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 the conditions of the following described mortgage:
DATE OF MORTGAGE:
January 23, 2004
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $178,489.00
MORTGAGOR(S): Jenny Jai And Panky Jai, wife and husband
MORTGAGEE: AMCAP Mortgage and Financial, Inc., a Minnesota Corporation
DATE AND PLACE OF FILING: Recorded on March 16, 2004 as Document Number 331671 in the Office of the County Recorder of Isanti County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Home Mortgage, Inc., a California Corporation n/k/a Wells Fargo Bank, N.A. successor by merger to Wells Fargo Home Mortgage, Inc. by assignment recorded on March 16, 2004 as Document Number 331672 in the Office of the County Recorder of Isanti County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY: Lot 1, Block 2, Brooks Acres, Isanti County, Minnesota
STREET ADDRESS OF PROPERTY:
25175 ORCHID ST NW,
ISANTI, MN 55040-4318
COUNTY IN WHICH PROPERTY IS LOCATED:
Isanti County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE:
$158,298.20
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:
May 8, 2014 at 10:00 am
PLACE OF SALE: Isanti County Sheriffs office, 509 – 18th Avenue S.W., Cambridge, 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 November 10, 2014.
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: March 7, 2014
WELLS FARGO BANK, N.A.
Mortgagee
SCHILLER & ADAM, P.A.
By: /s/
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
*James J. Pauly, Esq.
Curt N. Trisko, Esq.
Jeffrey D. Klobucar, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(14-0097-FC01)
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
NOTICE OF MORTGAGE FORECLOSURE SALE
FORECLOSURE DATA
Minn. Stat. 580.025
(1) Street Address, City and Zip Code of Mortgaged Premises 25175 ORCHID ST NW
ISANTI, MN 55040-4318
(2) Transaction Agent None
(3) Name of Mortgage Originator (Lender)
AMCAP Mortgage and Financial, Inc., a Minnesota Corporation
(4) Residential Servicer Wells Fargo Bank, N.A.
(5) Tax Parcel Identification Number 12.141.0110
(6) Transaction Agents Mortgage ID Number (MERS number) None
Published in the
Isanti County News
March 12, 19, 26,
April 2, 9, 16, 2014
187194

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