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:
September 25, 2003
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $122,000.00
MORTGAGOR(S): David M. Lopez and Marsha L. Olson, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc.
Mortgage Electronic Registration Systems, Inc.
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON THE MORTGAGE: Nationwide Advantage Mortgage Company
SERVICER: Nationwide Advantage Mortgage Company
DATE AND PLACE OF FILING: Filed October 8, 2003, Isanti County Recorder, as Document Number 324297
ASSIGNMENTS OF MORTGAGE: Assigned to: Nationwide Advantage Mortgage Company
LEGAL DESCRIPTION OF PROPERTY:
That part of Lot 16 in Auditors Subdivision No. 8 in the Village of Cambridge, described as follows to-wit: Starting at the West Quarter corner of Section 28, Township 36, Range 23, thence South along the West line of Section 28, a distance of 1128.6 feet; thence on a line that bears South 88 degrees 38 minutes East for a distance of 487.7 feet; thence on a line that bears South 1 degree 22 minutes West for a distance of 33 feet to the point of beginning of the parcel of land described herein (said point of beginning being 33 feet South of the North line of Lot 16, Auditors Subdivision No. 8); thence continuing South 1 degree 22 minutes West to the South line of Lot 16, Auditors Subdivision No. 8: thence Easterly along the South line of Lot 16, Auditors Subdivision No. 8, for a distance of 75 feet; thence on a line that bears North 1 degree 22 minutes East to a point 33 feet South of the North line of Lot 16, Auditors Subdivision No. 8, thence on a line that bears 88 degrees 38 minutes West for a distance of 75 feet to the point of beginning and there to terminate, for the purpose of description, the West line of Section 28 is assumed to be a true North and South line
PROPERTY ADDRESS: 227 229 5th Ave Ne, Cambridge, MN 55008
PROPERTY IDENTIFICATION NUMBER: 15.041.0500
COUNTY IN WHICH PROPERTY IS LOCATED: Isanti
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE:
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:
September 4, 2014, 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 March 4, 2015, or the next business day if March 4, 2015 falls on a Saturday, Sunday or legal holiday.
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: July 7, 2014
Nationwide Advantage Mortgage Company
Assignee of Mortgagee
SHAPIRO & ZIELKE, LLP
Lawrence P. Zielke – 152559
Diane F. Mach – 273788
Melissa L. B. Porter – 0337778
Randolph W. Dawdy – 2160X
Stephanie O. Nelson – 0388918
Gary J. Evers – 0134764
Attorneys for Mortgagee
12550 West Frontage Road,
Burnsville, MN 55337
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR
Published in the
Isanti County News
July 16, 23, 30,
August 6, 13, 20, 2014
NOTICE OF MORTGAGE FORECLOSURE SALE