NOTICE OF MORTGAGE FORECLOSURE SALE - Depoe-Johnson

NOTICE OF MORTGAGE FORECLOSURE SALE

NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: January 19, 2007

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $115,000.00

MORTGAGOR(S): Shawn Depoe-Johnson and Elizabeth Johnson fka Elizabeth Vick, husband and wife

MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Fieldstone Mortgage Company, its successors and assigns

DATE AND PLACE OF RECORDING:

Recorded: February 02, 2007 Carlton County Recorder

Document Number: A000407377

ASSIGNMENTS OF MORTGAGE:

And assigned to: U.S. Bank National Association, as trustee, on behalf of the holders of the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2007-BC3

Dated: November 13, 2008

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage Identification Number: 1000526-470220317-5

Lender or Broker: Fieldstone Mortgage Company

Residential Mortgage Servicer: Select Portfolio Servicing

Mortgage Originator: Not Applicable

COUNTY IN WHICH PROPERTY IS LOCATED: Carlton

Property Address: 333 21st St, Cloquet, MN 55720-2124

Tax Parcel ID Number: 06-025-0180

LEGAL DESCRIPTION OF PROPERTY: Lot Five (5), Block Two (2), Carlson's Addition to Cloquet, according to the plat thereof, on file and of record in the office of the County Recorder in and for Carlton County, Minnesota and South Half of Vacated Eastern Avenue lying adjacent to said Lot 5 as vacated by city council, City of Cloquet, Minnesota, in Resolution dated May 11, 1940 and recorded May 16, 1940 in Book "2" of Misc., Page 397, Carlton County, Minnesota.

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $122,810.79

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 28, 2012 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 28, 2012, or the next business day if August 28, 2012 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: January 12, 2012

ASSIGNEE OF MORTGAGEE: U.S. Bank National Association, as trustee, on behalf of the holders of the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2007-BC3

Wilford, Geske & Cook P.A.

Attorneys for Assignee of Mortgagee

Lawrence A. Wilford

James A. Geske

8425 Seasons Parkway, Suite 105

Woodbury, MN 55125-4393

(651) 209-3300

File Number: 022687F01

Tags: legal notices, legals