NOTICE OF MORTGAGE FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the follow- ing described mortgage:
DATE OF MORTGAGE: March 24, 2008
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $124,019.00
MORTGAGOR(S): J. B. Dearmon, a mar- ried man and Malcolm J. Dearmon, a married man
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Minnesota Lending Company LLC, its succes sors and/or assigns
DATE AND PLACE OF RECORDING:
Recorded: March 25, 2008 Itasca County Recorder
Dated: April 01, 2012
Recorded: August 03, 2012
ASSIGNMENTS OF MORTGAGE:
And assigned to: GMAC Mortgage, LLC Dated: October 19, 2012
Recorded: October 25, 2012 Itasca County Recorder
Document Number: A000669751
And assigned to: Ocwen Loan Servicing, LLC
Dated: May 22, 2013
Recorded: May 28, 2013 Itasca County Recorder
Document Number: A000675823
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identifica- tion Number: 1000375-0602025723-5
Lender or Broker: Minnesota Lending Company LLC
Residential Mortgage Servicer: Ocwen Loan Servicing, LLC
COUNTY IN WHICH PROPERTY IS LO-
Property Address: 204 Sebenius Ave,
Coleraine, MN 55722
Tax Parcel ID Number:
LEGAL DESCRIPTION OF PROPERTY:
All that part of the Southwest Quarter of the Southeast Quarter, Section 31, Township 56 North, Range 24 West of the Fourth Prin- cipal Meridian, Itasca County, Minnesota, described as follows: Beginning at the intersection of the South line of Sebenius Avenue and the West line of Dudley Avenue as shown on the plat of Third Addition to Coleraine, including the vacated portion thereof, and thence, indicating the first course, West along the South line of said Sebenius Avenue 225 feet; thence South at a 90 degree angle to the first course 125 feet; thence East along a line parallel to the first course and 125 feet distant therefrom to a point on the West line of said Dudley Avenue and thence North along the said West line of Dudley Avenue to the point of beginning; EXCEPT the portion of the fore- going described property which is East of a line parallel to and 150 feet distant from the West boundary of said foregoing described property; and EXCEPT another portion of the said foregoing described property which is West of a line parallel to and 75 feet dis- tant from the West boundary of said forego- ing described property.
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $135,105.82 THAT all pre-foreclosure requirements have been complied with; 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 con- tained in said mortgage, the above-de- scribed property will be sold by the Sheriff of said county as follows:
DATE AND TIME OF SALE: December
11, 2013 at 10:00 AM
PLACE OF SALE: Sheriff’s Main Office,
Main Office Courthouse, 440 First Avenue NE, Grand Rapids, Minnesota
to pay the debt secured by said mort- gage and taxes, if any, on said premises and the costs and disbursements, includ- ing attorney 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.
If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on June 11, 2014, or the next business day if June 11, 2014 falls on a Saturday, Sunday or legal holiday.
Mortgagor(s) released from financial ob- ligation: NONE
THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COL- LECT A DEBT. ANY INFORMATION OB- TAINED WILL BE USED FOR THAT PUR- POSE.
THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS AC- TION.
THE TIME ALLOWED BY LAW FOR RE- DEMPTION BY THE MORTGAGOR, THE MORTGAGOR’S PERSONAL REPRESEN-
TATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STAT- UTES, SECTION 582.032, DETERMIN- ING, 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: October 24, 2013
ASSIGNEE OF MORTGAGEE: Ocwen Loan Servicing, LLC
Wilford, Geske & Cook P.A.
Attorneys for Assignee
8425 Seasons Parkway,
Woodbury, MN 55125-4393
File Number: 014847F03
Published in the Scenic Range NewsForum October 24, 31, November 7, 14, 21, 28, 2013 41343