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1052936 Foreclosure - Thompson

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Foreclosure Sale

Publish March 24, 31, April 7, 14, 21, 28, 2010

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.

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NOTICE IS HEREBY GIVEN: That default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: November 21, 2008

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $150,100.00

MORTGAGOR(S): Troy L. Thompson

MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as a nominee for Meridias Capital, Inc.

TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.

MIN#: 100256014000811950

SERVICER: Ocwen Loan Servicing, LLC

LENDER: Meridias Capital, Inc..

DATE AND PLACE OF FILING: Douglas County Minnesota, Recorder , on December 19, 2008, as Document No. A 312536

ASSIGNED TO: Ocwen Loan Servicing Dated: August 13, 2009 , and recorded March 9, 2010 by Document No. A 325843 .

LEGAL DESCRIPTION OF PROPERTY: That part of Lot B, WAGNERS SUBDIVISION, According to the recorded plat thereof, and that part of Government Lots 7 and 8, all of Section 15, Township 129 North, Range 39 West, Douglas County, Minnesota, described as follows commencing at the southeast corner of said Section 15, thence on a record bearing of North 82 degrees 34 minutes 53 seconds West along the south line of said Section 15 A distance of 977.46 feet to a point hereinafter referred to as Point A thence North 34 degrees 43 minutes 31 seconds East 323.55 feet; thence North 12 degrees 52 minutes 13 seconds East 331.85 feet; thence North 65 degrees 07 minutes 14 seconds West 662.72 feet to the point of beginning of the land to be described; thence South 56 degrees 10 minutes 45 seconds West 552.31 feet, thence South 46 degrees 32 minutes 55 seconds West 258.64 feet to the northeasterly line of the State of Minnesota public access land as recorded in Book 94 of Deeds, Pages 623 thru 626; thence southeasterly along said northeasterly line of said public access a distance of 40.64 feet along a curve not tangent with the last described line; said curve is concave to the northeast has a radius of 934.24 feet a central angle of 2 degrees 29 minutes 33 seconds and the chord of said curve beards South 54 degrees 23 minutes 53 seconds East, thence continuing along said northeasterly line tangent to last described curve South 55 degrees 38 minutes 39 seconds East 105.00 feet thence South 34 degrees 21 minutes 21 seconds West along the easterly line of said public access 40 feet more or less to the shoreline of Whiskey Lake, thence southeasterly along said shoreline to the intersection of the south line of said Section 15; thence South 89 degrees 34 minutes 53 seconds East along said south line 595 feet more or less to aforesaid Point A thence North 34 degrees 43 minutes 31 seconds East 323.55 feet; thence North 12 degrees 52 minutes 13 seconds East 390 feet more or less to the shoreline Big Chippen lake thence northwesterly along said shoreline 525 feet more or less to the shoreline of big cheppewa lake, thence northwesterly along said shoreline 575 more or less to the intersection of a line bearing north 56 degrees 10 minutes 45 seconds east from the point of beginning; thence south 56 degrees 10 minutes 45 seconds west along said line 200 feet more or less tot he point at beginning containing 17.9 acres more or less and subject to an existing county road easement of record.

PROPERTY ADDRESS: 12803 County Road 58 NW, Brandon, MN 56315

PROPERTY I.D: 09-0334-640

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: One Hundred Fifty-Nine Thousand Nine Hundred Forty-Six and 56/100 ($159,946.56)

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: 10:00 AM on May 13, 2010

PLACE OF SALE: Sheriff`s Office Lobby, 216 7th Avenue West, Alexandria, MN 56308

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 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: March 24, 2010

Ocwen Loan Servicing

Randall S. Miller & Associates,

PLLC Attorneys

for Assignee of Mortgage/Mortgagee

One Financial Plaza,

120 South Sixth Street, Suite 1100

Minneapolis, MN 55402

Phone: 612-573-3677

Our File No. 10MN00047-1

ASAP# 3497218

1052936

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