NOTICE IS HEREBY GIVEN: That Default has occurred in the conditions of the following described mortgage:
DATE OF MORTGAGE: 08/29/2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $126,750.00
MORTGAGOR(S): Bashar Diab, An unmarried Man
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Ownit Mortgage Solutions, Inc., a California Corporation
DATE AND PLACE OF FILING: 10/12/2006 as Document 3610620 in the Office of the County Recorder, Washington County, Minnesota
ASSIGNMENT OF MORTGAGE: Assigned to U.S. Bank National Association, as Trustee for Ownit Mortgage Loan Trust, Mortgage Loan Asset-Backed Certificates, Series 2006-7
DATE AND PLACE OF FILING: 4/15/2013 as Document Number 3940840 in the Office of the County Recorder, Washington County, Minnesota
TAX PARCEL I.D. NO.: 12-027-22-41-0087
LEGAL DESCRIPTION OF PROPERTY: Lot 22, Block 186, Division No. 5 of St. Paul Park, Washington County, Minnesota
STREET ADDRESS OF PROPERTY: 1002 Ashland Ave, Saint Paul Park, MN 55071
COUNTY IN WHICH PROPERTY IS LOCATED: Washington
LENDER OR BROKER AND MORTGAGE ORIGINATOR: Ownit Mortgage Solutions, Inc., a California Corporation
RESIDENTIAL MORTGAGE SERVICER: Ocwen Loan Servicing, LLC.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
RANSACTION AGENT\'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100224640000808692
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE AS OF THE DATE OF THIS NOTICE: $142,734.58
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 Ramsey, Minnesota at public auction as follows:
DATE AND TIME OF SALE: 01/28/2014 at 10:00 A.M.
PLACE OF SALE: Washington Sheriff\'s Office, 15015 62nd Street North, Stillwater, MN 55082 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 07/28/2014, or the next business day if 07/28/2014 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 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.
US Bank National Association, as Trustee for Ownit Mortgage Loan Trust, Mortgage Loan Asset-Backed Certificates, Series 2006-7, Mortgagee/Mortgage Assignee
Klatt, Odekirk, Augustine, Sayer, Treinen & Rastede, P.C., By Brian G. Sayer, Attorney for Mortgagee/Mortgage Assignee
925 East 4th Street, 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.