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: October 16, 2008
MORTGAGOR: Shannon S. Olson and Maria F. Olson, husband and wife
MORTGAGEE: Affinity Plus Federal Credit Union, a credit union organized under the laws of the United States of America
DATE AND PLACE OF RECORDING: Recorded October 27, 2008, in the office of the County Recorder, as Document No. A000420518, Carlton County, Minnesota.
MORTGAGED PROPERTY ADDRESS: XXXX Kettle Lake Road, Corona Township, MN 55726
TAX PARCEL I.D. NOS. 88-027-2920; 88-027-2940; 88-027-2960 and 88-027-2970
LEGAL DESCRIPTION OF PROPERTY: The North Half of the Southwest Quarter of the Southwest Quarter (N 1/2 of W 1/4 of SW 1/4) or Lot Four (4); and the Southeast Quarter of the Southwest Quarter (SE 1/4 of SW 1/4); and the Northwest Quarter of the Southeast Quarter (NW 1/4 of SE 1/4); and the Southwest Quarter of the Southeast Quarter (SW 1/4 of SE 1/4), all in Section Eighteen (18), Township Forty-eight (48), North, Range Nineteen (19), West of the Fourth Principal Meridian, according to the United States Government Survey thereof and situate in Carlton County, Minnesota.
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $120,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $117,100.15
INTEREST RATE AND PER DIEM: Current interest rate is 5.50%, with a daily per diem of $16.09.
That prior to commencement of this mortgage foreclosure proceeding Mortgagee complied with all notice requirements 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 a.m.
PLACE OF SALE: Carlton County Sheriff's Office, 317 Walnut Avenue, Carlton, Minnesota 55718, to pay the debt then secured by said Mortgage, taxes, if any, on said premises, and the costs and disbursements, including attorneys' fees allowed by law subject to redemption within twelve (12) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.
DATE AND TIME MORTGAGOR MUST VACATE THE PREMISES: August 21, 2013, at 11:59 p.m.
"THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR'S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE (5) 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 29, 2012
MESSERLI & KRAMER P.A.
By: /s/ Creig Andreasen
Creig Andreasen (Lic. #334832)
1400 Fifth Street Towers
100 South Fifth Street
Minneapolis, MN 55402-1217
Attorney in Fact for
Affinity Plus Federal Credit Union
This communication is from a debt collector and is an attempt to collect a debt. Any information obtained will be used for that purpose.