NOTICE OF MORTGAGE
THE RIGHT OF 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:
MORTGAGOR: Amanda M. McLain a single woman
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Cornerstone Mortgage Company
McLeod Recorder Document No. 398197
Assigned To: U.S. Bank National Association
McLeod County Recorder Document No. 424105
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage ID No: 1001770-5060003249-4
Lender or Broker: Cornerstone Mortgage Company
Servicer: U.s. Bank National Association
Mortgage Originator: Cornerstone Mortgage Company
LEGAL DESCRIPTION OF PROPERTY:
Lot Two (2), Block Sixty (60) in the Townsite of Hutchinson, South Half, McLeod County, Minnesota
This is Abstract Property
TAX PARCEL NO: 23.050.4910
ADDRESS OF PROPERTY: 516 ADAMS ST SE., HUTCHINSON, MN 55350
COUNTY IN WHICH PROPERTY IS LOCATED: McLeod
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $56,200.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $53,708.95
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: April 13, 2017, 10:00 AM
PLACE OF SALE: McLeod County Courthouse, 830 11th Street East, Room 4, Glencoe, MN 55336
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.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is October 13, 2017 at 11:59 p.m. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
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: February 15, 2017 U.S. Bank National Association
Assignee of Mortgagee
PFB LAW, PROFESSIONAL ASSOCIATION
By: Michael V. Schleisman, Michael T. Oberle
U.S. Bank National Association
Assignee of Mortgagee
55 E. Fifth St., Suite 800
St. Paul, MN 55101-1718
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(Published in The McLeod County Chronicle February 22, March 1, 8, 15, 22 and 29, 2017)