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: May 3, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $53,000.00
MORTGAGOR(S): Jeffrey M. Olson and Angela H. Olson, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware Corporation as nominee for First Franklin A Division of Nat. City Bank of IN, National Association
DATE AND PLACE OF FILING: Recorded on May 15, 2006 as Document Number A000630373 in the Office of the County Recorder of Polk County, Minnesota.
ASSIGNMENTS OF MORTGAGE: Assigned to: Deutsche Bank National Trust Company, as Trustee for First Franklin Mortgage Loan Trust 2006-FF11, Mortgage Pass-Through Certificates, Series 2006-FF11 by assignment recorded on September 3, 2013 as Document Number A000684868 in the Office of the County Recorder of Polk County, Minnesota.
LEGAL DESCRIPTION OF PROPERTY:
Lot 4 and 5, Block 1, Lakeside Addition, Polk County, Minnesota
STREET ADDRESS OF PROPERTY: 414 NORTH JOHNSON AVE, FOSSTON, MN 56542
COUNTY IN WHICH PROPERTY IS LOCATED: Polk County, Minnesota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $53,676.62
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc., a Delaware corporation
NAME OF MORTGAGE ORIGINATOR (LENDER): First Franklin A Division of Nat. City Bank of IN, National Association
RESIDENTIAL SERVICER: Wells Fargo Bank, N.A.
TAX PARCEL IDENTIFICATION NUMBER: 87.00280.00
TRANSACTION AGENT’S MORTGAGE ID NUMBER (MERS NUMBER): 100425240007431908
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: March 11, 2015 at 10:00 am
PLACE OF SALE: Polk County Sheriff’s office, 600 Bruce Street, Crookston, 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 September 11, 2015.
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: January 8, 2015
DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF11, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-FF11
SCHILLER & ADAM, P.A.
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
*Curt N. Trisko, Esq.
(January 14, 21, 28, February 4, 11, & 18, 2015)