Saturday, October 12, 2024

NOTICE OF MORTGAGE FORECLOSURE

 

 

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: April 25, 2014

MORTGAGOR: Trina Sue Pearce and Travis Lee Pearce, wife and husband, as joint tenants.

MORTGAGEE: Mayo Employees Federal Credit Union.

DATE AND PLACE OF RECORDING: Recorded May 22, 2014 Dodge County Recorder, Document No. A205925.

ASSIGNMENTS OF MORTGAGE: NONE                 

TRANSACTION AGENT:  NONE

TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:  NONE

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE:  Mayo Employees Federal Credit Union

RESIDENTIAL MORTGAGE SERVICER:  Mayo Employees Federal Credit Union

MORTGAGED PROPERTY ADDRESS:  601 1st Avenue Northwest, Kasson, MN 55944

TAX PARCEL I.D. #:  245040580

LEGAL DESCRIPTION OF PROPERTY: Lots 5 and 7, except the North 60 feet of Lot 5, Block 7, Parmenter’s Second Addition, in the City of Kasson, Dodge County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Dodge

ORIGINAL PRINCIPAL A–MOUNT OF MORTGAGE: $139,600.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $140,135.58

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 12, 2016 at 11:00 AM

PLACE OF SALE: Sheriff’s Main Office, Dodge County Courthouse, 22 East 6th Street, Mantorville, MN 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 November 14, 2016, 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 MORTGAGOR’S 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 10, 2016

Mayo Employees Federal Credit Union

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

9 - 16-001892 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

Q:13-18c

 

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Dodge County Independent

Dodge County Independent
Dodge County ADvantage
301 S. Mantorville Ave.
Plaza 57 • Suite 200
Kasson, MN 55944

Dodge County Printing
301 S. Mantorville Ave.
Plaza 57 • Suite 200
Kasson, MN 55944

507-634-7503
 
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