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 conditions of the following described mortgage:
DATE OF MORTGAGE: October 7, 2008
MORTGAGOR: Paul O. Klatt and Carolyn S. Klatt, husband and wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc.
DATE AND PLACE OF RECORDING: Recorded November 4, 2008 Isanti County Recorder, Document No. 394271, a portion of the premises originally encumbered by the mortgage has been released pursuant to document Dated May 14, 2013, Recorded May 28, 2013, as Document No. 435222.
ASSIGNMENTS OF MORTGAGE: Assigned to: JPMorgan Chase Bank, National Association. Dated May 17, 2012 Recorded June 11, 2012, as Document No. A425893. TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:
100188508100281876
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Draper and Kramer Mortgage Corporation d/b/a 1st Advantage Mortgage
RESIDENTIAL MORTGAGE SERVICER: JPMorgan Chase Bank, National Association
MORTGAGED PROPERTY ADDRESS: 9064 269th Avenue Northwest, Zimmerman, MN 55398
TAX PARCEL I.D. #: 120071102
LEGAL DESCRIPTION OF PROPERTY:
The Northwest Quarter of the Northeast Quarter, Section 7, Township 34, Range 25, excepting therefrom the following described parcel: Beginning at the Northwest corner of said Northwest Quarter of the Northeast Quarter; thence East along the North line thereof a distance of 750 feet; thence South parallel with the West line of said Northwest Quarter of the Northeast Quarter a distance of 570 feet; thence West and parallel with the North line of said Northwest Quarter of the Northeast Quarter a distance of 750 feet to the West line thereof; thence North along said West line a distance of 570 feet to the point of beginning.
COUNTY IN WHICH PROPERTY IS LOCATED: Isanti
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $232,875.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:
$279,656.96
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: December 19, 2013 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 twelve (12) 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: October 18, 2013
JPMorgan Chase Bank,
National Association
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
(952) 925-6888
30 – 12-001137 FC
THIS IS A COMMUNICATION
FROM A DEBT COLLECTOR.
Published in the
Isanti County News
October 30, November 6, 13, 20, 27 December 4, 2013
46567

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