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:
September 18, 1998
MORTGAGOR: Arlyn J. Erickson and Tamara A. Erickson, husband and wife.
Mercantile Mortgage Company.
DATE AND PLACE OF RECORDING: Recorded October 8, 1998 Isanti County Recorder, Document No. 257229.
ASSIGNMENTS OF MORTGAGE: Assigned to: Conti Mortgage Corporation. Dated September 28, 1998 Recorded November 5, 1998, as Document No. 258019. And thereafter assigned to: Contiwest Corporation. Dated October 17, 1998 Recorded February 16, 1999, as Document No. 260931. And thereafter assigned to: Manufacturers & Traders Trust Company. Dated November 19, 1998 Recorded February 16, 1999, as Document No. 260932. And thereafter assigned to: Manufacturers and Traders Trust Company, as Trustee, on behalf of the holders of the Home Equity Loan Pass-Through Certificates, Series 1998-4. Dated October 30, 2013 Recorded November 15, 2013, as Document No. A439515.
TRANSACTION AGENT: NONE
TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE:
Mercantile Mortgage Company
RESIDENTIAL MORTGAGE SERVICER:
Select Portfolio Servicing, Inc.
MORTGAGED PROPERTY ADDRESS: 2878 369th Avenue Northwest, Grandy, MN 55029
TAX PARCEL I.D. #:
03-003-6300 and 03-003-6200
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 by metes and bounds as follows to-wit: Commencing at a point 500 feet East and 1 rod South of the Northwest corner of the NE 1/4 of the SW 1/4 of Section 3; thence running East a distance of 110 feet; thence South at right angles a distance of 150 feet, thence West at right angles a distance of 110 feet, thence North a distance of 150 feet to the place of beginning and there to terminate.
COUNTY IN WHICH PROPERTY IS LOCATED: Isanti
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $33,750.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:
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:
June 19, 2014 at 10:00 AM
PLACE OF SALE: Sheriffs Office, Law Enforcement Center, 509 18th Avenue Southwest, Cambridge, Minnesota
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 December 19, 2014, 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: April 10, 2014
Manufacturers and Traders Trust Company, as Trustee
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
38 – 13-007298 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the
Isanti County News
April 23, 30,
May 7, 14, 21, 28, 2014
NOTICE OF MORTGAGE FORECLOSURE SALE