Foreclosure - Gilk
NOTICE OF MORTGAGE
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: February 22, 2008
ORIGINAL PRINICIPAL AMOUNT OF MORTGAGE: $208,000.00
MORTGAGOR(S): William H. Gilk, a single person
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Mortgageit, Inc., a New York Corporation.
DATE AND PLACE OF FILING: Recorded on March 11, 2008 and memorialized upon Certificate of Title No. 11443.0 as Document Number T47682 in the Office of the County Registrar of Titles of McLeod County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, NA by assignment recorded on January 14, 2013 as Document Number T55348 in the Office of the County Registrar of Titles of McLeod County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
Lot Three (3), Block One (1), Winsted on the Lake Third Addition, according to the plat thereof on file and of record in the Office of the Registrar of Title, McLeod County, Minnesota
STREET ADDRESS OF PROPERTY: 420 Lake Drive, Winsted, MN 55395
COUNTY IN WHICH PROPERTY IS LOCATED: McLeod County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $168,014.72
THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and /or applicable statutes.
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 15, 2014, 10:00 a.m.
PLACE OF SALE: McLeod County Sheriff’s Office, 801 East 10th Street, Glencoe, MN
to pay the debt then secured by said mortgage and taxes, if any actually paid by the mortgagee, on the premises and the costs and disbursements allowed by law. The time allowed by law for redemption by said mortgagor(s), their personal representatives or assigns is six (6) months from the date of sale.
Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on October 15, 2014.
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 5 UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.”
Dated: February 13, 2014
WELLS FARGO BANK, N.A.
SCHILLER & ADAM, P.A.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
*James J. Pauly, Esq.*
Curt N. Trisko, Esq.
Jeffrey D. Klobucar, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
NOTICE OF MORTGAGE FORECLOSURE SALE
Minn. Stat. § 580.025
(1) Street Address, City and Zip
Code of Mortgaged Premises
420 Lake Drive
Winsted, MN 55395
(2) Transaction Agent
Registration Systems, Inc.,
a Delaware corporation
(3) Name of Mortgage Originator
a New York Corporation
(4) Residential Servicer Wells Fargo Bank, N.A.
(5) Tax Parcel Identification Number
(6) Transaction Agent’s Mortgage
ID Number (MERS number)
(Published in The McLeod County Chronicle/Glencoe Enterprise February 19, 26, March 5, 12, 19, and 26, 2014)