NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: August 28, 2008
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $168,300.00
MORTGAGOR(S): Daniel C. Erickson, an unmarried man and Heather Olson, an unmarried woman
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for First Horizon Home Loans, a division of First Tennessee Bank National Association, its successors and assigns
DATE AND PLACE OF REGISTERING:
Registered: October 14, 2008 Carlton County Registrar of Titles
Document Number: T000031578
ASSIGNMENTS OF MORTGAGE:
And assigned to: First Horizon Home Loans a division of First Tennessee Bank National Association
Dated: March 08, 2012
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100085200640555779
Lender or Broker: First Horizon Home Loans, a division of First Tennessee Bank National Association
Residential Mortgage Servicer: Nationstar Mortgage, LLC
Mortgage Originator: Not Applicable
CERTIFICATE OF TITLE NUMBER: 9821
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
Property Address: 1515 Moorhead Rd, Cloquet, MN 55720-2697
Tax Parcel ID Number: 06-510-8095
LEGAL DESCRIPTION OF PROPERTY: That part of the Southeast Quarter of the Southeast Quarter (SE 1/4 of SE 1/4), Section Thirty-five (35), Township Forty-Nine (49), Range Seventeen (17), Carlton County, Minnesota described as follows:
Commencing at the Southeast corner of said SE 1/4 of SE 1/4; thence North 0 Degrees 16 Minutes East (assumed bearing) along the East line of said SE 1/4 of the SE 1/4, a distance of 705.53 feet; thence South 78 Degrees 10 Minutes West along the centerline of Carlton County Highway No. 107, a distance of 352.78 feet to the actual point of beginning; thence North 0 Degrees 16 Minutes East, a distance of 32.78 feet to Judicial Monument No. 10; thence continue North 0 Degrees 16 Minutes East, a distance of 137.05 feet to Judicial Monument No. 11; thence North 88 Degrees 43 Minutes 49 Seconds West, a distance of 200.00 feet to Judicial Monument No. 12; thence South 0 Degrees 16 Minutes West, a distance of 197.77 feet of Judicial Monument No. 13; thence continue South 0 Degrees 16 Minutes West, a distance of 34.68 feet to the centerline of said Carlton County Highway No. 107; thence Easterly along said centerline along a circular curve not tangent to the last described line concave to the South, having a radius of 720.75 feet and a central angle of 12 Degrees 03 Minutes 03 Seconds, a distance of 151.59 feet the chord of said curve bears North 72 Degrees 08 Minutes 22 Seconds East, distant 151.31 feet; thence North 78 Degrees 10 Minutes East along said centerline tangent to said curve, a distance of 57.44 feet to the point of beginning, subject to the right of way of said highway over the South side thereof
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $170,313.22
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; that this is registered property;
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: May 15, 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 November 15, 2012, or the next business day if November 15, 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: March 29, 2012
ASSIGNEE OF MORTGAGEE: First Horizon Home Loans a division of First Tennessee Bank National Association
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: 023874F01