Mortgage Electronic Registration Systems, Inc vs FossNOTICE OF MORTGAGE
NOTICE OF MORTGAGE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: November 21, 2003
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $372,000.00
MORTGAGOR(S): Michael C. Foss and Sherrie L. Foss, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for market Place Home Mortgage, LLC, its successors and/or assigns
DATE AND PLACE OF RECORDING:
Recorded: December 08, 2003 Goodhue County Recorder
Document Number: A 497339
ASSIGNMENTS OF MORTGAGE:
And assigned to: Compass Bank
Dated: July 06, 2011
Recorded: November 21, 2011 Goodhue County Recorder
Document Number: A-590229
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100012900017298519
Lender or Broker: Marketplace Home Mortgage, LLC
Residential Mortgage Servicer: RoundPoint Mortgage
Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
Property Address: 49596 170th Ave, Pine Island, MN 55963-6726
Tax Parcel ID Number: 40-024-0800
LEGAL DESCRIPTION OF PROPERTY: Parcel A
Part of the Southwest Quarter of the Southeast Quarter of Section 24, Township 109 North, Range 16 West of the Fifth Principal Meridian in the County of Goodhue, State of Minnesota, described as follows:
Commencing at the Southwest corner of the Southeast Quarter of said Section 24, thence east along the south section line 930 feet; thence north parallel with the west line of said Southeast Quarter, 920 feet; thence west, parallel with the South section line, 930 feet, thence south 920 feet to the point of beginning. Containing 19.63 acres.
Together with an easement across
That part of the Northwest Quarter of the Southwest Quarter, the Northeast Quarter of the Southwest Quarter, and the Southeast Quarter of the Southwest Quarter of Section 24, Township 109 North, Range 16 West, lying 100.00 feet southerly of, parallel with, adjacent and contiguous to the following described line:
Commencing at the northwest corner of said Northwest Quarter of the Southwest Quarter; thence on an assumed bearing of South 00 degrees 31 minutes 37 seconds East a distance of 465.00 feet along the west line of said Northwest Quarter of the Southwest Quarter, to the point of beginning; thence South 89 degrees 31 minutes 18 seconds East 999.03 feet; thence South 37 degrees 25 minutes 02 seconds East 366.53 feet; thence South 60 degrees 29 minutes 48 seconds East 368.71 feet; thence North 77 degrees 46 minutes 16 seconds East 57.51 feet; thence South 55 degrees 59 minutes 40 seconds East 203.42 feet; thence North 47 degrees 07 minutes 13 seconds East 219.06 feet; thence South 42 degrees 44 minutes 58 seconds East 1041.25, to the east line of said Southeast Quarter of the Southwest Quarter, and there terminating. Containing 7.47 acres.
The easterly end of said parcel shall be prolonged or shortened to terminate on the east line of said Southeast Quarter of the Southwest Quarter.
The westerly end of said parcel shall be prolonged or shortened to terminate on the west line of said Northwest Quarter of the Southwest Quarter.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $356,170.60
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: January 09, 2013 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 twelve (12) 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 09, 2014, or the next business day if January 09, 2014 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: November 03, 2012
ASSIGNEE OF MORTGAGEE: Compass Bank
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
File Number: 021154F03