Details for 0114.Foreclosure Postponement Teiken

(First Publication Date:

January 14, 2020)

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 conditions of the following described mortgage:

DATE OF MORTGAGE: February 8, 2008

MORTGAGOR: Terry L. Teiken and Valerie J. Teiken, husband and wife

MORTGAGEE: Mortgage Electronic Registration Systems, Inc.

DATE AND PLACE OF RECORDING:Recorded: February 14, 2008

Otter Tail County RecorderDocument #: 1034242

ASSIGNMENTS OF MORTGAGE:

Said mortgage was assigned to JP Morgan Chase, National Association on April 26, 2013 and said assignment was recorded on May 10, 2013 and given document number 1127360 and subsequently assigned to New Penn Financial, LLC, d/b/a Shellpoint Mortgage Servicing on September 27, 2016 and said assignment was recorded on October 5, 2016 and given document number 1181166 and subsequently assigned to U.S. Bank National Association, not individually but solely as Trustee for BlueWater Investment Trust 2018-A on June 25, 2018 and said assignment was recorded on August 14, 2018 and given document number 1210273 and subsequently assigned to U.S. Bank National Association, not individually but solely as Trustee for BlueWater Investment Trust 2017-1 on July 24, 2019 and said assignment was recorded on July 26, 2019 and given document number 1224011.

LEGAL DESCRIPTION OF PROPERTY:

That part of the Southeast Quarter of the Northwest Quarter, Section 6, Township 137, Range 40, Otter Tail County, Minnesota, described as follows:

Commencing at the northwesterly corner of Lot 1, SKY BLUE WATER BEACH, plat of which is on file in the office of the Recorder, said County; thence on an assumed bearing of North 88 degrees 33 minutes 39 seconds West along the northerly line of said plat, a distance of 93.00 feet to the centerline of an existing public road; thence North 47 degrees 13 minutes 23 seconds East along said centerline, a distance of 111.31 feet; thence North 01 degrees 08 minutes 40 seconds West a distance of 1056.50 feet; thence South 76 degrees 19 minutes 09 seconds West a distance of 239.34 feet; thence South 10 degrees 57 minutes 11 seconds West a distance of 201.24 feet to the point of beginning of the land to be described; thence South 72 degrees 44 minutes 31 seconds West a distance of 620.88 feet; thence South 16 degrees 01 minutes 14 seconds West a distance of 684.67 feet to the east-west quarter line of said Section 6; thence South 87 degrees 58 minutes 45 seconds East along said east-west quarter line a distance of 646.51 feet to the intersection with a line which bears South 08 degrees 55 minutes 10 seconds West from the point of beginning; thence North 08 degrees 55 minutes 10 seconds East a distance of 875.67 feet to the point of beginning. Together with an easement for roadway and utility purposes over, under and across that part of said Southeast Quarter of Northwest Quarter which lies within 33.00 feet of said east-west quarter line and is bounded on the west by the easterly line of the above described tract and is bounded on the east by the centerline of said existing public road.

PARCEL ID #: 32.000.06.0050.002

PROPERTY ADDRESS: 51455 Lake Six Rd, Frazee, Minnesota 56544

TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.

TRANSACTION AGENT ID NO.: 1000739-8260650508-8

CURRENT MORTGAGE SERVICER: NewRez LLC, f/k/a New Penn Financial, LLC, d/b/a/ Shellpoint Mortgage Servicing

COUNTY IN WHICH PROPERTY IS LOCATED: Otter Tail

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $152,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY PAID BY MORTGAGEE: $165,338.87

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 Mortgagors have been released from financial obligation on said Mortgage; that no action or proceeding has been instituted by law to recover that debt secured by said Mortgage, or any part thereof; that all conditions precedent to foreclose of the Mortgage and acceleration of the debt secures thereby have been fulfilled;

PURSUANT to the power of sale therein contained, said Mortgage will be foreclosed and the above described property will be sold by the Sheriff of said county as follows:

DATE AND TIME OF SALE: January 9, 2020 at 10:00 am

PLACE OF SALE: Otter Tail County Courthouse, North Door, 121 W. Junius Avenue, Fergus Falls, MN 56537

to pay the debt the debt then secured by the Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys' fees allowed by law, subject to redemption within six (6) months from the date of sale by the mortgagor, 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 of the property redeemed under Minnesota Statutes sections 580.23 is July 9, 2020 at 11:59 p.m. If the foregoing date is Saturday, Sunday, or a legal holiday, then the date to vacate is the next business day at 11:59 p.m.

MORTGAGOR 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.THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

Dated: November 6, 2019

U.S. Bank National Association, not individually but solely as Trustee for BlueWater Investment Trust 2017-1 Mortgagee

Kenneth J. Johnson Minnesota State Bar No. 0246074

Johnson, Blumberg & Associates, LLC

Attorney for Mortgagee

230 W. Monroe St., Ste. 1125

Chicago, IL 60606

Phone 312-541-9710

Fax 312-541-9711

NOTICE OF POSTPONEMENT OF MORTGAGE FORECLOSURE SALE

The above referenced mortgage foreclosure sale originally scheduled to be held onJanuary 9, 2020 at 10:00 a.m., has been postponed by the servicer to January 30, 2020 at 10:00 a.m., at the Otter Tail County Courthouse, North Door, 121 W. Junius Avenue, Fergus Falls, MN 56537.

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 nor the property redeemed under Minnesota Statutes section 580.23 is 7/30/2020 at 11:59 p.m. If the foregoing date is Saturday, Sunday or legal holiday, then the date to vacate is the next business day at 11:59 p.m.

Dated: January 8, 2020

Kenneth J. Johnson

Minnesota State Bar No. 0246074

Johnson, Blumberg & Associates, LLC

Attorney for Mortgagee

230 W. Monroe St., Ste. 1125

Chicago, IL 60606

Phone 312-541-9710

Fax 312-541-9711

Publication Dates: January 14, 2020

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