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Foreclosure

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 the conditions of the following described mortgage:
Mortgagor: Frank Cadena, and Ofelia Cadena, husband and wife as joint tenants.
Mortgagee: Mortgage Electronic Registration Systems, Inc. as nominee for First Bank
Dated: 03/30/2006
Recorded: 04/19/2006
McLeod County Recorder Document No. A-361166
Assigned To: Deutsche Bank National Trust Company, as Trustee for Morgan Stanley IXIS Real Estate Capital Trust 2006-1 Mortgage Pass Through Certificates, Series 2006-1
Dated: 03/27/2017
Recorded: 02/01/2018
McLeod County Recorder Document No. A434209
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100312000004187887
Lender or Broker: First Bank
Residential Mortgage Servicer: Ocwen Loan Servicing, LLC
Mortgage Originator: First Bank
LEGAL DESCRIPTION OF PROPERTY:
Lot Eight (8), the East 33 feet of Lot Seven (7), and a 3-foot strip of land off the south side of Lot Five (5), all in Block Sixty-two (62), in the Town of Franklin, McLeod County, Minnesota
This is Abstract Property.
Tax Parcel No: 22.060.3980
ADDRESS OF PROPERTY:
805 Greeley Ave
Glencoe, MN 55336
COUNTY IN WHICH PROPERTY IS LOCATED: McLeod
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $140,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF THE DATE OF NOTICE: $140,133.29
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgage 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 4, 2018, 10:00 a.m.
PLACE OF SALE: McLeod County Courthouse 830 11th Street East, Room 4, Glencoe, MN 55336
to pay the debt 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 6 months from the date of said sale by the mortgagor(s) their personal representatives or assigns.
DATE TO VACATE PROPERTY: 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 redeemed under section 580.23, is October 4, 2018, at 11:59 p.m. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORā€™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 5 UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: February 16, 2018
Deutsche Bank National Trust Company, as Trustee for Morgan Stanley Ixis Real Estate Capital Trust 2006-1 Mortgage Pass Through Certificates, Series 2006-1,
Assignee of Mortgagee
PFB LAW, PROFESSIONAL ASSOCIATION
By: Michael V. Schleisman, John M. Miller
Attorneys for
Deutsche Bank National Trust Company, as Trustee for Morgan Stanley Ixis Real Estate Capital Trust 2006-1 Mortgage Pass Through Certificates, Series 2006-1, Assignee ofMortgagee
55 East Fifth Street, Suite 800
St. Paul, MN 55101-1718
651-209-7599
651-228-1753 (fax)
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT.
ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
17725-17-00146-2
(Published in The McLeod County Chronicle February 21, 28, March 7, 14, 21 and 28, 2018)