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FORECLOSURE: US Bank v. Kangbao Xiong

Tuesday, September 4, 2018 - 11:20pm

NOTICE OF
MORTGAGE
FORECLOSURE SALE
NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: June 24, 2011
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $114,837.00
MORTGAGOR(S): Kangbao Xiong, a married person
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Lake Area Mortgage, a division of Lake Area Bank, a corporation, its successors and/or assigns
DATE AND PLACE OF RECORDING:
Recorded: June 29, 2011 Washington County Recorder
Document Number: 3845969
LOAN MODIFICATION:
Dated: May 22, 2017
Recorded: June 20, 2017
Document Number: 4116445
ASSIGNMENTS OF MORTGAGE:
And assigned to: U.S. BANK
NATIONAL ASSOCIATION
Dated: December 12, 2013
Recorded: December 26, 2013
Washington County Recorder
Document Number: 3975669
Transaction Agent: Mortgage
Electronic Registration Systems, Inc.
Transaction Agent Mortgage Identification Number: 100715800000057650
Lender or Broker: Lake Area Mortgage, a division of Lake Area Bank
Residential Mortgage Servicer: U.S. Bank National Association
Mortgage Originator: Not Applicable
COUNTY IN WHICH PROPERTY IS LOCATED: Washington
Property Address: 8104 83rd St S, Cottage Grove, MN 55016-3219
Tax Parcel ID Number: 16.027.21.23.0017
LEGAL DESCRIPTION OF PROPERTY: Lot 15, Block 2, Thompson Grove Estates First Addition, Washington County, Minnesota
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $150,253.58
THAT all pre-foreclosure requirements have been complied with; 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 13, 2018 at 10:00 AM
PLACE OF SALE: Sheriff's Main
Office, Law Enforcement Center, 15015 62nd Street North, Stillwater, Minnesota
to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney 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.
If the Mortgage is not reinstated under Minn. Stat. §580.30 or the property is not redeemed under Minn. Stat. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on March 13, 2019, or the next business day if March 13, 2019 falls on a
Saturday, Sunday or legal holiday.
Mortgagor(s) released from financial obligation: NONE
THIS COMMUNICATION IS FROM A DEBT COLLECTOR
ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION
OBTAINED WILL BE USED FOR THAT PURPOSE.
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.
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: August 01, 2018
ASSIGNEE OF MORTGAGEE: U.S. BANK NATIONAL ASSOCIATION
Wilford, Geske & Cook P.A.
Attorneys for Assignee of Mortgagee
7616 Currell Blvd Ste 200
Woodbury, MN 55125-2296
(651) 209-3300
File Number: 031313F02
08/01/18 - 09/05/18


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