Mortgage Foreclosure

NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE:
November 04, 2010
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $131,725.00
MORTGAGOR(S):
James P Sarau, a single man
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for U.S. Bank N.A., its successors and assigns
DATE AND PLACE OF RECORDING:
Recorded: November 18, 2010
Chisago County Recorder
Document Number: A-527667
ASSIGNMENTS OF MORTGAGE:
And assigned to: U.S. Bank National Association
Dated: August 30, 2013
Recorded: September 16, 2013
Chisago County Recorder
Document Number: A-562274
Transaction Agent:
Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number:
100021200002275716
Lender or Broker:
U.S. Bank N.A.
Residential Mortgage Servicer:
U.S. Bank Home Mortgage, a division of U.S. Bank National Association
Mortgage Originator:
Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Chisago
Property Address:
37691 Forest Blvd,
North Branch, MN 55056-5661
Tax Parcel ID Number:
11.00577.00
LEGAL DESCRIPTION OF PROPERTY: All that part of the SW 1/4 of NW 1/4 of Section 28, Township 35, Range 21, described as follows: to-wit: Beginning at a point on the West line of said SW 1/4 of NW 1/4, a distance of 220 feet South of the Northwest corner of said forty acre tract, thence East parallel with the North line thereof to the East line of U.S. Highway No. 61; continuing thence East on same course a distance of 208 feet to the point of beginning of the parcel herby conveyed; thence South at right angles to last course a distance of 266 feet; thence East at right angles to last course a distance of 140 feet, thence North parallel with first course and 140 feet distant therefrom 266 feet; thence West 140 feet to the point of beginning, Chisago County, Minnesota.
Also an easement 16 feet wide, the North line thereof described as follows: Commencing at a point on the West line of said SW 1/4 of NW 1/4 of Section 28, Township 35, Range 21, a distance of 220 feet South of the NW corner of said 40 acre tract, thence East parallel with the North line thereof to the East line of U.S. Highway No. 61, the point of beginning of the easement hereby conveyed; continuing thence East 208 feet and there terminating
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $129,434.90
THAT all pre-foreclosure requirements have been complied with; 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:
May 22, 2014 at 10:00 AM
PLACE OF SALE: Sheriffs Main Office, Law Enforcement Center, 313 North Main Street, Center City, Minnesota
to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney 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.
If the Mortgage is not reinstated under Minn. Stat. 580.30 or the property is not redeemed under Minn. Stat. 580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on November 24, 2014, or the next business day if November 24, 2014 falls on a Saturday, Sunday or legal holiday.
Mortgagor(s) released from financial obligation: NONE
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
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.
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: March 1, 2014
ASSIGNEE OF MORTGAGEE:
U.S. Bank National Association
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
8425 Seasons Parkway, Suite 105
Woodbury, MN 55125-4393
(651) 209-3300
File Number: 030230F01
Published in the
ECM Post Review
April 9, 16, 23, 30, May 7, 14, 2014
196290

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