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 conditions of the following described mortgage:

DATE OF MORTGAGE:

February 5, 2007

MORTGAGOR: Thomas M. Rice and Penny L. Rice, husband and wife.

MORTGAGEE: Mortgage Electronic Registration Systems, Inc.

DATE AND PLACE OF RECORDING: Recorded February 14, 2007 Carver County Recorder, Document No. A458978.

ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, National Association, as Trustee for Structured Adjustable Rate Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2007-3. Dated February 8, 2017 Recorded February 15, 2017, as Document No. A641422.

TRANSACTION AGENT:

Mortgage Electronic Registration Systems, Inc.

TRANSACTION AGENTS MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:

100025440003633697

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Lehman Brothers Bank, FSB, A Federal Savings Bank

RESIDENTIAL MORTGAGE SERVICER:

Nationstar Mortgage LLC

MORTGAGED PROPERTY ADDRESS: 6855 County Road 10, Chaska, MN 55318

TAX PARCEL I.D. #: 07.0340200

LEGAL DESCRIPTION OF PROPERTY:

Part of the Northwest Quarter of Section 34, Township 116, Range 24, Carver County, Minnesota, described as follows: Commencing at the northeast corner of said Northwest Quarter of Section 34; thence on an assumed bearing of South 00 degrees 46 minutes 03 seconds West along die East line of said Northwest Quarter 112.35 feet; thence North 70 degrees 38 minutes 24 seconds West 69.63 feet to the point of beginning of the tract to be described; thence South 00 degrees 46 minutes 03 seconds West 1012.74 feet; thence South 88 degrees 20 minutes 10 seconds West 350.00 feet; thence North 00 degrees 46 minutes 03 seconds East 1100.09 feet to the North line of said Northwest Quarter; thence North 88 degrees 20 minutes 10 seconds East along said North line 119.23 feet; thence South 70 degrees 38 minutes 24 seconds East 243.26 feet to the point of beginning.

COUNTY IN WHICH PROPERTY IS LOCATED: Carver

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $864,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:

$919,829.73

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:

April 28, 2017 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 October 30, 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 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: February 23, 2017

Wells Fargo Bank, National Association, 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

(952) 925-6888

21 – 17-001614 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

Published in the

Waconia Patriot

March 9, 16, 23, 30, April 6, 13, 2017

661241

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