Legal – Mortgage Foreclosure Sale

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Legal Notice

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(S): Ronald J. Hinrichs and Earleen R. Hinrichs, husband and wife

     MORTGAGEE: Mortgage Electronic Registration Systems, Inc., a Delaware corporation as nominee for BNC Mortgage, Inc., a Delaware corporation

    ASSIGNMENTS OF MORTGAGE: Assigned to: U.S. Bank National Association, as Trustee for the Structured Asset Investment Loan Trust, Mortgage Pass-Through Certificates, Series 2005-HE3 by assignment recorded on October 2, 2013 as Document Number A341089 in the Office of the County Recorder of Nobles County, Minnesota.

    ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $60,000.00

   DATE OF MORTGAGE: June 23, 2005

     DATE AND PLACE OF FILING: Recorded on July 7, 2005 as Document Number A305156 in the Office of the County Recorder of Nobles County, Minnesota.

     THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $55,445.45

     LEGAL DESCRIPTION OF PROPERTY: Lot 9 and the North Half of Lot 8, Block 20 City of Ellsworth, Nobles County, Minnesota.

    STREET ADDRESS OF PROPERTY: 516 S BROADWAY ST, ELLSWORTH, MN 56129-1053

     COUNTY IN WHICH PROPERTY IS LOCATED: Nobles County, Minnesota

      TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.

      NAME OF MORTGAGE ORIGINATOR: BNC Mortgage, Inc., a Delaware corporation

     RESIDENTIAL SERVICER: Wells Fargo Bank, N.A.

     TAX PARCEL IDENTIFICATION NUMBER: 25-0138-000

      TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER: 100122200001793246

    THAT no action or proceeding has been instituted at law to recover the debt then remaining secured by such mortgage, or any part thereof, or, if the action or proceeding has been instituted, that the same has been discontinued, or that an execution upon the judgment rendered therein has been returned unsatisfied, in whole or in part.

    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: October 7, 2016 at 10:00 AM

   PLACE OF SALE: Nobles County Sheriff’s Office, 1530 Airport Road, Worthington, Minnesota 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), their personal representatives or assigns is six (6) months from the date of sale.

    TIME AND DATE TO VACATE PROPERTY: Unless said mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, you must vacate the premises by 11:59 p.m. on April 7, 2017.

     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 FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.

    MORTGAGOR(S)

RELEASED FROM

FINANCIAL OBLIGATION ON MORTGAGE: Ronald J. Hinrichs

Dated: August 4, 2016

U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE STRUCTURED ASSET INVESTMENT LOAN TRUST, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2005-HE3

Mortgagee

THE ACADEMY LAW GROUP, P.A.

By: Rebecca F. Schiller, Esq.
N. Kibongni Fondungallah, Esq.
*Curt N. Trisko, Esq.
*Samuel R. Coleman, Esq.
Attorneys for Mortgagee

The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(16-0947-FC01)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

8-10, 8-17. 8-24, 8-31, 9-7, 9-14

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