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624296 Foreclosure - Klein

Mortgage Foreclosure Publish November 28, December 5, 12, 19, 26, 2007, January 2, 2008 NOTICE OF MORTGAGE FORECLOSURE SALE NOTICE IS HEREBY GIVEN that de-fault has occurred in the conditions of the following described mortgage: DATE OF MORTGAGE:...

Mortgage Foreclosure

Publish November 28, December 5, 12, 19, 26, 2007, January 2, 2008

NOTICE OF MORTGAGE

FORECLOSURE SALE

NOTICE IS HEREBY GIVEN that de-fault has occurred in the conditions of the following described mortgage:

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DATE OF MORTGAGE: February 24, 2000

MORTGAGOR(S): Kenneth M. Klein and Karen M. Klein, husband and wife

MORTGAGEE: New Century Mortgage Corporation

DATE AND PLACE OF RECORDING: Recorded: March 7, 2000, Douglas County Recorder, Document #: 196961

ASSIGNMENTS OF MORTGAGE: Said mortgage was assigned to The CIT Group/Consumer Finance, Inc., and filed with said Recorder on January 29, 2001, as Document No. 206970.

LEGAL DESCRIPTION OF PROPERTY:

Lot 1, Block 5, Wintoka, Douglas County, Minnesota

COUNTY IN WHICH PROPERTY IS LOCATED: Douglas

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ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $66,300.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUD-ING TAXES, IF ANY PAID BY MORT-GAGEE: $78,390.14

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 Mortgagors have been released from financial obligation on said mortgage; that no action or proceeding has been instituted by law to recover that debt secured by said Mortgage, or any part thereof; that all conditions precedent to foreclosure of the Mortgage and acceleration of the debt secures thereby have been fulfilled;

PURSUANT to the power of sale therein contained, said Mortgage will be foreclosed and the above described property will be sold by the Sheriff of said county as follows:

DATE AND TIME OF SALE: January 17, 2008 at 10:00 a.m.

PLACE OF SALE: Lobby of the Douglas County Law Enforcement Center, 216 Smith Ave. W., Alexandria, Minnesota 56308.

to pay the debt then secured by said Mortgage, and taxes, if any, on said prem-ises, 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.

THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

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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.

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 28, 2007

The CIT Group/Consumer

Finance, Inc.

Assignee of Mortgage

Kenneth J. Johnson

Minnesota State Bar No. 0246074

Johnson, Blumberg & Associates, LLC

Attorney for Assignee of Mortgage

39 South LaSalle Street

Suite 400

Chicago, Illinois 60603

(312) 541-9710

624296

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