First Franklin, a Division of Nat. City Bank of IN vs R. PetersenNOTICE OF MORTGAGE
NOTICE OF MORTGAGE
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
File Number: 001900F02