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 19, 2007
MORTGAGORS: Steven J. Kreger and Alissia E. Kreger, husband and wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc.
DATE AND PLACE OF RECORDING: Recorded June 20, 2007, Kanabec County Recorder, Document No. 224552.
ASSIGNMENTS OF MORTGAGE: Assigned to: CitiMortgage, Inc., Dated: May 19, 2008.
LEGAL DESCRIPTION OF PROPERTY:
Commencing at the Southwest corner of the Southwest Quarter of the Northwest Quarter (SW 1/4 of NW 1/4) of Section 24 (24), Township Forty (40), Range Twenty-four (24), Kanabec County, Minnesota, thence North along the West line of said SW 1/4 of NW 1/4 a distance of 450 feet to the point of beginning of the property to be described; thence continue North along the West line of said SW 1/4 of NW 1/4 a distance of 580 feet; thence East parallel to the South line of said SW 1/4 of NW 1/4 a distance of 300 feet; thence South parallel to the West line of said SW 1/4 of NW 1/4 a distance of 580 feet; thence West parallel to the South line of said SW 1/4 of NW 1/4 a distance of 300 feet, more or less, to the point of beginning, and there to terminate.
COUNTY IN WHICH PROPERTY IS LOCATED: Kanabec
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $121,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $124,971.54
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 24, 2008 at 10:00 AM
PLACE OF SALE: Sheriff’s Office, 31 North Elm., Mora, 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.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE:None
“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: May 21, 2008. 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
10-743
2004484282
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the Kanabec County Times
June 12, 19, 26, July 3, 10, 17, 2008
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