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 conditions of the following described mortgage:
DATE OF MORTGAGE: September 8, 2006
MORTGAGOR: Jeffery J. McCorison and Jacqueline R. McCorison, Husband and Wife.
MORTGAGEE: JPMorgan Chase Bank, National Association as successor in interest by purchase from the Federal Deposit Insurance Corporation as receiver for Washington Mutual Bank f/k/a Washington Mutual Bank, FA.
DATE AND PLACE OF RECORDING:
Recorded September 14, 2006 Carlton County Recorder, Document No. A000404373.
ASSIGNMENTS OF MORTGAGE: NONE
TRANSACTION AGENT: NONE
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Washington Mutual Bank, FA
RESIDENTIAL MORTGAGE SERVICER: JPMorgan Chase Bank, National Association
MORTGAGED PROPERTY ADDRESS: 1923 County Road 61, Carlton, MN 55718
TAX PARCEL I.D. #: 81-060-3830
LEGAL DESCRIPTION OF PROPERTY:
That part of the Northwest Quarter of Section 20, Township 48 North, Range 17 West, described as follows:
Commencing at the North quarter section of Section 20; thence North 89°24'58" West, assumed bearing, along the North line of Section 20, a distance of 466.00 feet to the point of beginning; thence continuing North 89°24'58" West, along said North line, a distance of 534.00 feet; thence South 33°42;05" East, a distance of 1,080.18 feet to the Northwesterly right-of-way line of the Burlington Northern Railway Co. (now State of Minnesota); thence Northeasterly, along said Northwesterly right-of-way line, a distance of 497.50 feet to a point that bears South 37°54;58" East from the point of beginning; thence North 37°54'58" West, along said line, a distance of 732.93 feet to the point of beginning; and subject to the existing County state Aid Highway No. 61 along the Southeasterly line.
EXCEPT that part thereof that lies within the following described parcel: That part of the Northeast Quarter of Northwest Quarter, Section 20, Township 48, North of Range 17, described as follows: Beginning at the North quarter corner of said Section 20, Township 48, Range 17, and running West on the section line a distance of 466.00 feet; thence on a line bearing South 38°30' East a distance of 688.8 feet to the West right of way line of the Burlington-Northern Railroad; thence Northeasterly along said right of way to the East line of the Northeast Quarter of the Northwest Quarter; thence North on the East line of the forty a distance of 474.0 feet to the point of beginning.
McCorison and Baumgartner
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $172,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $214,569.56
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: August 21, 2012 at 10:00 AM
PLACE OF SALE: Sheriff's Office, Law Enforcement Center, 2nd Floor, Carlton, MN 55718-0530
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 six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on February 21, 2013, unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
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: June 18, 2012
JPMorgan Chase Bank, National Association
Mortgagee/Assignee of Mortgagee
USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.