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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:
DATE OF MORTGAGE: 02/18/2015
ORIGINAL PRINICIPAL AMOUNT OF MORTGAGE: $228,779.00
MORTGAGOR(S): Bryan R. Peavy and Annie J. Peavy, husband and wife.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Cornerstone Home Lending, Inc.
DATE AND PLACE OF FILING: 02/23/2015 as Document No. 58504 in the Office of the County Registrar of Titles, McLeod County, Minnesota.
The mortgage was assigned for value as follows:
Assignee: Pingora Loan Servicing, LLC
Assignment dated: 01/02/2018
Assignment recorded: 01/03/2018
Assignment recording information: Document #T62387
Assignee: Freedom Mortgage Corporation
Assignment dated: 06./04/2018
Assignment recorded: 06/14/2018
Assignment recording information: Document #T62911
All in the records of the County Registrar of Titles in and for McLeod County, Minnesota
TAX PARCEL I.D. NO.: 23.387.0030
LEGAL DESCRIPTION OF PROPERTY:
LOT ONE (1), BLOCK TWO (2), IN STILLINGS HOEFT ADDITION, MCLEOD COUNTY, MINNESOTA
Torrens Certificate No. 15231
STREET ADDRESS OF PROPERTY: 601 Graham Street, SW, Hutchinson, MN 55350
COUNTY IN WHICH PROPERTY IS LOCATED: McLeod
LENDER OR BROKER AND MORTGAGE ORIGINATOR: Cornerstone Home Lending, Inc.
RESIDENTIAL MORTGAGE SERVICER: Freedom Mortgage Corporation
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE IS: $224,842.81 AS OF 09/07/2018.
THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part hereof; that there has been compliance with all pre-foreclosure notice and acceleration requirement of said mortgage, and/or applicable statutes. Pursuant to the power of sale contained in said Mortgage, the Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff \of McLeod County, Minnesota a public auction as follows:
DATE AND TIME OF SALE: 10/25/2018, 10:00 a.m.
PLACE OF SALE: McLeod County Sheriff’s Main Office, 801 10th Street E, 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) the personal representatives or assigns.
TIME AND DATE TO VACATE PROPERTY: If the mortgage is not reinstated under Minn. Stat. §580.30 or redeemed under Minn. Stat. §580.23, the mortgagor must vacate the mortgaged property by 11:59 p.m. on 04/25/2019, or the next business day if 04/25/2019 falls on a Saturday, Sunday, or legal holiday.
“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 5 UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Freedom Mortgage Corporation,
Mortgagee/Mortgage Assignee
The Sayer Law Group, P.C.
By: Brian G. Sayer, Attorney for Mortgagee/Mortgage Assignee
925 E. 4th St.
Waterloo, IA 50703
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
(Published in The McLeod County Chronicle September, 5, 12, 19, 26 and October 3 and 10, 2018)