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
File Number: 022687F01