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HSBC Bank USA vs Michael Brown 17725-17-00260-1

Thursday, July 20, 2017 - 11:20pm

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:
Mortgagor: Michael J. Brown and Angel M. Brown, husband and wife, as joint tenants
Mortgagee: Mortgage Electronic Registration Systems, Inc. as nominee for Paragon Home Lending, LLC
Dated: 06/26/2006
Recorded: 07/10/2006
Goodhue County Recorder Document No. A534613
Assigned To: HSBC Bank USA, N.A., as Trustee on behalf of ACE Securities Corp. Home Equity Loan Trust and for the registered holders of ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP5, Asset Backed Pass-Through Certificates
Dated: 06/09/2017
Recorded: 06/23/2017
Goodhue County Recorder Document No. A639839
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100200700000591330
Lender or Broker: Paragon Home Lending, LLC
Residential Mortgage Servicer: Ocwen Loan Servicing, LLC
Mortgage Originator: Paragon Home Lending, LLC
LEGAL DESCRIPTION OF PROPERTY: A certain tract of parcel of land in Goodhue County, in the State of Minnesota, described as follows:
Lot 18, Block 1, Pine Crest According to the recorded plat thereof, Goodhue County, Minnesota.
Subject to easements, restrictions, and reservations of record, if any.
This is Abstract Property.
TAX PARCEL NO.: 68.450.0180
ADDRESS OF PROPERTY:
1360 North Pine Drive NE
Pine Island, MN 55963
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $166,400.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $122,833.65
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 30, 2017, 11:00 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 28, 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 10, 2017
HSBC Bank USA, N.A., as Trustee on behalf of ACE Securities Corp. Home Equity Loan Trust and for the registered holders of ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP5, Asset Backed Pass-Through Certificates, Assignee of Mortgagee
PFB LAW, PROFESSIONAL ASSOCIATION
By: Michael V. Schleisman, Michael T. Oberle, John M. Miller
Attorneys for:
HSBC Bank USA, N.A., as Trustee on behalf of ACE Securities Corp. Home Equity Loan Trust and for the registered holders of ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP5, Asset Backed Pass-Through Certificates, 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.
17725-17-00260-1
07/15/2017-08/19/2017


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