Goodhue County's No. 1 news Web site

Published May 23, 2012, 12:00 AM

First Franklin, a Division of Nat. City Bank of IN vs R. Petersen

NOTICE OF MORTGAGE

NOTICE OF MORTGAGE

FORECLOSURE SALE

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

DATE OF MORTGAGE: October 24, 2005

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $156,750.00

MORTGAGOR(S): Ruth A. Petersen and Daniel D. Petersen, wife and husband

MORTGAGEE: First Franklin, a Division of Nat. City Bank of IN

DATE AND PLACE OF RECORDING:

Recorded: November 15, 2005 Goodhue County Recorder

Document Number: A 526151

ASSIGNMENTS OF MORTGAGE:

And assigned to: First Franklin Financial Corporation

Dated: March 07, 2006

Recorded: April 03, 2006 Goodhue County Recorder

Document Number: A 530935

And assigned to: U.S. Bank National Association, as trustee for the holders of the First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2006-FF2

Dated: November 14, 2005

Transaction Agent: Not Applicable

Transaction Agent Mortgage Identification Number: Not Applicable

Lender or Broker: First Franklin, a Division of Nat. City Bank of IN

Residential Mortgage Servicer: Select Portfolio Servicing, Inc.

Mortgage Originator: Not Applicable

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

Property Address: 1231 Foursome St, Red Wing, MN 55066-3046

Tax Parcel ID Number: 55.510.0320

LEGAL DESCRIPTION OF PROPERTY: Lot 7 in Block 2 of Sunnyclub Park Addition, City of Red Wing, Goodhue County, Minnesota, according to the plat thereof on file and of record in the Office of the County Recorder in and for said County and State.

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $163,639.39

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: July 18, 2012 at 11:00 AM

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 January 18, 2013, or the next business day if January 18, 2013 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 23, 2012

ASSIGNEE OF MORTGAGEE: U.S. Bank National Association, as trustee for the holders of the First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2006-FF2

Wilford, Geske & Cook P.A.

Attorneys for Assignee of Mortgagee

8425 Seasons Parkway, Suite 105

Woodbury, MN 55125-4393

(651) 209-3300

File Number: 001900F02

5/23-6/27

Tags:

More from around the web