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 conditions of the following described mortgage:
DATE OF MORTGAGE:
June 26, 2006
MORTGAGOR: Jacob Nemic aka Jacob J. Nemic, a single person and Linda Nemic aka Linda K. Nemic, a single person.
MORTGAGEE: National City Mortgage a division of National City Bank of Indiana.
DATE AND PLACE OF RECORDING: Recorded July 26, 2006 Isanti County Recorder, Document No. 368418.
ASSIGNMENTS OF MORTGAGE: Assigned to: National City Mortgage Co., a subsidiary of National City Bank of Indiana. Dated July 19, 2006 Recorded December 1, 2006, as Document No. 373013. And thereafter assigned to: Mortgage Electronic Registration Systems, Inc.. Dated July 24, 2006 Recorded December 1, 2006, as Document No. 373014. And thereafter assigned to: Deutsche Bank Trust Company Americas, as Trustee for Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QS12. Dated November 19, 2013 Recorded November 25, 2013, as Document No. A439752.
TRANSACTION AGENT: NONE
TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: National City Mortgage a division of National City Bank of Indiana
RESIDENTIAL MORTGAGE SERVICER: PNC Bank, National Association
MORTGAGED PROPERTY ADDRESS: 2240 325th Avenue NE aka 977 16th Avenue SE, Cambridge, MN 55008
TAX PARCEL I.D. #: 050040700
LEGAL DESCRIPTION OF PROPERTY:
That part of the Northwest Quarter of the Northeast Quarter, Section 4, Township 35, Range 23, Isanti County, Minnesota, described as follows: Commencing at a point on the North section line of said section 246 feet East of the Northwest corner of said Northwest Quarter of the Northeast Quarter; thence South and parallel to the North and South Quarter line a distance of 363 feet; thence East and parallel to the North section line a distance of 132 feet; thence North and parallel to the North and South Quarter line a distance of 363 feet to the North section line; thence West on the North section line a distance of 132 feet to the point of beginning and there terminating, according to the United States Government Survey thereof and situate in Isanti County, Minnesota.
COUNTY IN WHICH PROPERTY IS LOCATED: Isanti
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $156,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:
$ 146,061.38
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; That no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;
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, 2014 at 10:00 AM
PLACE OF SALE: Sheriffs Office, Law Enforcement Center, 509 18th Avenue Southwest, Cambridge, Minnesota
to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. 580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on October 10, 2014 unless that date falls on a weekend or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS 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 6, 2014
Deutsche Bank Trust Company Americas as Trustee
Mortgagee/Assignee of Mortgagee
USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
4 – 13-008543 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the
Isanti County News
February 12, 19, 26, March 5, 12, 19, 2014
174709
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Mortgage Foreclosure
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