1508957 Foreclosure - Mallin

Foreclosure Sale

Publish July 13, 20, 27, August 3, 10, 17, 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: August 23, 2007

MORTGAGOR: Scott A. Mallin and Janet M. Mallin, Husband and Wife.

MORTGAGEE: Mortgage Electronic Registration Systems, Inc.

DATE AND PLACE OF RECORDING: Recorded September 24, 2007 Douglas County Recorder, Document No. A 299357.

ASSIGNMENTS OF MORTGAGE: Assigned to: JPMorgan Chase Bank, National Association s/b/m to Chase Home Finance LLC.

TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.

TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100131022700450921

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: American Mortgage Network, Inc.

RESIDENTIAL MORTGAGE SERVICER: JPMorgan Chase Bank, National Association

MORTGAGED PROPERTY ADDRESS: 1106 North McKay Avenue Northeast, Alexandria, MN 56308

TAX PARCEL I.D. #: 63-6060-000

LEGAL DESCRIPTION OF PROPERTY:

That part of Lot 2, Subdivision of W1/2 of NE1/4 and NW1/4 of SE1/4, Sec. 17, T. 128, R. 37, 5th P.M., Douglas County, Minnesota, according to the recorded plat on file and of record in the office of the County Recorder, Douglas County, Minnesota, described as follows:

Beginning at the southeast corner of said Lot 2; thence on an assumed bearing of South 89 degrees 01 minutes 00 seconds West along the south line of said Lot 2 a distance of 322.56 feet; thence North 00 degrees 16 minutes 37 seconds West 270.11 feet; thence North 89 degrees 01 minutes 00 seconds East 322.56 feet to the east line of said Lot 2; thence South 00 degrees 16 minutes 37 seconds East 270.11 feet to the point of beginning. Containing 2.00 acres more or less.

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $288,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $321,450.27

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 31, 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 March 1, 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: June 18, 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

30-128-2012 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

1508957

Tags: legals