Farmington´s #1 News Source

Published February 21, 2013, 12:00 AM

Option One Mortgage Corporation vs Pot

NOTICE OF MORTGAGE FORECLOSURE SALE

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: May 25, 2007

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $189,000.00

MORTGAGOR(S): Jonathan Peter Pot, a single man

MORTGAGEE: Option One Mortgage Corporation

LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON THE MORTGAGE: Option One Mortgage Corporation

SERVICER: Homeward Residential, Inc.

DATE AND PLACE OF FILING: Filed October 4, 2007, Dakota County Recorder, as Document Number 2548178

ASSIGNMENTS OF MORTGAGE: Assigned to: Shamrock Financial Corporation; Dated: June 25, 2008 filed: June 27, 2008, recorded as document number 2599159; Thereafter corrected by Corrective Assignment of Mortgage changing assignee to Wells Fargo Bank, N.A., as Trustee for the Certificateholder of Soundview Home Loan Trust 2007-OPT3, Asset-Backed Certificates, Series 2007-OPT3 dated July 16, 2008 and recorded July 21, 2008 as Document No: 2603533. Thereafter assigned to Wells Fargo Bank, N.A., as Trustee for Soundview Home Loan Trust 2007-OPT3, Asset-Backed Certificates, Series 2007-OPT3 dated June 16, 2010 and recorded June 22, 2010 as Document No: 2736656.

LEGAL DESCRIPTION OF PROPERTY:

Lot 30, Block 1, Hampton Heights

PROPERTY ADDRESS: 1581 Pacific Ave, Eagan, MN 55122

PROPERTY IDENTIFICATION NUMBER: 10-31900-01-300

COUNTY IN WHICH PROPERTY IS LOCATED: Dakota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $226,866.55

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: February 14, 2013, 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.

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 August 14, 2013.

"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: December 18, 2012

Wells Fargo Bank, N.A., as Trustee for Soundview Home Loan Trust 2007-OPT3, Asset-Backed Certificates, Series 2007-OPT3

Assignee of Mortgagee

SHAPIRO & ZIELKE, LLP

Lawrence P. Zielke - 152559

Diane F. Mach - 273788

Melissa L. B. Porter - 0337778

Ronald W. Spencer - 0104061

Stephanie O. Nelson - 0388918

Randolph W. Dawdy - 2160X

Gary J. Evers - 0134764

Attorneys for Mortgagee

12550 West Frontage Road, Ste. 200

Burnsville, MN 55337

(952) 831-4060

NOTICE OF POSTPONEMENT OF

MORTGAGE FORECLOSURE SALE

The above referenced sale scheduled for February 14, 2013, at 10:00 AM, has been postponed to April 11, 2013, at 10:00 AM, located at Dakota County Law Enforcement Center, 1580 Hwy 55, Lobby S-100, Hastings, MN 55033, said County and State.

If this is an owner occupied, single-family dwelling, the premises must be vacated by October 11, 2013 at 11:59 PM.

Dated: February 14, 2013.

Wells Fargo Bank, N.A., as Trustee for Soundview Home Loan Trust 2007-OPT3, Asset-Backed Certificates, Series 2007-OPT3

Assignee of Mortgagee

SHAPIRO & ZIELKE, LLP

Lawrence P. Zielke - 152559

Diane F. Mach - 273788

Melissa L. B. Porter - 0337778

Ronald W. Spencer - 0104061

Stephanie O. Nelson - 0388918

Randolph W. Dawdy - 2160X

Gary J. Evers - 0134764

12550 West Frontage Road, Ste. 200

Burnsville, MN 55337

(952) 831-4060

Attorney for Assignee of Mortgagee

12-088144

2/21

Tags:

More from around the web