Mortgage Foreclosure

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:
Mortgagor:
Raymond D. Smith, single
Mortgagee: Mortgage Electronic Registration Systems, Inc. as nominee for Homecomings Financial, LLC fka Homecomings Financial Network, Inc.
Dated: 01/26/2007
Recorded: 04/02/2007
Mille Lacs County Recorder Document No. 340343
Assigned To: U.S. Bank National Association, as Trustee for Residential Asset Securities Corporation, Home Equity Mortgage Asset-Backed Pass-Through Certificates, Series 2007-KS3
Dated: 07/29/2013
Recorded: 08/01/2013
Mille Lacs County Recorder Document No. A380834
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage ID
No: 100105504013798627
Lender or Broker: Homecoming Financial LLC fka Homecoming Financial Network, Inc.
Servicer: Ocwen Loan Servicing, LLC – RR
Mortgage Originator: Homecoming Financial LLC fka Homecoming Financial Network, Inc.
LEGAL DESCRIPTION OF PROPERTY: All that Parcel of Land in County of Mille Lacs, State of Minnesota as more fully described in document 305847 and being more particularly described as follows: Real Property in Mille Lacs County, Minnesota, described as follows: Lot 3, Block 52, Original Townsite of Princeton; Together with the South Half of Vacated Alley Adjacent Thereto, Mille Lacs County, Minnesota.
This is Abstract Property.
TAX PARCEL NO.: 24-040-2030
ADDRESS OF PROPERTY:
805 7th Avenue North
Princeton, MN 55371
COUNTY IN WHICH PROPERTY IS LOCATED: Mille Lacs
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: 112,900.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: 115,934.13
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:
July 22, 2014, 10:00 AM
PLACE OF SALE: Lobby of Sheriff`s Office, City of Milaca
to pay the debt then 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), their personal representatives or assigns.
DATE TO VACATE PROPERTY: The date on or before which the mortgagor must vacate the property if the mortgage is not reinstated under Minnesota Statutes section 580.30 or the property redeemed under Minnesota Statutes section 580.23 is January 22, 2015 at 11:59 p.m. If the foregoing date is a Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: NONE
THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGORS 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 FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
Dated: May 21, 2014
U.S. Bank National Association, as Trustee for Residential Asset Securities Corporation, Home Equity Mortgage Asset-Backed Pass-Through Certificates, Series 2007-KS3,
Assignee of Mortgagee
PETERSON, FRAM & BERGMAN, P.A.
By: Michael T. Oberle, Ben I. Rust, Jonathan R. Cuskey, Michael V. Schleisman, Tracy J. Halliday
Attorneys for:
U.S. Bank National Association, as Trustee for Residential Asset Securities Corporation, Home Equity Mortgage Asset-Backed Pass-Through Certificates, Series 2007-KS3,
Assignee of Mortgagee
55 East Fifth Street, Suite 800
St. Paul, MN 55101-1718
651-209-7599
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
17725-14-00370-1
Published in the
Mille Lacs County Times
May 29, June 5, 12, 19, 26, July 3, 2014
226036

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