Foreclosure
NOTICE OF MORTGAGE
FORECLOSURE SALE
THE RIGHT OF 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:
MORTGAGOR: Duane Odenbrett and Diane Odenbrett, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Finance America, LLC
Dated: 06/28/2005
Recorded: 07/07/2005
McLeod Recorder Document No. A-353857
Assigned To: US Bank National Association, trustee for Lehman SAIL 2005-10
Dated: 08/30/2007
Recorded: 09/07/2007
McLeod County Recorder Document No. A-372674
Assigned To: US Bank National Association, as trustee for Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2005-10
Dated: 08/02/2012
Recorded : 09/17/2017
McLeod County Recorder Document No. 404933
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage ID No: 100052300418686704
Lender or Broker: Finance America, LLC
Residential Mortgage Servicer: Ocwen Loan Servicing, LLC
Mortgage Originator: Finance America, LLC
LEGAL DESCRIPTION OF PROPERTY:
Lots 4 and 5 in Block 1 of Samonn’s Second Addition to Townsite of Lester Prairie, McLeod County, Minnesota
Abstract Property
This is Abstract Property
TAX PARCEL NO: 17.056.0020
ADDRESS OF PROPERTY: 205 Maple St. S, Lester Prairie, MN 55334
COUNTY IN WHICH PROPERTY IS LOCATED: McLeod
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $208,800.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $229,340.85
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: August 24, 2017, 10:00 AM
PLACE OF SALE: McLeod County Courthouse, 830 11th Street East, Room 4, Glencoe, MN 55336
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.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is February 24, 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 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: July 7, 2017
U.S. BANK NATIONAL ASSOCIATION, as Trustee for Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2005-10, Assignee of Mortgagee
PFB LAW, PROFESSIONAL ASSOCIATION
By: Michael V. Schleisman, Michael T. Oberle, John M. Miller
Attorneys for:
U.S. BANK NATIONAL ASSOCIATION, as Trustee for Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2005-10, Assignee of Mortgagee
55 E. Fifth St., 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.
17725-17-00321-1
(Published in The McLeod County Chronicle July 12, 19, 26, August 2, 9 and 16, 2017)
Links:
[1] http://www.glencoenews.com/category/section/news/public-notices