Mortgage Foreclosure

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 the conditions of the following described mortgage
Mortgagor: Paul A. Peterson and Catherine C. Peterson, husband and wife
Mortgagee: Commonpoint Mortgage
Dated: 08/04/1998
Recorded: 11/05/1998
Morrison County Recorder Document No. 384818
Assigned To: Delta Funding Corporation
Dated: 09/17/1998
Recorded: 01/07/2003
Morrison County Recorder Document No. 424609
Assigned To: Wells Fargo Bank Minnesota, N.A., as Trustee for Delta Funding Home Equity Loan Trust 1998-3
Dated: 10/22/2002
Recorded: 01/07/2003
Morrison County Recorder Document No. 424610
Assigned To: Wilmington Trust National Association, as Successor Trustee to Citibank, N.A., as Trustee for Bear Stearns Asset Backed Securities I Trust 2005-CL1, Asset-Backed Certificates, Series 2005-CL1
Dated: 04/16/2014
Recorded: 04/24/2014
Morrison County Recorder Document No. A528416
Transaction Agent: N/A
Transaction Agent Mortgage ID No: N/A
Lender or Broker: Commonpoint Mortgage
Servicer: Ocwen Loan Servicing, LLC – RR
Mortgage Originator: Commonpoint Mortgage
LEGAL DESCRIPTION OF PROPERTY: Lot 6, Block 1 of Anderson`s Addition, according to the Recorded Plat thereof, Morrison County, Minnesota. Mobile/Manufactured Home Description: 1985 LA NH MODU Serial Number 6556AB. Borrower, Being of True and Lawful Owner of Record of the Mobile Home being Mortgaged with the Property, Declares that it is Borrower`s Intent that the Mobile Home Lose its Nature as Personalty and Become Realty. Borrower Further Declares that the Mobile Home Shall Remain Permanently Attached as a part of the Real Property and Will Not be Removed Therefrom.
This is Abstract Property.
TAX PARCEL NO.: 16-0689-000
ADDRESS OF PROPERTY:
15012 Marie Lane
Little Falls, MN 56345
COUNTY IN WHICH PROPERTY IS LOCATED: Morrison
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: 34,500.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: 26,848.88
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: July 15, 2014, 10:00 AM
PLACE OF SALE: Main Entrance, Sheriff`s Office, City of Little Falls
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 6 Months from the date of said sale by the mortgagor(s), their personal representatives or assigns.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is January 15, 2015 at 11:59 p.m. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS 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: May 14, 2014
Wilmington Trust National
Association, as Successor Trustee
to Citibank, N.A., as Trustee for
Bear Stearns Asset Backed
Securities I Trust 2005-CL1,
Asset-Backed Certificates, Series
2005-CL1, Assignee of Mortgagee
PETERSON, FRAM &
BERGMAN, P.A.
By: Michael T. Oberle, Ben I. Rust,
Jonathan R. Cuskey, Michael V.
Schleisman, Tracy J. Halliday
Attorneys for:
Wilmington Trust National
Association, as Successor Trustee
to Citibank, N.A., as Trustee for
Bear Stearns Asset Backed
Securities I Trust 2005-CL1,
Asset-Backed Certificates, Series
2005-CL1, Assignee of Mortgagee
55 East Fifth Street, Suite 800
St. Paul, MN 55101-1718
651-209-7599
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
17725-14-00442-1

PUBLISH: May 25; June 1, 8, 15, 22, 29, 2014 (223427)

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