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Foreclosure: Wells Fargo Bank vs. Weir

Thursday, July 17, 2014 - 6:08pm

Foreclosure Sale

Publish July 4, 11, 18, 25, August 1, 8, 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: Paul Arthur Weir and Cindy Jane Weir, husband and wife

Mortgagee: Option One Mortgage Corporation, a California Corporation

Dated: 04/26/2006

Recorded: 05/02/2006

Douglas County Recorder Document No. A282677

Assigned To: Wells Fargo Bank, NA as Trustee for Option One Mortgage Loan Trust 2006-2 Asset-backed Certificates, Series 2006-2

Dated: 02/19/2009

Recorded: 02/23/2009

Douglas County Recorder Document No. A314284

Transaction Agent: N/A

Transaction Agent Mortgage ID No: NA

Lender or Broker: Option One Mortgage Corporation, a California Corporation

Servicer: Ocwen Loan Servicing, LLC - RR

Mortgage Originator: Option One Mortgage Corporation, a California Corporation

LEGAL DESCRIPTION OF PROPERTY: Lot 12, Block C, Hanson`s Addition to the Townsite of Osakis, excepting therefrom the North 123 feet of Lot 12, Block C, Hanson`s Addition to the Townsite of Osakis

This is Abstract Property.

TAX PARCEL NO.: 93-0581-000

ADDRESS OF PROPERTY:

310 W. 4th Ave.

Osakis, MN 56360

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: 140,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: 170,402.40

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 22, 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 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 22, 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: June 26, 2014

Wells Fargo Bank, National

Association as Trustee for Option One Mortgage Loan Trust 2006-2,

Asset-Backed Certificates,

Series 2006-2,

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:

Wells Fargo Bank, National

Association as Trustee for Option One Mortgage Loan Trust 2006-2,

Asset-Backed Certificates,

Series 2006-2,

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.

17725-13-01256-1

1954071