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Foreclosure Postponement: Wells Fargo Bank vs. Cochran

Tuesday, September 24, 2013 - 6:00pm

Foreclosure Sale

Postponement

Publish September 25, 2013

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: August 31, 2009

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $214,188.00

MORTGAGOR(S): Dawn Cochran And Neil T. Cochran, wife and husband

MORTGAGEE: Wells Fargo Bank, N.A.

DATE AND PLACE OF FILING: Recorded on September 3, 2009 in the Office of the Douglas County Recorder as Document Number A320784.

ASSIGNMENTS OF MORTGAGE: Assigned to: None.

LEGAL DESCRIPTION OF PROPERTY:

The following described property:

That part of the S 1/2 NW 1/4 of Section 8, Township 128 North, Range 36 West, Douglas County, Minnesota, described as follows:

Commencing at the northwest corner of said Section 8;

thence South 00 degrees 02 minutes 01 seconds West, assumed bearing, along the west line of said Section, 2036.32 feet to the point of beginning of the land to be described, said west line also being the centerline of a public roadway (Co. Road no. 74);

thence continuing South 00 degrees 02 minutes 01 seconds West, along said west line, 44.66 feet;

thence North 88 degrees 13 minutes 42 seconds East 1116.38 feet;

thence South 02 degrees 15 minutes 00 seconds East 43.16 feet;

thence South 82 degrees 40 minutes 22 seconds East 297.03 feet;

thence North 11 degrees 40 minutes 00 seconds East 420.47 feet;

thence North 89 degrees 57 minutes 59 seconds West 497.45 feet;

thence South 00 degrees 02 minutes 01 seconds West 290.00 feet;

thence South 88 degrees 13 minutes 42 seconds West 1000.00 feet to the point of beginning.

The tract contains 4.99 acres more or less and is subject to a public roadway easement over the West 33.00 feet thereof.

Assessors Parcel Number: 51-0075-000

STREET ADDRESS OF PROPERTY:

2141 COUNTY RD 74, NELSON, MN 56355-8148

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $209,809.61

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: September 13, 2013 at 10:00 AM

PLACE OF SALE: Douglas County Sheriff`s office, 216 7th Ave W, Alexandria, 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.

Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on March 13, 2014.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE

"THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS 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 23, 2013

WELLS FARGO BANK, N.A.

Mortgagee

SCHILLER & ADAM, P.A.

By: /s/

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Steven R. Pennock, Esq.

Curt N. Trisko, Esq.

Jeffrey D. Klobucar, Esq.

Attorneys for Mortgagee

The Academy Professional Building

25 North Dale Street

St. Paul, MN 55102

(651) 209-9760

(13-3088-FC01)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

NOTICE OF POSTPONEMENT OF MORTGAGE FORECLOSURE SALE

NOTICE IS HEREBY GIVEN, that the mortgage foreclosure sale referred to in the foregoing Notice of Mortgage Foreclosure Sale has been postponed from: September 13, 2013 at 10:00 AM to December 13, 2013 at 10:00 AM.

Said sale will be held at the main office of the Douglas County Sheriff, 216 7th Ave W, in the City of Alexandria, County of Douglas, State of Minnesota.

Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on June 13, 2014.

Dated: September 16, 2013

WELLS FARGO BANK, N.A.

Mortgagee

SCHILLER & ADAM, P.A.

By: /s/

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Steven R. Pennock, Esq.

Curt N. Trisko, Esq.

Jeffrey D. Klobucar, Esq.

The Academy Professional Building

25 North Dale Street

St. Paul, MN 55102

(651) 209-9760

(13-3088-FC01)

NOTICE OF MORTGAGE

FORECLOSURE SALE

FORECLOSURE DATA

Minn. Stat. 580.025

1) Street Address, City and Zip Code of Mortgaged Premises: 2141 COUNTY RD 74, NELSON, MN 56355-8148

2) Transaction Agent: Wells Fargo Bank, N.A.

3) Name of Mortgage Originator (Lender): Wells Fargo Bank, N.A.

4) Residential Servicer: Wells Fargo Bank, N.A.

5) Tax Parcel Identification Number: 51.0075.000

6) Transaction Agents Mortgage ID Number (MERS number): None

1793191


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