Mortgage Electronic Registration Systems, Inc., vs Broen

NOTICE OF MORTGAGE

FORECLOSURE SALE

NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: November 15, 2006

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $175,200.00

MORTGAGOR(S): Timothy K. Broen and Stefanie J. Broen, husband and wife, as joint tenants

MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Homecomings Financial, LLC (F/K/A Homecomings Financial Network, Inc.), its successors and assigns

DATE AND PLACE OF RECORDING:

Recorded: December 26, 2006 Goodhue County Recorder

Document Number: 540398

ASSIGNMENTS OF MORTGAGE:

And assigned to: Aurora Loan Services LLC

Dated: June 14, 2011

Recorded: June 20, 2011 Goodhue County Recorder

Document Number: 586448

And assigned to: Aurora Bank, FSB

Dated: January 09, 2012

Transaction Agent: Not Applicable

Transaction Agent Mortgage Identification Number: Not Applicable

Lender or Broker: Mortgage Electronic Registration Systems, Inc., as nominee for Homecomings Financial, LLC (F/K/A Homecomings Financial Network, Inc.), its successors and assigns

Residential Mortgage Servicer: Aurora Bank, FSB

Mortgage Originator: Not Applicable

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

Property Address: 914 S Park St, Red Wing, MN 55066-3444

Tax Parcel ID Number: 55-180-0220

LEGAL DESCRIPTION OF PROPERTY: All that part of Lots Nine (9) and Ten (10) in Block One (1) of Freeborn & Co's Addition to the City of Red Wing, according the recorded plant thereof, described as follows:

Beginning at a point on the Westerly line of South Park Street One hundred forth one and three-fourth's (141 3/4) feet Southerly from the intersection of said Westerly line of South Park Street with the Southerly line of Ninth Street; running thence Westerly and parallel with Ninth Street to the Westerly line of the Easterly Half (E 1/2) of said Lot 10; thence Northerly along the center line of said Lot Ten (10) forty one (41) feet; thence Easterly and parallel with Ninth Street to the Westerly line of South Park Street; thence Southerly and along said line forty one (41) feet to the place of beginning.

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $194,398.37

THAT all pre-foreclosure requirements have been complied with; 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: June 20, 2012 at 2:00 PM

PLACE OF SALE: Main Lobby, Law Enforcement Center, 430 W. Sixth Street, Red Wing, Minnesota

to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney 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.

If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on December 20, 2012, or the next business day if December 20, 2012 falls on a Saturday, Sunday or legal holiday.

Mortgagor(s) released from financial obligation: NONE

THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

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.

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 02, 2012

ASSIGNEE OF MORTGAGEE: Aurora Bank, FSB

Wilford, Geske & Cook P.A.

Attorneys for Assignee of Mortgagee

Lawrence A. Wilford

James A. Geske

8425 Seasons Parkway, Suite 105

Woodbury, MN 55125-4393

(651) 209-3300

File Number: 021123F02

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Tags: public notices, foreclosures