Foreclosure/Mark W Olson And Torie K. Olson (1204)

NOTICE OF MORTGAGE FORECLOSURE SALE
Mark W Olson And Torie K. Olson

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: October 19, 2004
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $87,000.00
MORTGAGOR(S): Mark W Olson And Torie K. Olson, husband and wife
MORTGAGEE: Bank of America, N.A.
DATE AND PLACE OF FILING: Recorded on October 26, 2004 as Document Number 248083 in the Office of the County Recorder of Roseau County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: Federal National Mortgage Association by assignment recorded on October 19, 2012 as Document Number 275742 in the Office of the County Recorder of Roseau County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
The South Six Hundred (600) feet of the West Eight Hundred Ninety (890) feet of the Southwest Quarter of the Southwest Quarter (SW 1/4 SW 1/4) of Section Twenty-six (26) in Township One Hundred Sixty-one (161) North, Range Thirty-nine (39) West of the Fifth Principal Meridian.
STREET ADDRESS OF PROPERTY:
44059 COUNTY ROAD 126, ROSEAU, MN 56751
COUNTY IN WHICH PROPERTY IS LOCATED: Roseau County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $95,292.45
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: December 18, 2013 at 10:00 AM
PLACE OF SALE: Roseau County Sheriff’s office, Law Enforcement Center, 604 5th Avenue SW, Roseau, Minnesota
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 June 18, 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 FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.”

Dated: October 18, 2013

FEDERAL NATIONAL MORTGAGE ASSOCIATION
Mortgagee

SCHILLER & ADAM, P.A.

By: /s/            
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Steven R. Pennock, Esq.
Curt N. Trisko, Esq.
Jeffrey D. Klobucar, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(13-4592-FC01)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
NOTICE OF MORTGAGE FORECLOSURE SALE

FORECLOSURE DATA
Minn. Stat. § 580.025
(1)  Street Address, City and Zip Code of Mortgaged Premises
44059 COUNTY ROAD 126
ROSEAU, MN 56751
(2)  Transaction Agent
Bank of America, N.A.
(3)   Name of Mortgage Originator (Lender)
Bank of America, N.A.
(4) Residential Servicer    Seterus, Inc.
(5)  Tax Parcel Identification Number
18-0069800
(6)  Transaction Agent’s Mortgage ID Number (MERS number)
None
(October 23, 30, November 6, 13, 20, 27, 2013)

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