1470563 Foreclosure - Lounsbery

Foreclosure Sale

Publish May 23, 30, June 6, 13, 20, 27, 2012

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: October 20, 2006

MORTGAGOR: Duane K. Lounsbery and Colleen V. Schnettler, both single persons.

MORTGAGEE: JPMorgan Chase Bank, National Association, successor in interest by purchase from the Federal Deposit Insurance Corporation as Receiver for Washington Mutual Bank f/k/a Washington Mutual Bank, FA.

DATE AND PLACE OF RECORDING: Recorded October 30, 2006 Douglas County Recorder, Document No. A288843.

ASSIGNMENTS OF MORTGAGE: NONE

TRANSACTION AGENT: NONE

TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Washington Mutual Bank, FA

RESIDENTIAL MORTGAGE SERVICER: JPMorgan Chase Bank, National Association

MORTGAGED PROPERTY ADDRESS: 3641 W Lake Louise, Garfield, MN 56332

TAX PARCEL I.D. #: 27.0166.000

LEGAL DESCRIPTION OF PROPERTY:

Lot Three (3), Block One (1), Carlson’s Shores

AND

That part of Government Lot Three (3), Section Two (2), Township One Hundred Twenty-eight (128) North, Range Thirty-eight (38) West, Douglas County, Minnesota described as follows:

Commencing at the northwest corner of Lot One (1), Block One (1), Carlson’s Shores, according to the recorded plat thereof;

Thence South 18°34’16” West 171.39 feet to the northwest corner of Lot 3, said Block One, said point of beginning of the land to be described;

Thence continuing South 18°34’16” West along the west line of said Lot 3 a distance of 84.09 feet;

Thence on a tangential curve, concave to the east, radius 320.67 feet, central angle 02°01’28” 11.33 feet to the southwest corner of said Lot 3;

Thence North 75°03’36” West not tangent 77.02 feet to the center line of the township road as recorded in Document Number 140672 and of record in the office of the Douglas County Recorder;

Thence northeasterly along said center line on a non-tangential curve, concave to the northwest, radius 867.00 feet, central angle 06°57’53” 105.39 feet, the cord of said curve bears North 33°21’02” East 105.33 feet;

Thence South 69°39’09” East not tangent 49.82 feet to the point of beginning.

Subject to an existing township road easement of record over the northwesterly 33 feet thereof.

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $250,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $257,377.41

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: July 13, 2012 at 10:00 AM

PLACE OF SALE: Lobby of Sheriff'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, including attorneys' fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.

TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(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 January 14, 2013, unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.

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: May 7, 2012.

JPMorgan Chase Bank,

National Association

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

60-3767

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

1470563

Tags: legals