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: July 26, 2006
MORTGAGOR: John Schalow and Rebecca Schalow, husband and wife.
MORTGAGEE: Washington Mutual Bank.
DATE AND PLACE OF RECORDING: Recorded September 12, 2006 Carver County Recorder, Document No. A449517.
ASSIGNMENTS OF MORTGAGE: Assigned to: Deutsche Bank National Trust Company, as Trustee for Long Beach Mortgage Loan Trust 2006-9.
TRANSACTION AGENT: NONE
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Washington Mutual Bank
RESIDENTIAL MORTGAGE SERVICER: JPMorgan Chase Bank, National Association
MORTGAGED PROPERTY ADDRESS: 10895 County Road 43, Chaska, MN 55318
TAX PARCEL I.D. #: 07.0350700
LEGAL DESCRIPTION OF PROPERTY:
Tract 1 — Part of the southwest quarter of the southwest quarter of Section 35, Township 116, Range 24, Carver County, Minnesota, described as follows: Commencing at the southwest corner of said Section 35; thence on an assumed bearing of north 00 degrees 51 minutes 03 seconds east along the west line of said southwest quarter 615.56 feet to the point of beginning of the tract to be described; thence continuing north 00 degrees 51 minutes 03 seconds east along said west line 378.25 feet; thence north 50 degrees 44 minutes 31 seconds east 114.71 feet; thence south 34 degrees 15 minutes 29 seconds east 290.40 feet; thence south 50 degrees 44 minutes 31 seconds west 333.70 feet to the point of beginning. This tract contains 1.49 acres of land.
Tract 2 — Part of the southeast quarter of the southeast quarter of Section 34, Township 116, Range 24, Carver County, Minnesota, described as follows: Commencing at the southeast corner of said section 34; thence on an assumed bearing of north 00 degrees 51 minutes 03 seconds east along the east line of said southeast quarter 839.34 feet to the point of beginning of the tract to be described; thence north 89 degrees 08 minutes 57 seconds west 121.66 feet to the southeasterly line of the plat of Poppitz Addition, said plat being of record and on file at the Carver County Recorder’s Office; thence northeasterly along said southeasterly line of the plat of Poppitz Addition, and its northeasterly extension, along a nontangential curve that in concave to the southeast, said curve having a central angle of 13 degrees 37 minutes 03 seconds, a radius length of 818.51 feet, an arc length of 194.53 feet, a chord bearing of north 39 degrees 40 minutes 46 seconds east and a chord length of 194.11 feet to the intersection with the east line of said southeast quarter of the southeast quarter; thence south 00 degrees 51 minutes 03 seconds west along said east line 151.21 feet to the point of beginning. This tract contains 0.23 acres of land and is subject to any and all easements of record.
COUNTY IN WHICH PROPERTY IS LOCATED: Carver
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $220,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $200,000.00
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 14, 2012 at 10:00 AM
PLACE OF SALE: 606 East 4th Street, Chaska, MN 55318
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 14, 2013, 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 3, 2012
Deutsche Bank National Trust
Company as trustee
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
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(Published in The Waconia Patriot July 26, Aug. 2, 9, 16, 23 and 30, 2012)