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: April 20, 1998
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $85,400.00
MORTGAGOR(S): William K. Monahan and Kelly J. Monahan, husband and wife
MORTGAGEE: North American Mortgage Company, a Delaware Corporation
DATE AND PLACE OF FILING: Recorded on April 22, 1998 as Document Number 323537 in the Office of the County Recorder of Carlton County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A. by assignment recorded on March 10, 2011 as Document Number A000436387 in the Office of the County Recorder of Carlton County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
West 1/2 of Northwest 1/4 of Northeast 1/4 of Southwest 1/4, Section 23, Township 49, North of Range 16, West of the Fourth Principal Meridian.
An easement for ingress and egress over the following described property: That part of the Southeast 1/4 of the Northwest 1/4 of Section 23, Township 49, North of Range 16 West of the Fourth Principal Meridian described as follows: Beginning at the Southwest corner of said Southeast 1/4 of Northwest 1/4, thence going Easterly along the South line of said Southeast 1/4 of the Northwest 1/4 on an assumed bearing of South 87 degrees 35 minutes 50 seconds East a distance of 330.42 feet; thence bearing North 1 degree 28 minutes 13 seconds East a distance of 177.02 feet to the Center line of the Holm Road-as the same is located as of this date; thence bearing South 79 degrees 46 minutes 00 seconds West along said center line a distance 337.39 feet, to the West line of said Southeast 1/4 of the Northwest 1/4; thence bearing South 1 degree 28 minutes 15 seconds West, going along said West line a distance 103.19 feet, to the point of beginning and there terminating.
STREET ADDRESS OF PROPERTY: 140 HOLM ROAD, ESKO, MN 55733
COUNTY IN WHICH PROPERTY IS LOCATED: Carlton County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $90,478.83
TRANSACTION AGENT: None
NAME OF MORTGAGE ORIGINATOR (LENDER): North American Mortgage Company, a Delaware Corporation
RESIDENTIAL SERVICER: Wells Fargo Bank, N.A.
TAX PARCEL IDENTIFICATION NUMBER: 78.020.5384
TRANSACTION AGENT'S MORTGAGE ID NUMBER (MERS NUMBER): None
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: February 24, 2015 at 10:00 am
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 August 24, 2015.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: William K. Monahan and Kelly J. Monahan
"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: January 2, 2015
WELLS FARGO BANK, N.A.
SCHILLER & ADAM, P.A.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
*Curt N. Trisko, Esq.*
Samuel R. Coleman, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.