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 the conditions of the following described mortgage:
DATE OF MORTGAGE: August 18, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $471,000.00
MORTGAGOR(S): Phet Khounviseth and Mok Khounviseth, Husband and Wife
MORTGAGEE: Flexpoint Funding Corporation
LENDER: Flexpoint Funding Corporation
SERVICER: JPMorgan Chase Bank, National Association
DATE AND PLACE OF FILING: Filed September 7, 2005, Dakota County Recorder, as Document Number 2358366, Therafter modified by loan modification agreement dated January 16, 2008 and recorded on March 21, 2008 as document number 2579728.
ASSIGNMENTS OF MORTGAGE: Assigned to: Long Beach Mortgage Company; Dated: August 18, 2005 filed: January 30, 2006, recorded as document number 2401356; Therafter assigned to Washington Mutual Bank as Servicer for Deutsche Bank National Trust Company, as Trustee for Long Beach Mortgage Loan Trust 2006-WL1 dated January 28, 2008 and recorded on March 20.2008 as Document Number 2579478.
LEGAL DESCRIPTION OF PROPERTY:
Lot 5, Block 2, Vermillion Springs
PROPERTY ADDRESS: 16383 Holbrook Avenue, Lakeville, MN 55044
PROPERTY IDENTIFICATION NUMBER: 22-81750-050-02
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $527,480.77
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: June 25, 2009, 10:00am
PLACE OF SALE: Sheriff's Main Office, Dakota County Law Enforcement Center, 1580 Hwy 55, Lobby S-100, Hastings, MN 55033
to pay the debt 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 6 months from the date of said sale by the mortgagor(s) the personal representatives or assigns.
"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 5 UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: May 5, 2009
Deutsche Bank National Trust Company, as Trustee for Long Beach Mortgage Trust 2006-WL1
Assignee of Mortgagee
SHAPIRO, NORDMEYER & ZIELKE, LLP
Lawrence P. Zielke - 152559
Diane F. Mach - 273788
Kristine M. Spiegelberg - 308845
Melissa L. Baldridge Porter - 0337778
Attorneys for Mortgagee
12550 West Frontage Road, Ste. 200
Burnsville, MN 55337
PURSUANT TO THE FAIR DEBT COLLECTION PRACTICES ACT, YOU ARE ADVISED THAT THIS OFFICE IS DEEMED TO BE A DEBT COLLECTOR. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. THIS NOTICE IS REQUIRED BY THE PROVISIONS OF THE FAIR DEBT COLLECTION PRACTICES ACT AND DOES NOT IMPLY THAT WE ARE ATTEMPTING TO COLLECT MONEY FROM ANYONE WHO HAS DISCHARGED THE DEBT UNDER THE BANKRUPTCY LAWS OF THE UNITED STATES.
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