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.
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: 05/18/1998
MORTGAGOR(S): Thomas E. Laubach and Colleen J. Laubach, husband and wife.
MORTGAGEE: Citizens Mortgage, Inc.
SERVICER: Bank of America, N.A.
MORTGAGE ID #: NA
DATE AND PLACE OF RECORDING: Recorded May 26, 1998, Carlton County Recorder, Document No. 324331.
ASSIGNMENTS OF MORTGAGE: Assigned to: Firstar Home Mortgage Corporation Dated:May 18, 1998, Recorded May 26, 1998, Carlton County Recorder, Document No. 324332. Bank of America, N.A. Dated:January 16, 1999, Recorded March 30, 2001, Carlton County Recorder, Document No. 346937.
LEGAL DESCRIPTION OF PROPERTY: All that part of the Northeast Quarter of Southwest Quarter (NE1/4 of SW1/4), Section Thirty-five (35), Township Forty-eight (48), Range Sixteen (16), described as follows, to wit: Commencing on the South line of the said NE1/4 of SW1/4 at a point where the said South line intersects the West line of the right-of-way of State Trunk Highway No. 23; thence North along said West line of said right-of-way a distance of 50 feet; thence Westerly at right angles 100 feet; thence South along a line parallel to said right-of-way a distance of 50 feet to the South line of said NE1/4 of SW1/4; thence East on said South line to the point of beginning
All that part of the Southeast Quarter of Southwest Quarter (SE1/4 of SW1/4), Section Thirty-five (35), Township Forty-eight (48), Range Sixteen (16), described as follows, to wit: Beginning on the North line of said SE1/4 of SW1/4 where said North line intersects the West line of the right-of-way of State Trunk Highway No. 23; thence South along the said West line of right-of-way of Highway No. 23 a distance of 200 feet; thence at right angles Westerly a distance of 100 feet; thence Northerly on a line parallel with the said West line of Highway No. 23 a distance of 200 feet, more or less, to the North line of said SE1/4 of SW1/4; thence East on said North line to the point of beginning
That part of the Northeast Quarter of Southwest Quarter (NE1/4 of SW1/4) Commencing at the intersection of the centerline of the Military Road and the Westerly right-of-way line of Highway No. 23; thence South along the Westerly right-of-way of Highway No. 23, Five Hundred Seventy-five (575) feet more or less to the South line of the Northeast Quarter of Southwest Quarter (NE1/4 of SW1/4); thence West One Hundred (100) feet; thence North Five Hundred Seventy-five (575) feet, more or less, to the centerline of the Military Road; thence East along the centerline of the Military Road to the point of beginning. Said parcel being in Section Thirty-five (35), Township Forty-eight (48), Range Sixteen (16)
TAX PARCEL NO.: 69-020-2954
ADDRESS OF PROPERTY:
2415 Highway 23
Wrenshall, MN 55797
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $56,250.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $21,962.47
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: Tuesday, January 03, 2012, 10:00 a.m.
PLACE OF SALE: Sheriff's Office, Second Floor, City of Carlton
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 1 year from the date of said sale by the mortgagor(s), their personal representatives or assigns.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is 01-03-2013 at 11:59 p.m. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
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 MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: October 27, 2011
Bank of America, N.A.
Assignee of Mortgagee
Peterson, Fram & Bergman, P.A.
By: Steven H. Bruns
Bank of America, N.A.
Assignee of Mortgagee
55 E. 5th St., Suite 800
St. Paul, MN 55101
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.