Beneficial Loan and Thrift Co vs Trang Tong

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: July 7, 2004

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $309,223.37

MORTGAGOR(S): Luyen T. Le and Trang Tong, husband and wife

MORTGAGEE: Beneficial Loan and Thrift Co., a Minnesota corporation

DATE AND PLACE OF FILING: Recorded on November 24, 2004 in the Office of the Dakota County Recorder as Document Number 2270771.

ASSIGNMENTS OF MORTGAGE: Assigned to: None.

LEGAL DESCRIPTION OF PROPERTY:

EXHIBIT A

THAT PART OF THE SOUTH 22.00 ACRES OF THE NORTHEAST QUARTER OF THE

SOUTHEAST QUARTER OF SECTION 29, TOWNSHIP 28 NORTH, RANGE 22 WEST,

DAKOTA COUNTY, MINNESOTA, LYING SOUTHWESTERLY OF THE CENTER LINE OF COUNTY STATE AID HIGHWAY NO. 73; LYING SOUTHEASTERLY OF THE HERINAFTER DESCRIBED LINE A; AND LYING NORTHWESTERLY OF THE HERINAFTER DESCRIBED

LINE B.

LINE A COMMENCING AT THE NORTHWEST CORNER OF THE NORTHEAST QUARTER OF THE

SOUTHEAST QUARTER OF SECTION 29; THENCE SOUTH 0 DEGREES 13 MINUTES 57 SECONDS EAST, ASSUMED BEARING, ALONG THE WEST LINE OF SAID NORTHEAST QUARTER OF THE SOUTHEAST QUARTER A DISTANCE OF 999.52 FEET TO THE POINT OF BEGINNING OF THE LINE TO BE DESCRIBED; THENCE NORTH 68 DEGREES 33 MINUTES 42 SECONDS EAST, 167.19 FEET; THENCE NORTH 59 DEGREES 20 MINUTES 27 SECONDS EAST, 264.31 FEET TO THE CENTER LINE OF COUNTY STATE AID HIGHWAY NO. 73 AND THERE TERMINATING.

LINE B

COMMENCING AT THE SOUTHWEST CORNER OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID SECTION 29; THENCE NORTHERLY, ALONG THE WEST LINE OF SAID NORTHEAST QUARTER OF THE SOUTHEAST QUARTER, A DISTANCE OF 203.67 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT A; THENCE NORTHEASTERLY TO A POINT ON THE ,SOUTHWEST RIGHT-OF -WAY LINE OF COUNTY STATE AID HIGHWAY (C.S.A.H.) NO. 73, WHICH POINT IS 253.89·FEET NORTHWESTERLY, MEASURED ALONG SAID RIGHT-OF - WAY LINE, OF THE INTERSETION OF SAID RIGHT-OF-WAY LINE AND THE NORTH LINE OF THE SOUTH 160.00 FEET OF

SAID NORTHEAST QUARTER OF THE SOUTHEAST QUARTER; THENCE CONTINUE NORTHEASTERLY ON THE LAST DESCRIBED LINE, 33.76 FEET TO THE CENTER LINE OF SAID C.S.A.H. NO. 73; THENCE SOUTHWESTERLY, ALONG THE LAST DESCRIBED LINE, DIRECTED TOWARD SAID POINT A, A DISTANCE OF 281.10 FEET TO THE POINT OF BEGINNING OF THE LINE TO BE DESCRIBED; THENCE SOUTHWESTERLY 214.07 FEET, MORE OR LESS, TO SAID POINT A; THENCE NORTHEASTERLY TO THE AFOREDESCRIBED POINT OF BEGINNING; THENCE NORTHEASTERLY, DEFLECTING TO THE LEFT, 9 DEGREES 13 MINUTES 15 SECONDS, A DISTANCE OF 275 . 23 FEET TO THE CENTER LINE OF SAID C.S.A.H. NO. 73 AND THERE TERMINATING (FOR PURPOSES OF THIS DESCRIPTION THE SOUTHWEST RIGHT- OF-WAY LINE OF C.S.A.H.

NO. 73 IS THAT LINE 33.00 FEET SOUTHWEST OF AND PARALLEL WITH THE CENTER LINE OF SAID C.S .A.H. NO. 73 AS EXISTING AND TRAVELED PRIOR TO AUGUST 1, 1999.)

TAX MAP OR PARCEL ID NO.: 20- 02910- 014-77

STREET ADDRESS OF PROPERTY:

4717 Babcock Trail, Inver Grove Heights, MN 55077

COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $308,693.06

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: April 10, 2013 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 October 10, 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: February 11, 2013

BENEFICIAL LOAN AND THRIFT CO., A MINNESOTA CORPORATION

Mortgagee

SCHILLER & ADAM, P.A.

Rebecca F. Schiller, Esq.

Sarah J.B. Adam, Esq.

N. Kibongni Fondungallah, Esq.

James J. Pauly, Esq.

Steven R. Pennock, 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

(13-0224-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

4717 Babcock Trail

Inver Grove Heights, MN 55077

(2) Transaction Agent

Beneficial Loan and Thrift Co., a Minnesota corporation

(3) Name of Mortgage Originator (Lender)

Beneficial Loan and Thrift Co., a Minnesota corporation

(4) Residential Servicer

HSBC Consumer Lending

(5) Tax Parcel Identification Number

20-02910-77-014

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

none

2/14-3/21

Tags: public notices, foreclosures