NOTICE OF MORTGAGE FORECLOSURE SALE

NOTICE OF MORTGAGE FORECLOSURE SALE

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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.

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            NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of the following described mortgage:

 

Mortgagor:                  Beverly H. Paulsen and Robert H. Paulsen, Wife and Husband

Mortgagee:                  Mortgage Electronic Registration Systems, Inc. as nominee for GMAC Mortgage Corporation dba ditech.com

Dated:                         03/09/2001

Recorded:                    04/12/2001

Fillmore County Recorder Document No. 315218

 

Assigned To:               Wells Fargo Bank, National Association, as Indenture Trustee for GMACM HOME EQUITY LOAN TRUST 2004-HE5

Dated:                         08/08/2017

Recorded:                    08/14/2017

Fillmore County Recorder Document No. 413885

 

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage Identification Number: 100037506524735199

Lender or Broker: GMAC Mortgage Corporation dba ditech.com

Residential Mortgage Servicer: Ocwen Loan Servicing, LLC

Mortgage Originator:  GMAC Mortgage Corporation dba ditech.com

 

LEGAL DESCRIPTION OF PROPERTY:  All that parcel of land in City of Rushford, Fillmore County, State of Minnesota, as found in Deed Doc #292572, ID# 06-0153-000, being known and designated as South Fifty feet of Lots 67 and 68 in Block 6, City of Rushford (Original Town), also that part of the vacated alley in Block 6 described as follows: Comm. at the SE. corner of Lot 67; thence South parallel with Elm St. 10 feet; thence West parallel with the South side of Lots 67 and 68 to the point of beginning. Also, the East 18 feet of the South 50 feet of Lot 69, Block 6, Original Town, now City of Rushford, Minnesota.

 

 

By fee simple deed from Michael Nanof and Dawn M. Twenten Nanof, husband and wife as set forth in doc# 292572 dated 2/11/1997 and recorded 2/13/1997, Fillmore County Records, State of Minnesota.

 

This is Abstract Property.

 

TAX PARCEL NO.:  06.0153.000

 

ADDRESS OF PROPERTY:

117 Elm St N

Rushford, MN 55971

 

COUNTY IN WHICH PROPERTY IS LOCATED:  Fillmore

 

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:  $59,500.00

 

 

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $48,957.65

 

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 5, 2018, 10:00 AM

 

PLACE OF SALE:  Main Lobby, Fillmore County Courthouse, 101 Fillmore Street, Preston, 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 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  January 5, 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: May 18, 2018

 

Wells Fargo Bank, National Association, as Indenture Trustee for GMACM HOME EQUITY LOAN TRUST 2004-HE5, Assignee of Mortgagee

 

By: PFB LAW, PROFESSIONAL ASSOCIATION

Attorneys for:

Wells Fargo Bank, National Association, as Indenture Trustee for GMACM HOME EQUITY LOAN TRUST 2004-HE5, Assignee of Mortgagee

55 East Fifth Street, Suite 800

St. Paul, MN 55101-1718

651-209-7599

651-228-1753 (fax)

 

THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT.  ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

17725-17-00362-1

 

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