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Foreclosure: Deutsche Bank vs. Young

Thursday, May 29, 2014 - 6:00pm

Foreclosure Sale

Publish April 25, May 2, 9, 16, 23, 30, 2014

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: Royce D. Young, a single person

Mortgagee: Aames Funding Corporation DBA Aames Home Loan

Dated: 08/14/2003

Recorded: 08/25/2003

Douglas County Recorder Document No. 245955

Assigned To: Deutsche Bank National Trust Company, as trustee for Morgan Stanley ABS Capital I Inc. Trust 2003-HE3 Mortgage Pass-Through Certificates, Series 2003-HE3

Dated: 03/04/2009

Recorded: 08/14/2009

Douglas County Recorder Document No. A320198

Transaction Agent: N/A

Transaction Agent Mortgage ID No: N/A

Lender or Broker: Aames Funding Corporation DBA Aames Home Loan

Servicer: Ocwen Loan Servicing, LLC - RR

Mortgage Originator: Aames Funding Corporation DBA Aames Home Loan

LEGAL DESCRIPTION OF PROPERTY: Government Lots 3 and 4, Section 7, Township 130, Range 36, Douglas County, Minnesota, Excluded that portion taken for Highway.

This is Abstract Property

TAX PARCEL NO.: 57-0042-000

ADDRESS OF PROPERTY:

18101 Hardwood Road NE

Miltona, MN 56354

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $80,580.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $86,889.54

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: June 13, 2014, 10:00 AM

PLACE OF SALE: Lobby of the Douglas County Law Enforcement Center, City of Alexandria

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 1 Year 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 June 13, 2015 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: April 15, 2014

Deutsche Bank National Trust Company as Trustee for Morgan

Stanley ABS Capital I Inc. Trust 2003-HE3 Mortgage Pass-Through Certificates, Series 2003-HE3,

Assignee of Mortgagee

PETERSON, FRAM &

BERGMAN, P.A.

By: Michael T. Oberle, Ben I. Rust, Jonathan R. Cuskey, Michael V. Schleisman, Tracy J. Halliday

Attorneys for:

Deutsche Bank National Trust

Company as Trustee for Morgan

Stanley ABS Capital I Inc. Trust 2003-HE3 Mortgage Pass-Through Certificates, Series 2003-HE3,

Assignee of Mortgagee

55 East Fifth Street, Suite 800

St. Paul, MN 55101-1718

651-209-7599

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

17725-13-01492-1

1903418