to be described, thence deflect to the left at an angle of 90 degrees for 175 feet, thence deflect to the right at an angle of 90 degrees for 105 feet, thence deflect to the right at an angle of 90 degrees 175 feet to highway, thence deflect to the right at an angle of 90 degrees 105 feet to the place of beginning. Abstract property - Goodhue County

REGISTERED PROPERTY: No

TAX PARCEL NO.: 55.620.0270

ADDRESS OF PROPERTY:

1701 Twin Bluff Rd

Red Wing, MN 55066

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $162,450.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $152,207.39

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: Wednesday, March 21, 2012, 11:00 a.m.

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 09/21/2012 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: January 23, 2012

CitiMortgage, Inc.

Assignee of Mortgagee

Peterson, Fram & Bergman, P.A.

By: Steven H. Bruns

Attorneys for:

CitiMortgage, Inc.

Assignee of Mortgagee

55 E. 5th St., Suite 800

St. Paul, MN 55101

(651) 209-7599

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

12890-110523

2/1-3/7

Tags: public notices, foreclosures