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: December 16, 2008.
MORTGAGOR(S): Joseph M. Lapean and Rosemary Lapean, husband and wife
MORTGAGEE: US Federal Credit Union
SERVICER: US Federal Credit Union
MORTGAGE ID#: 72190-149
DATE AND PLACE OF RECORDING: Recorded on January 26, 2009, Office of the Registrar of Titles, County of Washington, State of Minnesota as Document No. 1189059. Certificate of Title #32529.
SITUATED IN THE COUNTY OF WASHINGTON AND STATE OF MINNESOTA:
LOT 14, BLOCK 2, RED ROCK VILLAS, ACCORDING TO THE RECORDED PLAT THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE REGISTRAR OF TITLES, WASHINGTON COUNTY, MINNESOTA
TAX PARCEL NO. 26-028-22-44-0036
ADDRESS OF PROPERTY: 1933 - 3rd Ave., Newport, MN 55055
COUNTY IN WHICH PROPERTY IS LOCATED: Washington
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $132,250.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF THE DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $123,569.52
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: Tuesday, September 10, 2013 at 10:00 a.m.
PLACE OF SALE: Washington County Sheriff`s Office, Law Enforcement Center, 15015 62nd Street North, Stillwater, MN.
to pay the debt then secured by said mortgage and taxes, if any, on said premises, and the costs and disbursements, including attorney fee\'s 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 Minnesota Statute 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 10, 2014 or the next business day if March 10, 2014 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 MINESOTA STATUTES SECTION 582.032, DETERMINING, AMONG OTHER THINGS, THAT THE MORTAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: July 10, 2013
US Federal Credit Union
David W. Olson, Esq.
Attorney for US Federal Credit Union, Mortgagee
P.O. Box 240417
Apple Valley, MN 55124
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.