ADVERTISEMENT

ADVERTISEMENT

1185863 Foreclosure - Otto

Foreclosure Sale Publish December 8, 15, 22, 29, 2010, January 5, 12, 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.

Foreclosure Sale

Publish December 8, 15, 22, 29, 2010, January 5, 12, 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.

ADVERTISEMENT

NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:

DATE OF MORTGAGE: April 26, 2004

MORTGAGOR: William J. Otto, a single person.

MORTGAGEE: Neighborhood National Bank.

DATE AND PLACE OF RECORDING: Recorded April 28, 2004, Douglas County Recorder, Document No. 255646.

ASSIGNMENTS OF MORTGAGE: Assigned to: National City Real Estate Services LLC s/b/m National City Mortgage, Inc. f/k/a National City Mortgage Co., Dated: April 26, 2004, Recorded: April 28, 2004, Document No. 255647. And thereafter assigned to: PNC Bank, National Association, Dated: May 24, 2010

TRANSACTION AGENT: NONE

TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE

ADVERTISEMENT

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Neighborhood National Bank

RESIDENTIAL MORTGAGE SERVICER: PNC Bank, National Association

MORTGAGED PROPERTY ADDRESS: 12290 Chippewa Heights Northwest, Brandon, MN 56315

TAX PARCEL I.D. #: 09-0021-000

LEGAL DESCRIPTION OF PROPERTY:

NE 1/4 NE 1/4, Section 2, Township 129 North, Range 39 West, Douglas County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $103,000.00

ADVERTISEMENT

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $98,760.10

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: January 28, 2011 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 twelve (12) 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 30, 2012

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 MORTAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED."

Dated: November 19, 2010.

PNC Bank,

National Association

Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN

AND LIEBO, P.L.L.P.

By: /s/ Paul A. Weingarden

Attorneys for Mortgagee/Assignee of Mortgagee

4500 Park Glen Road #300

Minneapolis, MN 55416

(952) 925-6888

4-2154

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

1185863

What To Read Next
Ebacco's operating manager, Len Worthington, is so concerned about the issue, he brought it to the attention of administrators at Alexandria Area High School.
The warrant was issued after Cole Michelson failed to appear for a hearing at Douglas County District Court on Wednesday, Jan. 25.
Tonya Bakewell Dreher will be honored during an online ceremony March 8.
.