NOTICE OF MORTGAGE FORECLOSURE SALE - Bishop

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: March 14, 2006

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $191,329.47

MORTGAGOR(S): Holly Bishop and Robert Bishop, wife and husband

MORTGAGEE: Beneficial Loan and Thrift Co., a Minnesota corporation

DATE AND PLACE OF FILING: Filed March 21, 2006, Carlton County Recorder; Document No. A000400229

ASSIGNMENTS OF MORTGAGE: Assigned to: None

LEGAL DESCRIPTION OF PROPERTY:

That part of Government Lot 1, Section 32, Township 46, Range 19, Carlton County, Minnesota, described as follows:

Commencing at the West Quarter corner of said Section 32; thence on an assumed bearing of North, along the west line of said Section 32, a distance 1661.62 feet to the actual point of beginning of the tract of land herein described: Thence North 67 degrees 13 minutes 37 seconds East a distance of 386.17 feet; thence North 54 degrees 46 minutes 23 seconds West a distance of 317 feet, more or less, to the shoreline of Coffee Lake; thence Southwesterly, along last said shoreline, a distance of 150 feet, more or less, to said west line of Section 32; thence on a bearing of South, along last said West line, a distance of 222 feet, more or less, to the point of beginning.

Together with a 20.00 foot wide easement for Utility, Ingress and Egress purposes, over, under and across parts of Government Lot 3, Section 31 and Government Lot 1, Section 32, all in Township 46, Range 19, Carlton County, Minnesota. The centerline of said 20.00 foot wide easement is described as follows:

Commencing at the West Quarter corner of said Section 32; thence on an assumed bearing of north, along the west line of said Section 32, a distance of 1661.62 feet; thence North 67 degrees 13 minutes 37 seconds east, a distance of 386.17 feet; thence South 54 degrees 46 minutes 23 seconds east a distance of 11.79 feet to the actual point of the beginning of the easement centerline herein described; thence south 67 degrees 13 minutes 37 seconds West a distance of 396.62 feet to said west line of Section 32; thence South 61 degrees 29 minutes 56 seconds West a distance of 550.76 feet; thence South 26 degrees 29 minutes 56 seconds West a distance of 386.19 feet to the centerline of Coffee Lake Road and there said easement centerline terminating.

STREET ADDRESS OF PROPERTY:

4701 COFFEE LAKE RD, MOOSE LAKE, MN 55767

COUNTY IN WHICH PROPERTY IS LOCATED: Carlton County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $241,380.88

THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;

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: July 17, 2012 at 10:00 a.m.

PLACE OF SALE: Carlton County Sheriff's office, 317 Walnut Avenue, Carlton, Minnesota

to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.

Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on January 17, 2013.

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: May 17, 2012

BENEFICIAL LOAN AND THRIFT CO.

Mortgagee

REITER & SCHILLER, P.A.

By: /s/

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Brian F. Kidwell, Esq.

Steven R. Pennock, Esq.

Curt N. Trisko, Esq.

Attorneys for Mortgagee

25 North Dale Street

St. Paul, MN 55102-2227

(651) 209-9760

(G2155)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

NOTICE OF MORTGAGE FORECLOSURE SALE FORECLOSURE DATA

Minn. Stat. § 580.025

(1) Street Address, City and Zip Code of Mortgaged Premises

4701 COFFEE LAKE RD, MOOSE LAKE, MN 55767

(2) Transaction Agent

Beneficial Loan and Thrift Co., a Minnesota corporation

(3) Name of Mortgage Originator (Lender)

Beneficial Loan and Thrift Co., a Minnesota corporation

(4) Residential Servicer

HSBC CL - 800-333-5848

(5) Tax Parcel Identification Number

63-022-3975

(6) Transaction Agent's Mortgage ID Number (MERS number)

N/A

Tags: legal notices, legals