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Mortgage Electronic Registration Systems, Inc., vs Chaffin

Tuesday, June 3, 2014 - 11:20pm

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: November 10, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $257,750.00
MORTGAGOR(S): Sue Chaffin And Timothy Chaffin, wife and husband
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Bancsource Mortgage, Inc., a Minnesota corporation
DATE AND PLACE OF FILING: Recorded on November 30, 2006 as Document Number 2478622; as modified of record by Document Number 2869664. in the Office of the County Recorder of Dakota County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A. by assignment recorded on December 8, 2011 as Document Number 2835458 in the Office of the County Recorder of Dakota County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
Lot 6, Block 2, Village Hills, Dakota County, Minnesota
STREET ADDRESS OF PROPERTY:
8125 COPELAND WAY, INVER GROVE HEIGHTS, MN 55076-5309
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $291,648.53
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: June 19, 2014 at 10:00 am
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 December 19, 2014.
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: April 25, 2014
WELLS FARGO BANK, N.A.
Mortgagee
SCHILLER & ADAM, P.A.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
*Curt N. Trisko, Esq.*
Jeffrey D. Klobucar, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(13-4534-FC01)
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
NOTICE OF MORTGAGE FORECLOSURE SALE
FORECLOSURE DATA
Minn. Stat. § 580.025
(1) Street Address, City and Zip Code of Mortgaged Premises
8125 COPELAND WAY
INVER GROVE HEIGHTS, MN 55076-5309
(2) Transaction Agent
Mortgage Electronic Registration Systems, Inc.
(3) Name of Mortgage Originator (Lender)
Bancsource Mortgage, Inc., a Minnesota corporation
(4) Residential Servicer
Wells Fargo Bank, N.A.
(5) Tax Parcel Identification Number
20.82100.02.060
(6) Transaction Agent’s Mortgage ID Number (MERS number)
1002976-1002445243-1
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