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 14, 2009
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $192,000.00
MORTGAGOR(S): Marty Nelson and Rachel B. Nelson, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Lake State Federal Credit Union, its successors and/or assigns
DATE AND PLACE OF RECORDING:
Recorded: August 26, 2009 Carlton County Recorder
Document Number: A000426384
ASSIGNMENTS OF MORTGAGE:
And assigned to: Towne Mortgage Company d/b/a AmeriCU Mortgage
Dated: February 21, 2011
Recorded: February 28, 2011 Carlton County Recorder
Document Number: A000436214
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100574510600015442
Lender or Broker: Lake State Federal Credit Union
Residential Mortgage Servicer: Towne Mortgage Company d/b/a AmeriCU Mortgage
Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton
Property Address: 1970 County Road 7, Mahtowa, MN 55707-8633
Tax Parcel ID Number: 33-010-0805
LEGAL DESCRIPTION OF PROPERTY: The South 990 feet of the West 330 feet of Southeast Quarter of the Northwest Quarter of Section 21, Township 48 North, Range 18 West of the Fourth Principal Meridian.
The South 990 feet of the East 110 feet of the West 440 feet of the Southeast Quarter of the Northwest Quarter of Section 21, Township 48 North, Range 18 West of the Fourth Principal Meridian.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $191,691.61
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: December 11, 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 June 11, 2013, or the next business day if June 11, 2013 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: October 25, 2012
ASSIGNEE OF MORTGAGEE: Towne Mortgage Company d/b/a AmeriCU Mortgage
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
File Number: 017692F04