Goodhue County's No. 1 news Web site

Published June 13, 2008, 12:00 AM

NOTICE OF MORTGAGE FORECLOSURE SALE

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: December 30, 2003

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $314,900.00

MORTGAGOR(S): Michael A. Johnson and Laura L. Johnson, husband and wife

MORTGAGEE: Wells Fargo Home Mortgage, Inc., a California corporation, n/k/a Wells Fargo Bank, N.A., successor by merger to Wells Fargo Home Mortgage, Inc.

DATE AND PLACE OF FILING: Filed January 9, 2004, Goodhue County Recorder; Document No. A 498699

ASSIGNMENTS OF MORTGAGE: Assigned to: none

LEGAL DESCRIPTION OF PROPERTY:

Lot 28 in Block 1 of El Dorado according to the plat thereof on file and of record in the office of the County Recorder for the County of Goodhue and State of Minnesota. And that part of Lot 27, Block 1, El Dorado, according to the recorded plat thereof, Goodhue County, Minnesota, lying northeasterly and easterly of the following described line, Commencing at the most westerly corner of said Lot 27; thence North 62 degrees 18 minutes 15 seconds (assumed bearing) along the northwesterly line of said Lot 27 a distance of 134.02 feet to the point of beginning of the line to be described; thence South

45 degrees 49 minutes 55 seconds East 49.85 feet; thence South 47 degrees 29 minutes

46 seconds East 570.26 feet to the southeasterly line of said Lot 27 and said line there terminating.

COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $311,398.20

THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;

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: August 20, 2008 at 10:00 a.m.

PLACE OF SALE: Goodhue County Sheriff’s office, Law Enforcement Center, 430 West Sixth Street, Red Wing, Minnesota

to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.

“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 10,2008

WELLS FARGO BANK, N.A. Mortgagee

REITER & SCHILLER, P.A.

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Leah K. Weaver, Esq.

Attorneys for Mortgagee

25 North Dale Street

St. Paul, MN 55102-2227

(651)209-9760

(X1223)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

(June 13,20,27,July 3,11,18)

More from around the web

Sign the guestbook

Comments posted on this page do not reflect opinions of Forum Communications Company. Forum Communications Company does not endorse and is not responsible for any statement, opinion, advice given or made. All replies are subject to approval and must follow Forum Communications Company guidelines concerning statements of libel, personal attacks or defamation of character. Replies in the "Talk About It" section that criticize a person by name may not be posted, unless that person is openly involved in a public issue. Comments written in all capital letters or bold print will not be considered for inclusion in the forum.

Terms & Conditions