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 or the following described mortgage:
DATE OF MORTGAGE: March 24, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $238,400.00
MORTGAGOR(S): Todd M. Stephens and Michelle L. Stephens, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation
DATE AND PLACE OF FILING: Filed April 12, 2005, Dakota County Recorder; Document No. 2312366.
ASSIGNMENTS OF MORTGAGE: Assigned to: HSBC Mortgage Services Inc.
LEGAL DESCRIPTION OF PROPERTY:
The West 78 feet of Lot 10 and 11, Block 1, Thomas T. Conley's Addition to Rosemount
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $246,807.66
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 1, 2006, 10:00 A.M.
PLACE OF SALE: Dakota County Sheriff's office, Law Enforcement Center, 1580 Hwy 55, Hastings, Minnesota.
to pay the debt 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.
"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 10, 2006
HSBC MORTGAGE SERVICES INC.
REITER & SCHILLER, P.A.
By: Thomas J. Reiter
Thomas J. Reiter, Esq.
Rebecca F. Schiller, Esq.
Attorneys for Mortgagee
Attorney Reg. No. 152262
The Academy Professional Building
25 North Dale Street, Second Floor
St Paul, MN 55102-2227
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.