Mortgage Foreclosure

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:
May 21, 2010
MORTGAGOR: Ricky L Frahm and Connie L Frahm, Husband and Wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Kleinbank, DBA Kleinmortgage its successors and assigns.
DATE AND PLACE OF RECORDING: Recorded May 27, 2010 Sherburne County Recorder, Document No. 713465.
ASSIGNMENTS OF MORTGAGE: Assigned to: U.S. Bank National Association. Dated March 26, 2013 Recorded April 4, 2013, as Document No. 768719.
TRANSACTION AGENT:
Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:
100177700009041245
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE:
Kleinbank, DBA Kleinmortgage
RESIDENTIAL MORTGAGE SERVICER: U.S. Bank Home Mortgage, a division of U.S. Bank National Association
MORTGAGED PROPERTY ADDRESS: 16889 166th Street Southeast, Big Lake, MN 55309
TAX PARCEL I.D. #: 050223411
LEGAL DESCRIPTION OF PROPERTY:
That part of the Southeast Quarter of the Southwest Quarter (SE 1/4 of SW 1/4) of Section Twenty-Two (22). Township Thirty-three (33), Range Twenty-eight (28), in Sherburne County, Minnesota, described as follows:
Beginning at a point on the South line of said Southeast Quarter of Southwest Quarter that is 545 feet West of the Southeast corner thereof, thence North parallel with the East line of said Southeast Quarter of Southwest Quarter a distance of 525 feet; thence West parallel with the South line of said Southeast Quarter of Southwest Quarter and 525 feet therefrom a distance of 415 feet; thence South parallel with the East line of said Southeast Quarter of Southwest Quarter a distance of 525 feet to the South line thereof; thence East along said South line 415 feet to the point of beginning, Sherburne County, Minnesota.
COUNTY IN WHICH PROPERTY IS LOCATED: Sherburne
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $245,217.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:
$260,371.51
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 6, 2014 at 10:00 AM
PLACE OF SALE: Sherburne County Courthouse, 13880 Highway 10, Elk River, MN 55330
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 6, 2015, unless that date falls on a weekend or legal holiday, in which case it is the next weekday, and 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 MORTGAGORS 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: May 30, 2014
U.S. 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
(952) 925-6888
19 – 13-005963 FC1
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the
Star News
June 14, 21, 28,
July 5, 12, 19, 2014
236024

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