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:
May 7, 2013
MORTGAGOR: Thomas L. Hollingsworth and Laura K. Hollingsworth, husband and wife as joint tenants.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc. as nominee for Proficio Mortgage Ventures.
DATE AND PLACE OF RECORDING: Recorded May 22, 2013 Chisago County Recorder, Document No. A558072.
ASSIGNMENTS OF MORTGAGE: Assigned to: The Money Source, Inc.. Dated April 9, 2014 Recorded May 14, 2014, as Document No. A568497. TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100470260011085833
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Proficio Mortgage Ventures
RESIDENTIAL MORTGAGE SERVICER: LoanCare, LLC
MORTGAGED PROPERTY ADDRESS: 48384 Forest Boulevard, Rush City, MN 55069
TAX PARCEL I.D. #: 07.00448.00
LEGAL DESCRIPTION OF PROPERTY:
EXHIBIT A
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF CHISAGO, STATE OF Minnesota, AND IS DESCRIBED AS FOLLOWS:
THAT PART OF THE SOUTHEAST QUARTER (SE 1/4) OF SECTION THIRTY-THREE (33), TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE TWENTY-ONE (21) WEST, CHISAGO COUNTY, MINNESOTA, DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 33, THENCE SOUTH 89 DEGREES WEST, ASSUMED BEARING, ALONG THE SOUTH LINE OF SAID SECTION 33, A DISTANCE OF 993.07 FEET, THENCE NORTH 0 DEGREES 34 MINUTES 20 SECONDS EAST, 1500 FEET, THENCE NORTH 11 DEGREES 58 MINUTES 36 SECONDS WEST, 213.37 FEET TO THE POINT OF BEGINNING, THENCE NORTH 80 DEGREES 59 MINUTES 29 SECONDS EAST, 432.19 FEET, THENCE SOUTH 20 DEGREES 27 MINUTES 19 SECONDS EAST, 117.42 FEET, THENCE NORTH 77 DEGREES 10 MINUTES 11 SECONDS EAST, 520 FEET, MORE OR LESS, TO THE EAST LINE OF SAID SECTION 33, THENCE NORTHERLY ALONG SAID EAST LINE 865 FEET, MORE OR LESS, TO THE EAST-WEST QUARTER LINE OF SAID SECTION 33, THENCE WESTERLY ALONG SAID LINE 1200 FEET, MORE OR LESS, TO THE INTERSECTION WITH A LINE WHICH BEARS NORTH 11 DEGREES 58 MINUTES 36 SECONDS WEST FROM THE POINT OF BEGINNING, THENCE SOUTH 11 DEGREES 58 MINUTES 36 SECONDS EAST, ALONG SAID LINE, 1015 FEET, MORE OR LESS, TO THE POINT OF BEGINNING, CHISAGO COUNTY, MINNESOTA.
Parcel ID: 07-00448-00
Commonly known as 48384 Rush Boulevard, Rush City, MN 55069 However, by showing this address no additional coverage is provided
COUNTY IN WHICH PROPERTY IS LOCATED: Chisago
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $287,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $292,850.05
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: July 25, 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 twelve (12) 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 27, 2015, 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: May 22, 2014
The Money Source, 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
100 – 14-003097 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the
ECM Post Review
June 4, 11, 18, 25, July 2, 9, 2014
231098

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