Mortgage Foreclosure

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:
January 14, 2009
MORTGAGOR: Jason Johnson and Michelle Johnson, Husband and Wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for The Business Bank, dba Prime Mortgage.
DATE AND PLACE OF RECORDING: Recorded February 12, 2009 Chisago County Recorder, Document No. A-506573.
ASSIGNMENTS OF MORTGAGE: Assigned to: CitiMortgage, Inc.. Dated November 25, 2011 Recorded May 10, 2012, as Document No. A-544347.
TRANSACTION AGENT:
Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:
100103210000452473
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: The Business Bank, dba Prime Mortgage
RESIDENTIAL MORTGAGE SERVICER: CitiMortgage, Inc.
MORTGAGED PROPERTY ADDRESS: 325 2nd Street West, Rush City, MN 55069
TAX PARCEL I.D. #:
17.00222.00 and 17.00220.00
LEGAL DESCRIPTION OF PROPERTY:
The East 1/2 of Lot 11, and all of Lot 12, Block 4, Town of Rush City, Chisago County, Minnesota.
COUNTY IN WHICH PROPERTY IS LOCATED: Chisago
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $121,091.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:
$117,842.30
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:
January 3, 2014 at 10:00 AM
PLACE OF SALE: Sheriffs Office, 313 North Main Street, Room 100, Center City, MN
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 July 3, 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: October 28, 2013
CitiMortgage, Inc.
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
10 – 13-007084 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the
ECM Post Review
November 6, 13, 20, 27, December 4, 11, 2013
51030

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