NOTICE OF MORTGAGE FORECLOSURE SALE
THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY 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: March 31, 2003
MORTGAGOR:Jeffrey D. Sammon and Debra K. Sammon, husband and wife.
MORTGAGEE: The First National Bank in Cannon Falls n/k/a Merchants Bank, N.A.
DATE AND PLACE OF RECORDING: Recorded April 1, 2003, Goodhue County Recorder, Document No. 483255.
ASSIGNMENTS OF MORTGAGE:NONE
LEGAL DESCRIPTION OF PROPERTY:
Lot 1 in Block 1 of L.B. Daniel son Addition, according to the plat; thereof on file
and of record in the office of the County Recorder for Goodhue County, State of
Minnesota, EXCEPT the East: 200.00 feet thereof. Also, the South Half of all that part of Danielson Drive as platted in L.B. Danielson Addition. according to the record plat thereof on file in the office of the Goodlhue County lying west of the following described curves.
Commencing at the northeast corner of Lot: 1 In Block 1 of L.B. Danielson Addition; thence north to the center-line of said Danielson Drive on the northerly extension of the east line of said Lot 1; thence west along said centerline a distance of 200.00 feet to the center of a 50.00 feet radius curve; thence South 48 degrees 42 minutes 00 seconds West 50.00 feet to the south right of way line of Danielson Drive at the point of beginning of said curve to be described; thence northwesterly and northeasterly along: 50.00 feet radius curve, concave to the east with, a center point North 48 degrees 42 minutes 00 seconds East from the point of beginning, a distance
of 72. 08 feet to the north line of Danielson Drive and there terminating..
Abstract Property -- Goodhue County
COUNTY IN WHICH PROPERTY IS LOCATED: Goodhue
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $218,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $220,629.36
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: March 5, 2008 at 10:00 AM
PLACE OF SALE: Sheriff's Office, Public Safety Building, 430 West 6th Street, Red Wing, 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.
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 3, 2007.
Merchants Bank, N.A. Mortgagee/Assignee of Mortgagee
USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee /Assignee of Mortgagee
4500 Park Glen Road #120 Minneapolis, MN 55416
(952) 925-6888 94-165
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.