NOTICE OF MORTGAGE FORECLOSURE
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: Clayton Kodada and Andrea Kodada, husband and wife
Mortgagee: Mortgage Electronic Registration Systems, Inc. as nominee for New Century Mortgage Corporation
Dodge County Recorder Document No. A171876
Assigned To: US Bank N.A. as Trustee, for the Registered Holders of CSMC Asset-Backed Trust 2007-NC1 OSI, CSMC Asset-Backed Pass-Through Certificates, Series 2007-NC1 OSI
Dodge County Recorder Document No. A192299
Transaction Agent: Mortgage Electronic Registration Systems, Inc.
Transaction Agent Mortgage ID No: 100488910121197718
Lender or Broker: New Century Mortgage Corporation
Servicer: Ocwen Loan Servicing, LLC
Mortgage Originator: New Century Mortgage Corporation
LEGAL DESCRIPTION OF PROPERTY: The East 120 feet of the North 1/2 of Block 24, City of West Concord
This is Abstract Property.
TAX PARCEL NO.: 26.100.3260
ADDRESS OF PROPERTY:
124 2nd St.
West Concord, MN 55985
COUNTY IN WHICH PROPERTY IS LOCATED: Dodge
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $101,600.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $79,138.56
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: October 15, 2015, 11:00 AM
PLACE OF SALE: Sheriff`s Main Office, Dodge County Courthouse, 22 East 6th St., City of Mantorville 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 April 15, 2016 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 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.
Dated: August 17, 2015
US Bank N.A as trustee,
for the registered holders of CSMC Asset-Backed Trust 2007-NC1 OSI, CSMC Asset-Backed Pass-Through Certificates, Series 2007-NC1 OSI, Assignee of Mortgagee
PFB LAW, PROFESSIONAL ASSOCIATION
By: Jonathan R. Cuskey,
Michael V. Schleisman
US Bank N.A as trustee, for the registered holders of CSMC
Asset-Backed Trust 2007-NC1 OSI, CSMC Asset-Backed
Series 2007-NC1 OSI,
Assignee of Mortgagee
55 East Fifth Street, Suite 800
St. Paul, MN 55101-1718
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.