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Mortgage Electronic Registration Systems, Inc vs Rudeen

Tuesday, May 6, 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: May 22, 2003
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $304,150.00
MORTGAGOR(S): Scott E. Rudeen And Wendy M. Rudeen, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware Corporation as nominee for MIT Lending, a New York Corporation
DATE AND PLACE OF FILING: Recorded on October 8, 2003 as Document Number 2121543 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 April 9, 2012 as Document Number 2860536 in the Office of the County Recorder of Dakota County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
Lot 13, Block 2, Charleswood 4th Addition, Dakota County, Minnesota
STREET ADDRESS OF PROPERTY:
19927 EXCELSIOR LN, FARMINGTON, MN 55024-8419
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $258,252.23
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: May 21, 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 November 21, 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: March 27, 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
(14-0388-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
19927 EXCELSIOR LN
FARMINGTON, MN 55024-8419
(2) Transaction Agent
Mortgage Electronic Registration Systems, Inc.
(3) Name of Mortgage Originator (Lender)
MIT Lending, a New York Corporation
(4) Residential Servicer
Wells Fargo Bank, N.A.
(5) Tax Parcel Identification Number
14.16503.02.130
(6) Transaction Agent’s Mortgage ID Number (MERS number)
100112065669572634
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