Foreclosure/Franklin D. Jacobson (0914)

NOTICE OF MORTGAGE FORECLOSURE SALE

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 conditions of the following described mortgage:
DATE OF MORTGAGE: May 15, 2008
MORTGAGOR: Franklin D. Jacobson, a single person.
MORTGAGEE: Midwest Minnesota Community Development Corporation.
DATE AND PLACE OF RECORDING: Recorded May 16, 2008 Polk County Recorder, Document No. A000645970.
ASSIGNMENTS OF MORTGAGE: Assigned to:  Minnesota Housing Finance Agency.  Dated May 15, 2008 Recorded May 16, 2008, as Document No. A000645971.                
TRANSACTION AGENT:  NONE
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:  NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE:  Midwest Minnesota Community Development Corporation
RESIDENTIAL MORTGAGE SERVICER:  U.S. Bank National Association
MORTGAGED PROPERTY ADDRESS:  213 2nd Street SW, Fosston, MN 56542
TAX PARCEL I.D. #:  87.00018.00
LEGAL DESCRIPTION OF PROPERTY:
Commencing at a point, where the center line of Lincoln Avenue, if extended, would intersect with the Southernly boundary line of the Great Northern Railway right-of-way in the Village of Fosston, Minnesota; thence in a Southwesterly direction, along the center line of Lincoln Avenue, if extended, a distance of 150 feet; thence at right angles in a Northwesterly direction and parallel to the Southerly boundary line of the Great Northern Railway right-of-way, a distance of 75 feet; thence at right angles in a Northeasterly direction parallel to the extended center line of Lincoln Avenue, a distance of 150 feet, to the Southerly boundary line of the Great Northern Railway right-of-way; thence at right angles along the said Southerly boundary line of the Great Northern Railway right-of-way in a Southeasternerly direction a distance of 75 feet to the point of beginning, all in Section Four (4). Township One Hundred Forty-seven (147) North, Range Forty (40) West of the Fifth P.M.
COUNTY IN WHICH PROPERTY IS LOCATED: Polk
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $51,250.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $ 42,854.92
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: September 20, 2016 at 10:00 AM
PLACE OF SALE: Sheriff’s Office, Law Enforcement Center, 600 Bruce Street, Crookston, 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    six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on March 20, 2017 unless that date falls on a weekend  or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
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 21, 2016

Minnesota Housing Finance Agency
Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
135 – 16-003344 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(July 27, August 3, 10, 17, 24 & September 7, 20126)

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