Mortgage Electronic Registration Systems, Inc vs Stellrecht

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 5, 2006

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $269,600.00

MORTGAGOR(S): Paul C. Stellrecht, a single person

MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Mortgageit, Inc., a New York corporation

DATE AND PLACE OF FILING: Filed May 18, 2006, Dakota County Recorder; Document No. 2430928

ASSIGNMENTS OF MORTGAGE: Assigned to: HSBC Bank USA, National Association, as Trustee for the holders of the certificates issued by Deutsche Alt-A Securities Mortgage Loan Trust, Series 2006-AR3

LEGAL DESCRIPTION OF PROPERTY:

The following described tract, piece or parcel of land situate, lying and being in the County of Dakota and State of Minnesota, to-wit: That part of the East Half (E 1/2) of the Northeast Quarter (NE 1/4) of Section Twenty-eight (28), Township One Hundred Fourteen (114), Range Seventeen (17), Dakota County, Minnesota, described as follows: Commencing at a point 495 feet South of the Northeast corner of the foregoing described tract, thence West and parallel to the North line thereof, a distance of 1320 feet, more or less, to the West line thereof, thence South on said West line a distance of 165 feet, thence East and parallel to the North line thereof, a distance of 1320 feet, more or less, to the East line thereof, thence North 165 feet to the place of beginning, according to the Government Survey thereof

STREET ADDRESS OF PROPERTY:

20111 Lillehei Avenue, Hastings, MN 55033

COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $326,622.69

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 12, 2012 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 12, 2013.

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: July 13, 2012

HSBC BANK USA, NATIONAL ASSOCIATION, AS TRUSTEE FOR THE HOLDERS OF THE CERTIFICATES ISSUED BY DEUTSCHE ALT-A SECURITIES MORTGAGE LOAN TRUST, SERIES 2006-AR3

Mortgagee

REITER & SCHILLER, P.A.

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Brian F. Kidwell, Esq.

Steven R. Pennock, Esq.

Curt N. Trisko, Esq.

Attorneys for Mortgagee

25 North Dale Street

St. Paul, MN 55102-2227

(651) 209-9760

(Z0808)

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

20111 Lillehei Avenue, Hastings, MN 55033

(2) Transaction Agent

Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Mortgageit, Inc., a New York corporation

(3) Name of Mortgage Originator (Lender)

Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Mortgageit, Inc., a New York corporation

(4) Residential Servicer

Wells Fargo 800-416-1472

(5) Tax Parcel Identification Number

25-02800-01-040

(6) Transaction Agent’s Mortgage ID Number (MERS number)

100112065719475937

7/19-8/23

Tags: public notices, foreclosures