NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: March 12, 2007
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $100,800.00
MORTGAGOR(S): Jason B. Maslowski and Gretchen A. Maslowski, Husband and Wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Best Rate Funding Corp., its successors and/or assigns
DATE AND PLACE OF RECORDING:
Recorded: March 23, 2007 Carlton County Recorder
Document Number: A000408563
ASSIGNMENTS OF MORTGAGE:
And assigned to: HSBC Bank USA, N.A., as Trustee on behalf of ACE Securities Corp. Home Equity Loan Trust and for the registered holders of ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE5, Asset Backed Pass-Through Certificates
Dated: July 16, 2013
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 1003008-0703002264-7
Lender or Broker: Best Rate Funding Corp
Residential Mortgage Servicer: Ocwen Loan Servicing, LLC
Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
Property Address: 26 13th St, Cloquet, MN 55720-1846
Tax Parcel ID Number: 06-290-3900
LEGAL DESCRIPTION OF PROPERTY: Lot 16, Block 15, Northern Lumber Company's Eastern Division to the City of Cloquet.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $107,730.06
THAT all pre-foreclosure requirements have been complied with; 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 04, 2014 at 10:00 AM
PLACE OF SALE: Sheriff's Main Office, Law Enforcement Center, 317 Walnut Ave. 2nd Floor, Carlton, Minnesota
to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney 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.
If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on August 04, 2014, or the next business day if August 04, 2014 falls on a Saturday, Sunday or legal holiday.
Mortgagor(s) released from financial obligation: NONE
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
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 MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
DATED: December 19, 2013
ASSIGNEE OF MORTGAGEE: HSBC Bank USA, N.A., as Trustee on behalf of ACE Securities Corp. Home Equity Loan Trust and for the registered holders of ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE5, Asset Backed Pass-Through Certificates
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
File Number: 029475F01