Mortgage Electronic Registration Systems, Inc vs Hotchkiss

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: 08/28/2007

MORTGAGOR(S): Peter S. Hotchkiss, a single person.

MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Cornerstone Mortgage Company

SERVICER: US Bank Home Mortgage

MORTGAGE ID #: 1001770-5050003839-3

DATE AND PLACE OF RECORDING: Recorded August 29, 2007,Goodhue County Recorder, Document No. A548299.

ASSIGNMENTS OF MORTGAGE: Assigned to: Minnesota Housing Finance Agency Dated: September 24, 2007,Recorded October 01, 2007,Goodhue County Recorder, Document No. A549301.

LEGAL DESCRIPTION OF PROPERTY: Part of Lots (5) and Six (6), Block One (1), Freeborn and Co's Addition to Red Wing, described as follows: Beginning at a point 25 feet Northerly of the line between Lots Two and Five (2 & 5) in said Block on the Easterly line of South Park Street, thence Northerly along said Easterly line of South Park Street 54 feet, thence Northeasterly parallel with the line between Lots One (1) and Six (6) in said Block One (1) to the alley or water course in said Block, thence Southerly along said alley or water course to a point 25 feet North of the line between said Lots One (1) and Six (6), thence Southwesterly parallel with said line between Lots One (1) and Six (6) to South Park Street, the place of beginning.

EXCEPTING THEREFROM:

All that part of Lots 5 and 6 of Block 1 of Freeborn & Co's Addition to the City of Red Wing, now replatted as part of Lot 4 of Auditor's Subdivision of Block 1 of said Freeborn & Co's Addition according to the plat of said Auditor's Subdivision recorded in Plat book "A" page 25 now on file and of record in the Office of the County Recorder of Goodhue County, State of Minnesota, described as follows:

From the intersection of the Southerly line of Tenth Street with the Easterly line of South Park Street run Southerly 98 and 3/4 feet along the Easterly line of said South Park Street to an iron monument for a place of beginning, thence run Easterly 155 feet parallel with the Southerly line of Tenth Street to an iron monument, thence Southerly 46 feet parallel with the Easterly line of South Park Street to an iron monument, thence Westerly 155 feet parallel with the Southerly line of Tenth Street to an iron monument on the Easterly line of South Park Street, thence Northerly 46 feet along the Easterly line of South Park Street to the place of beginning.

The premises being formerly described as follows: Part of Lots 5 and 6, Block 1, Freeborn & Co's Addition to Red Wing, described as follows:

Beginning on the Easterly line of South Park Street, at a point 79 feet Northerly from the line between Lots 2 and 5 in said Block, running thence Northerly along the Easterly line of South Park Street 46 feet, thence Northeasterly parallel with the line between Lots 1 and 6 in said Block to the alley or watercourse in said Block, thence Southerly along said alley or watercourse to a point 79 feet Northerly from said line between Lots 1 and 6; thence Southwesterly parallel with said last named line to South Park Street and the point of beginning, being part of Lots 5 and 6 of Block 1 Freeborn & Co's Addition to Red Wing.

Abstract Property-Goodhue County

REGISTERED PROPERTY: No

TAX PARCEL NO.: 55.025.0060

ADDRESS OF PROPERTY:

1015 South Park Street

Red Wing, MN 55066

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $113,025.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $113,261.25

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, August 08, 2012, 10:00 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 02/08/2013 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: June 13, 2012

Minnesota Housing Finance Agency

Assignee of Mortgagee

Peterson, Fram & Bergman, P.A.

By: Michael T. Oberle

Attorneys for:

Minnesota Housing Finance Agency

Assignee of Mortgagee

55 E. 5th St., Suite 800

St. Paul, MN 55101

(651) 209-7599

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

16205-120362

6/20-7/25

Tags: public notices, foreclosures