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: January 9, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $112,000.00
MORTGAGOR(S): Gregory D Rustad and Debra Rustad, as husband and wife
MORTGAGEE: MinnCo Credit Union
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON THE MORTGAGE: MinnCo Credit Union
SERVICER: PHH Mortgage Corporation
DATE AND PLACE OF FILING: Filed January 13, 2006, Isanti County Recorder, as Document Number 360848, thereafter modified by Loan Modification Agreement dated July 9, 2012 recorded October 26, 2012 as document number A429549.
ASSIGNMENTS OF MORTGAGE: Assigned to: PHH Mortgage Corporation
LEGAL DESCRIPTION OF PROPERTY: That part of the Northeast Quarter of the Southwest Quarter (NE 1/4 of SW 1/4) of Section Three (3), Township Thirty-six (36), Range Twenty-three (23), described as follows:
Commencing at a point one rod South and 400 feet East of the Northwest corner of the NE 1/4 of SW 1/4 of Section 3, Township 36, Range 23; thence South at a right angle with the Quarter line a distance of 150 feet; thence East at a right angle a distance of 50 feet; thence North at a right angle a distance of 150 feet; thence West at a right angle a distance of 50 feet to place of beginning.
That part of the Northeast Quarter of the Southwest Quarter (NE 1/4 of SW 1/4) of Section Three (3), Township Thirty-six (36), Range Twenty-three (23), described by metes and bounds as follows:
Commencing at a point 450 feet East of the Northwest corner of said NE 1/4 of SW 1/4, thence South at a right angle 166 1/2 feet, thence East at right angles a distance of 50 feet, thence North at right angles a distance of 166 1/2 feet to North line of said NE 1/4 of SW 1/4, thence West along said line a distance of 50 feet to point of commencement, excepting that portion used for street purposes
PROPERTY ADDRESS: 2864 369Th Ave Ne, Grandy, MN 55029
PROPERTY IDENTIFICATION NUMBER: 03-003-5500
COUNTY IN WHICH PROPERTY IS LOCATED: Isanti
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $120,456.52
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: November 7, 2013, 10:00 am
PLACE OF SALE: Sheriffs Main Office, 509 18th Avenue SW, Cambridge, MN 55008
to pay the debt 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 6 months from the date of said sale by the mortgagor(s) the personal representatives or assigns.
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 May 7, 2014.
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 5 UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: September 18, 2013
PHH Mortgage Corporation
Assignee of Mortgagee
SHAPIRO & ZIELKE, LLP
Lawrence P. Zielke – 152559
Diane F. Mach – 273788
Melissa L. B. Porter – 0337778
Randolph W. Dawdy – 2160X
Ronald W. Spencer – 0104061
Stephanie O. Nelson – 0388918
Gary J. Evers – 0134764
Attorneys for Mortgagee
12550 West Frontage Road, Ste. 200
Burnsville, MN 55337
THIS IS A COMMUNICATION
FROM A DEBT COLLECTOR
Published in the
Isanti County News
October 2, 9, 16, 23, 30, 2013
NOTICE OF MORTGAGE FORECLOSURE SALE