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Mortgage Electronic Registration Systems, Inc vs Settell; 17725-17-00259-1

Thursday, August 10, 2017 - 11:20pm

NOTICE OF MORTGAGE
FORECLOSURE SALE
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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.
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NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described mortgage:
Mortgagor: Douglas Settell aka Doug Settell and Ladona Settell, husband and wife
Mortgagee: Mortgage Electronic Registration Systems, Inc. as nominee for Maribella Mortgage, LLC
Dated: 07/23/2003
Recorded: 07/25/2003
Goodhue County Recorder Document No. 489784
Assigned To: U.S. Bank National Association, as Trustee, successor in interest to Bank of America, National Association, as Trustee, successor by merger to LaSalle Bank National Association, as Trustee, for the Holders of the RAAC Series 2007-SP3 Trust, Mortgage Asset-Backed Pass-Through Certificates, Series 2007-SP3
Dated: 06/09/2017
Recorded: 06/19/2017
Goodhue County Recorder Document No. A639687
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage
Identification Number:
100220700000010816
Lender or Broker: Maribella Mortgage, LLC
Residential Mortgage Servicer:
Ocwen Loan Servicing, LLC
Mortgage Originator: Maribella Mortgage, LLC
LEGAL DESCRIPTION OF PROPERTY: Lot 33, Block 7, Institute Addition to the City of Red Wing, Goodhue County, Minnesota
This is Abstract Property.
TAX PARCEL NO.: 55.300.1050
ADDRESS OF PROPERTY:
1030 Putnam Ave
Red Wing, MN 55066
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $50,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $39,027.51
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: August 23, 2017, 10:00 AM
PLACE OF SALE: Main Lobby of Law Enforcement Center, 430 W. 6th St., Red Wing, MN
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 February 23, 2018 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: July 3, 2017
U.S. Bank National Association, as Trustee, successor in interest to Bank of America, National Association, as Trustee, successor by merger to LaSalle Bank National Association, as Trustee, for the Holders of the RAAC Series 2007-SP3 Trust, Mortgage Asset-Backed Pass-Through Certificates, Series 2007-SP3, Assignee of Mortgagee
PFB LAW, PROFESSIONAL
ASSOCIATION
By: Michael V. Schleisman, Michael T. Oberle, John M. Miller
Attorneys for:
U.S. Bank National Association, as Trustee, successor in interest to Bank of America, National Association, as Trustee, successor by merger to LaSalle Bank National Association, as Trustee, for the Holders of the RAAC Series 2007-SP3 Trust, Mortgage Asset-Backed Pass-Through Certificates, Series 2007-SP3, Assignee of Mortgagee
55 East Fifth Street, Suite 800
St. Paul, MN 55101-1718
651-209-7599
651-228-1753 (fax)
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
17725-17-00259-1
(07/08/2017 - 08/12/2017)