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Mortgage Electronic Registration Systems, Inc., vs Watson

Monday, August 11, 2014 - 9:17am

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: September 22, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $200,000.00
MORTGAGOR(S): Jessie J. Watson Jr., a single man
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware Corporation as nominee for Ownit Mortgage Solutions, Inc., a California Corporation
DATE AND PLACE OF FILING: Recorded on October 18, 2005 as Document Number 2371974 in the Office of the County Recorder of Dakota County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: US Bank National Association, as Trustee for Credit Suisse First Boston Mortgage Securities Corp., Home Equity Asset Trust 2005-7, Home Equity Pass-Through Certificates, Series 2005-7 by assignment recorded on January 23, 2012 as Document Number 2844164 in the Office of the County Recorder of Dakota County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
Lot 21, Block 4, Cedar Grove No. 2, Dakota County, Minnesota
STREET ADDRESS OF PROPERTY:
2063 CORAL LANE, EAGAN, MN 55122
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $246,016.61
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: August 13, 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 February 13, 2015.
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: June 20, 2014
US BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., HOME EQUITY ASSET TRUST 2005-7, HOME EQUITY PASS-THROUGH CERTIFICATES, SERIES 2005-7
Mortgagee
SCHILLER & ADAM, P.A.
Rebecca F. Schiller, Esq.
*Sarah J.B. Adam, Esq.*
N. Kibongni Fondungallah, Esq.
Curt N. Trisko, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(14-0899-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
2063 CORAL LANE
EAGAN, MN 55122
(2) Transaction Agent
Mortgage Electronic Registration Systems, Inc.
(3) Name of Mortgage Originator (Lender)
Ownit Mortgage Solutions, Inc., a California Corporation
(4) Residential Servicer
Wells Fargo Bank, N.A.
(5) Tax Parcel Identification Number
10.16701.04.210
(6) Transaction Agent’s Mortgage ID Number (MERS number)
100224620001037145
6/26-7/31


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