1193364 Foreclosure - 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...
Publish December 29, 2010, January 5, 12, 19, 26, February 2, 2011
NOTICE OF MORTGAGE
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, Husband and Wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc.
DATE AND PLACE OF RECORDING: Recorded May 27, 2005, Douglas County Recorder, Document No. 270722.
ASSIGNMENTS OF MORTGAGE: Assigned to: Chase Hone Finance LLC, Dated: December 10, 2010.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100061905136000076
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Summit Mortgage Corporation, A Minnesota Corporation
RESIDENTIAL MORTGAGE SERVICER: Chase Home Finance LLC
MORTGAGED PROPERTY ADDRESS: 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, Minnesota, described as follows: Beginning at the southwest corner of said Northeast Quarter; thence on an assumed bearing of East along the south line of said Northeast Quarter a distance 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 NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $240,888.25
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: February 17, 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 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 August 17, 2011.
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: December 14, 2010.
Chase Home Finance LLC
Mortgagee/Assignee of Mortgagee
AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.