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The Official Newspaper of Douglas County!

Published January 26, 2011, 12:00 AM

1193364 Foreclosure Sale - Ramsay

Foreclosure Sale

Publish December 29, 2010, January

5, 12, 19, 26, February 2, 2011

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 conditions of

the following described mortgage:

DATE OF MORTGAGE: May 23,

2005

MORTGAGORS: Douglas C.

Ramsay and Vicky K. Ramsay, Hus-

band and Wife.

MORTGAGEE: Mortgage Elec-

tronic Registration Systems, Inc.

DATE AND PLACE OF RECORD-

ING: Recorded May 27, 2005, Doug-

las County Recorder, Document No.

270722.

ASSIGNMENTS OF MORTGAGE:

Assigned to: Chase Hone Finance

LLC, Dated: December 10, 2010.

TRANSACTION AGENT: Mort-

gage Electronic Registration Systems,

Inc.

TRANSACTION AGENT'S MORT-

GAGE IDENTIFICATION NUMBER

ON MORTGAGE:

100061905136000076

LENDER OR BROKER AND

MORTGAGE ORIGINATOR STATED

ON MORTGAGE: Summit Mortgage

Corporation, A Minnesota Corporation

RESIDENTIAL MORTGAGE SER-

VICER: Chase Home Finance LLC

MORTGAGED PROPERTY AD-

DRESS: 9243 Southeast County Road

77, Alexandria, MN 56308

TAX PARCEL I.D. #: 48-0230-000

LEGAL DESCRIPTION OF

PROPERTY:

That part of the Northeast Quarter,

Section 30, Township 127 North,

Range 36 West, Douglas County, Min-

nesota, described as follows: Begin-

ning at the southwest corner of said

Northeast Quarter; thence on an as-

sumed bearing of East along the south

line of said Northeast Quarter a dis-

tance of 699.00 feet; thence North

410.00 feet; thence West 699 feet

more or less to the west line of said

Northeast Quarter; thence southerly

along said west line 410 feet more or

less to the point of beginning.

COUNTY IN WHICH PROPERTY

IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT

OF MORTGAGE: $252,800.00

AMOUNT DUE AND CLAIMED

TO BE DUE AS OF DATE OF NO-

TICE, INCLUDING TAXES, IF ANY,

PAID BY MORTGAGEE: $240,888.25

That prior to the commencement

of this mortgage foreclosure proceed-

ing 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: Feb-

ruary 17, 2011 at 10:00 AM

PLACE OF SALE: Lobby of Sher-

iff's Office, Alexandria, MN to pay the

debt then secured by said Mortgage,

and taxes, if any, on said premises,

and the costs and disbursements, in-

cluding attorneys' fees allowed by law

subject to redemption within six (6)

months from the date of said sale by

the mortgagor(s), their personal repre-

sentatives or assigns unless reduced

to Five (5) weeks under MN Stat.

ยง580.07.

TIME AND DATE TO VACATE

PROPERTY: If the real estate is an

owner-occupied, single-family dwell-

ing, unless otherwise provided by law,

the date on or before which the mort-

gagor(s) must vacate the property if

the mortgage is not reinstated under

section 580.30 or the property is not

redeemed under section 580.23 is

11:59 p.m. on August 17, 2011.

MORTGAGOR(S) RELEASED

FROM FINANCIAL OBLIGATION ON

MORTGAGE: None

"THE TIME ALLOWED BY LAW

FOR REDEMPTION BY THE MORT-

GAGOR, THE MORTGAGOR'S PER-

SONAL REPRESENTATIVES OR AS-

SIGNS, MAY BE REDUCED TO FIVE

WEEKS IF A JUDICIAL ORDER IS

ENTERED UNDER MINNESOTA

STATUTES, SECTION 582.032, DE-

TERMINING, AMONG OTHER

THINGS, THAT THE MORTAGED

PREMISES ARE IMPROVED WITH A

RESIDENTIAL DWELLING OF LESS

THAN FIVE UNITS, ARE NOT PROP-

ERTY USED IN AGRICULTURAL

PRODUCTION, AND ARE ABAN-

DONED."

Dated: December 14, 2010.

Chase Home Finance LLC

Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN

AND LIEBO, P.L.L.P.

Attorneys for Mortgagee/Assignee of

Mortgagee

4500 Park Glen Road #300

Minneapolis, MN 55416

(952) 925-6888

30-9891

THIS IS A COMMUNICATION

FROM A DEBT COLLECTOR.

1193364

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