624302 Foreclosure - Schmidt
Mortgage Foreclosure Publish November 28, December 5, 12, 19, 26, 2007, January 2, 2008 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 AFFECTE...
Publish November 28, December 5, 12, 19, 26, 2007, January 2, 2008
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 the conditions of the following described mortgage:
DATE OF MORTGAGE: June 08, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $144,000.00
MORTGAGOR(S): William Schmidt and Kristy Schmidt, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation
DATE AND PLACE OF FILING: Filed June 15, 2006, Douglas County Recorder, Document No. A 284208
ASSIGNMENTS OF MORTGAGE: Assigned to: US Bank, National Association as Trustee for the MLMI SURF Trust Series 2006-BC4
LEGAL DESCRIPTION OF PROPERTY:
The East 80 feet of Lots 5, 6, and 7, Block 20, Hole's Second Addition to the Townsite of Alexandria
COUNTY IN WHICH PROPERTY IS LOCATED: Douglas County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $149,068.24
THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;
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 11, 2008 at 10:00 a.m.
PLACE OF SALE: Douglas County Sheriff's office, 216 Seventh Avenue West, Alexandria, Minnesota
to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.
"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: November 26, 2007
US BANK, NATIONAL ASSOCIATION
AS TRUSTEE FOR THE MLMI
SURF TRUST SERIES 2006-BC4
REITER & SCHILLER, P.A.
/s/ Thomas J. Reiter, Esq.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Leah K. Weaver, Esq.
Attorneys for Mortgagee
25 North Dale Street, 2nd Floor
St. Paul, MN 55102-2227
Attorney Reg. No. 152262
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.