NOTICE OF MORTGAGE FORECLOSURE SALE
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 the conditions of the following described Mortgage:
Date of Mortgage:
February 23, 2010.
Mortgagors: Dain G. Korth and Jamie E. Johnson, each a single person.
Mortgagee: Midwest Minnesota Community Development Corporation, a non-profit Minnesota Corporation.
Date and Place of Recording: March 12, 2010 as Document No. 406889 in the office of the County Recorder in Isanti County, MN.
Assignments of Mortgage:
Transaction Agent: None.
Transaction Agents Mortgage Identification Number on Mortgage: N/A
Lender or Broker and Mortgage Originator stated on Mortgage:
Midwest Minnesota Community Development Corporation, a non-profit Minnesota Corporation.
Residential Mortgage Servicer: Midwest Minnesota Community Development Corporation, a non-profit Minnesota Corporation.
Mortgaged Property Address:
1860 Joes Lake Road Southeast, Cambridge, MN 55008.
Tax Parcel I.D. #: 15.269.0050.
Legal Description of Property:
Lot Five (5), Block One (1), North Ridge 5th Addition, Isanti County, Minnesota, according to the certified plat thereof on file and of record in the office of the County Recorder in and for Itasca County, MN.
County in which Property is located: Isanti
Original Principal Amount of Mortgage of $63,750.00.
Amount due and claimed to be due as of the date of notice, including taxes, if any, paid by Mortgagee: $61,985.87.
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:
May 14, 2014 at 10:00 a.m.
Place of Sale: Isanti County Sheriffs Office, Highway 9, 18th Avenue Southwest, 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 six (6) months from the date of said sale by the mortgagor(s), their 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 November 14, 2014.
MORTGAGORS) 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 27, 2014
Midwest Minnesota Community Development Corporation (Mortgagee)
BY: Brant R. Beeson, Attorney
BEESON LAW OFFICE, PA
611 Summit Avenue, Suite 212
P.O. Box 70
Detroit Lakes, MN 56502-0070
Attorney ID #6130
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Published in the
Isanti County News
April 2, 9, 16, 23, 30, May 7, 2014
NOTICE OF MORTGAGE FORECLOSURE SALE