Kimberly H. Germolus And Shane J. Germolus, foreclosure

Published 12:10pm Tuesday, October 1, 2013

(First Publication September 30, 2013)

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: November 8, 2005

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $119,000.00

MORTGAGOR(S): Kimberly H. Germolus And Shane J. Germolus, wife and husband

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

DATE AND PLACE OF FILING: Recorded on November 18, 2005 in the Office of the Otter Tail County Recorder as Document Number 988360.

ASSIGNMENTS OF MORTGAGE: Assigned to: Wells Fargo Bank, N.A.by written assignment recorded on June 7, 2012 as Document Number 1110065 in the Office of the County Recorder of Otter Tail County, Minnesota.

LEGAL DESCRIPTION OF PROPERTY:
That part of Government Lot 2 and that part of the Northwest Quarter of the Northeast Quarter in Section 14, Township 136 North, Range 40 West of the Fifth Principal Meridian in Otter Tail County, Minnesota, described as follows:
Commencing at a found iron monument which designates Meander Corner No. 73, said Meander Corner No 73 is located on the easterly shore of Paul Lake and on the north line of said Section 14; thence North 88 degrees 54 minutes 14 seconds East 45.96 feet on an assumed bearing along the north line of said Section 14 to a found iron monument; thence continuing North 88 degrees 54 minutes 14 seconds East 42.22 feet along the north line of said Section 14 to a found iron monument which designates the north quarter corner of said Section 14; thence South 01 degree 19 minutes 07 seconds East 324.88 feet to an iron monument, said point is the point of beginning; thence North 87 degrees 06 minutes 09 seconds East 66.96 feet to an iron monument; thence continuing North 87 degrees 06 minutes 09 seconds East 33.01 feet to the centerline of an existing public road; thence South 01 degree 18 minutes 49 seconds East 77.65 feet along the centerline of said existing public road; thence South 88 degrees 38 minutes 17 seconds West 33.00 feet to an iron monument; thence continuing South 88 degrees 38 minutes 17 seconds West 66.92 feet to an iron monument; thence continuing South 88 degrees 38 minutes 17 seconds West 158.44 feet to an iron monument; thence continuing South 88 degrees 38 minutes 17 seconds West 7.00 feet to a found iron monument; thence continuing South 88 degrees 38 minutes 17 seconds West 3 feet, more or less, to the water`s edge of Paul Lake; thence northerly along the water`s edge of said Paul Lake to the intersection with a line which bears South 87 degrees 06 minutes 09 seconds West from the point of beginning; thence North 87 degrees 06 minutes 09 seconds East 1 foot, more or less to a found iron monument; thence continuing North 87 degrees 06 minutes 09 seconds East 12.13 feet to an iron monument; thence continuing North 87 degrees 06 minutes 09 seconds East 30.11 feet to a found iron monument; thence continuing North 87 degrees 06 minutes 09 seconds East 99.84 feet to the point of beginning.
SUBJECT TO an easement for public road purposes over, under and across that part of the above tract which lies within 33.00 feet of the centerline of said existing public road.

STREET ADDRESS OF PROPERTY:
43931 E PAUL LAKE DR, PERHAM, MN 56573-8619

COUNTY IN WHICH PROPERTY IS LOCATED: Otter Tail County, Minnesota

THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $120,163.07

THAT no action or proceeding has been instituted at law to recover the debt secured by said mortgage, or any part thereof; that there has been compliance with all pre-foreclosure notice and acceleration requirements of said mortgage, and/or applicable statutes;

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: November 21, 2013 at 10:00 AM

PLACE OF SALE: Otter Tail County Sheriff`s office, County Courthouse, 121 West Junius, Fergus Falls, 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.

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 May 21, 2014.

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:
September 26, 2013

WELLS FARGO BANK, N.A.
Mortgagee

SCHILLER & ADAM, P.A.
By:      /s/
Rebecca F. Schiller, Esq.
Sarah J.B. Adam, Esq.
N. Kibongni Fondungallah, Esq.
James J. Pauly, Esq.
Steven R. Pennock, Esq.
Curt N. Trisko, Esq.
Jeffrey D. Klobucar, Esq.
Attorneys for Mortgagee
The Academy Professional Building
25 North Dale Street
St. Paul, MN 55102
(651) 209-9760
(13-3703-FC01)

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

NOTICE OF MORTGAGE FORECLOSURE SALE
FORECLOSURE DATA

Minn. Stat. § 580.025
(1)  Street Address, City and Zip Code of Mortgaged Premises
43931 E PAUL LAKE DR
PERHAM, MN 56573-8619
(2)  Transaction Agent
Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Commonsense Mortgage, Inc., a Minnesota corporation
(3)   Name of Mortgage Originator (Lender)
Mortgage Electronic Registration Systems, Inc., a Delaware corporation, as nominee for Commonsense Mortgage, Inc., a Minnesota corporation
(4) Residential Servicer    Wells Fargo Bank, N.A.
(5)  Tax Parcel Identification Number
20000140080014
(6)  Transaction Agent`s Mortgage ID Number (MERS number)
100162500054715652

Publication Dates: September 30, October 7, 14, 21, 28, November 4, 2013.

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