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Vermillion State Bank vs Ryan

Tuesday, April 18, 2017 - 11:21pm

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: April 25, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $250,000.00
MORTGAGOR(S): Joseph D. Ryan and Suzanne K. Ryan, husband and wife
MORTGAGEE: Vermillion State Bank
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON THE MORTGAGE: Vermillion State Bank
SERVICER: Seterus, Inc.
DATE AND PLACE OF FILING: Filed May 5, 2005, Dakota County Recorder, as Document Number 2319425
ASSIGNMENTS OF MORTGAGE: Assigned to: Countrywide Document Custody Services, a Division of Treasury Bank, N.A.; Thereafter assigned to Countrywide Home Loans, Inc. Thereafter assigned to Federal National Mortgage Association.
LEGAL DESCRIPTION OF PROPERTY:
That part of Lot Seven (7), Block One (1), Old Bridge First Addition, lying Southerly and Southeasterly of the following described line: Commencing at the Northwest corner of said Lot Seven, Thence South 0 degrees 20 minutes 39 seconds East, bearing assumed, along the West line of said Lot Seven (7), a distance of 216.81 feet to the point of beginning of the line to be described; thence North 64 degrees 16 minutes 04 seconds East a distance of 107.28 feet; thence North 55 degrees 01 minutes 36 seconds East, a distance of 98.03 feet to the Easterly line of said Lot Seven (7), and there terminating. Together with a 45 foot easement for ingress and egress over that part of Lot Seven (7), Block One (1), Old Bridge First Addition, the Southerly line of said Easement is described as follows: Commencing at the Northwest corner of said Lot Seven (7), Thence Easterly, along the North line of said Lot Seven (7) to the Northeast corner of said Lot Seven (7); thence Southeasterly, along the East line of said Lot Seven (7), a measured distance of 76.68 feet; thence Southeasterly on a tangential curve, concave to the Northeast, having a measured radius of 206.16 feet, a central angle of 18 degrees 44 minutes 38 seconds a distance of 67.44 feet to the point of beginning of the line to be described; thence Southwesterly to a point on the West line of said Lot Seven (7) distant 257.02 feet Southerly of the Northwest corner and there terminating
PROPERTY ADDRESS: 2524 Old Bridge LN, Hastings, MN 55033
PROPERTY IDENTIFICATION NUMBER: 19-51000-01-072
COUNTY IN WHICH PROPERTY IS LOCATED: Dakota
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $251,391.00

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 1, 2017, 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 December 1, 2017, or the next business day if December 1, 2017 falls on a Saturday, Sunday or legal holiday.

"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: April 4, 2017

Federal National Mortgage Association ("Fannie Mae")
Assignee of Mortgagee

SHAPIRO & ZIELKE, LLP
Lawrence P. Zielke - 152559
Diane F. Mach - 273788
Melissa L. B. Porter - 0337778
Randolph W. Dawdy - 2160X
Gary J. Evers - 0134764
Tracy J. Halliday - 034610X
Attorneys for Mortgagee
12550 West Frontage Road, Suite 200
Burnsville, MN 55337
(952) 831-4060

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR
16-102812
4/13-5/18


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