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: April 27, 2007
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $270,000.00
MORTGAGOR(S): Mark C. Kerssen and Carolyn J. Kerssen, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware Corporation as nominee for M&I Bank FSB, a United States of America Federal Savings Bank
DATE AND PLACE OF FILING: Filed May 11, 2007, Dakota County Recorder; Document No. 2516254
ASSIGNMENTS OF MORTGAGE: Assigned to: HSBC Mortgage Services Inc.
LEGAL DESCRIPTION OF PROPERTY:
Lot 10, Block 2, Dodd Ridge Third Addition
STREET ADDRESS OF PROPERTY:
17371 Finch Path, Farmington, MN 55024
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $283,732.15
THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;
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 17, 2009 at 10:00 a.m
PLACE OF SALE: Dakota County Sheriff's office, Law Enforcement Center, 1580 Highway 55, Hastings, Minnesota
to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is Six (6) months from the date of sale.
Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on March 17, 2010.
"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: July 21, 2009
HSBC MORTGAGE SERVICES INC.
REITER & SCHILLER, P.A.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Leah K. Weaver, Esq.
Brian F. Kidwell, Esq.
Attorneys for Mortgagee
25 North Dale Street
St. Paul, MN 55102-2227
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.