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:
DATE OF MORTGAGE: 09/28/2007
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $131,750.00
MORTGAGORS: Molly J. Johnson and William D. Johnson, wife and husband
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Bayrock Mortgage Corporation
DATE AND PLACE OF FILING: 10/08/2007 as Document Number A000531674 in the Office of the County Recorder, Cass County, Minnesota
ASSIGNMENT OF MORTGAGE: Assigned to Branch Banking and Trust Company
DATE AND PLACE OF FILING: 09/23/2014 as Document Number A000606023 in the Office of the County Recorder, Cass County, Minnesota
TAX PARCEL I.D. NO.: 34-031-4401
LEGAL DESCRIPTION OF PROPERTY: That part of Government Lot 4, Section 31, Township 139, North, Range 30 West, Cass County, Minnesota described as follows:
Commencing at the Southeast corner of said Government Lot 4; thence North 00 degrees 36 minutes 31 seconds West, assumed bearing along the East line of said Government Lot 4, a distance of 848.27 feet; thence South 88 degrees 52 minutes 02 seconds West 375.02 feet; thence South 00 degrees 36 minutes 31 seconds East 390.67 feet; thence northeasterly 78.43 feet along a non tangential curve concave to the Northwest, having a radius of 450.00 feet, a central angle or 09 degrees 59 minutes 08 seconds and the chord bears North 72 degrees 37 minutes 49 seconds East for a chord distance of 78.33 feet to the point of beginning of the tract to be herein described; thence Southwesterly 165.70 feet along last said curve concave to the Northwest, having a radius of 450.00 feet and a central angle 21 degrees 05 minutes 50 seconds; thence South 88 degrees 44 minutes 05 seconds West, tangent to said curve, 265.14 feet to the centerline of Highway No 87; thence Southerly along said centerline to the South line of said Government Lot 4; thence North 88 degrees 57 minutes 24 seconds East along said South line 172 feet, more or less, to the Westerly shorelineof the Pine River; thence Northeasterly along said shoreline to the intersection with a line bearing South 00 degrees 36 minutes 31 seconds East from the point of beginning; thence north 00 degrees 36 minutes 31 seconds West 300 feet, more or less, to the point of beginning.
Subject to right of way of Highway No 87. Subject to and together with an easement for roadway purposes 33.00 feet in width over and across the West Half of the Southwest Quarter, Section 32, Government Lot 4, Section 31, all in Township 139 North, Range 30 West, Cass County, Minnesota the centerline of which is described as follows: Commencing at the Southeast corner of said West Half ; thence North 00 degrees 34 minutes 44 seconds West assumed bearing along the East line of said West Half a distance of 450.03 feet; thence South 88 degrees 44 minutes 05 seconds West 300.02 feet to the point of beginning of the centerline to be herein described; thence North 69 degrees 54 minutes 43 seconds West 963.61 feet; thence Southwesterly 206.59 feet along a tangential curve concave to the South, having a radius of 133.22 feet and a central angle of 88 degrees 51 minutes 05 seconds to the point of reverse curve; thence Southwesterly 530.13 feet along said reverse curve concave to the Northwest, having a radius of 450.00 feet and a central angle of 67 degrees 29 minutes 53 seconds; thence South 88 degrees 44 minutes 05 seconds West Tangent to said reverse curve, 265.14 feet, more or less, to the centerline of Highway No 87 and said Centerline there terminating.
ABSTRACT PROPERTY STREET ADDRESS OF PROPERTY: 5085 State Highway 87, Backus, MN 56435
COUNTY IN WHICH PROPERTY IS LOCATED: Cass
LENDER OR BROKER AND MORTGAGE ORIGINATOR: Bayrock Mortgage Corporation
RESIDENTIAL MORTGAGE SERVICER: Bayrock Mortgage Corporation
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 1003780-0000324818-6
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE AS OF THE DATE OF THIS NOTICE: $138,302.89
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 Mortgage will be foreclosed, and the mortgaged premises will be sold by the Sheriff of Cass, Minnesota at public auction as follows:
DATE AND TIME OF SALE: 12/10/2014 at 10:00 a.m.
PLACE OF SALE: Cass Sheriff’s Office, 303 Minnesota Ave., Walker, MN 56484 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) or Mortgagor’s personal representatives or assigns is six (6) months from the date of sale.
TIME AND DATE TO VACATE PROPERTY:
If the mortgage is not reinstated under Minn. Stat. §580.30 or redeemed under Minn. Stat. §580.23, the mortgagor must vacate the mortgaged property by 11:59 p.m. on 06/10/2015, or the next business day if 06/10/2015 falls on a Saturday, Sunday or legal holiday.
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 MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Branch Banking and Trust Company, Mortgagee/Mortgage Assignee Klatt, Odekirk, Augustine, Sayer, Treinen & Rastede, P.C., By Brian G. Sayer, Attorney for Mortgagee/Mortgage Assignee 925 E 4th St., Waterloo, IA 50703
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Published in Northland Press: Tuesday, October 14, 2014, October 21, 2014, October 28, 2014, November 4, 2014, November 11, 2014 and November 18, 2014