Lowe Richard

NOTICE OF MORTGAGE
FORECLOSURE SALE

19-111609
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:
April 10, 2008
ORIGINAL PRINCIPAL AMOUNT
OF MORTGAGE: $312,620.00
MORTGAGOR(S): Richard U.
Lowe and Rozann J. Lowe, husband and wife
MORTGAGEE: Financial Freedom Senior Funding Corporation, a
subsidiary of IndyMac Bank, F.S.B.
LENDER OR BROKER AND
MORTGAGE ORIGINATOR STATED ON THE MORTGAGE: Financial
Freedom Senior Funding Corporation, a subsidiary of IndyMac Bank,
F.S.B.
SERVICER: Compu-Link Corporation d/b/a Celink
DATE AND PLACE OF FILING:
Filed July 7, 2008, Aitkin County
Recorder, as Document Number
388832
ASSIGNMENTS OF MORTGAGE:
Assigned to: Mortgage
Electronic Registration Systems,
Inc.; thereafter assigned to Cascade Funding RM1 Acquisitions
Grantor Trust.
LEGAL
DESCRIPTION
OF
PROPERTY:
That part of Government Lot
Seven (7), of Section Three (3),
Township Forty-Six (46), Range
Twenty-Five (25), described as follows:
Beginning at the Northwesterly
corner of Lot 2, Wel-A-Wiben, Aitkin County, Minnesota, according
to the recorded plat thereof, on file
in the Office of the Aitkin County
Recorder; thence North 42 degrees
01 minutes 11 seconds West, on
an assigned bearing, along the
Northwesterly extension of the
Southwesterly line of said Lot 2, a
distance of 282.51 feet to the actual point of beginning of the following tract of land to be described;
thence South 39 degrees 14 minutes 52 seconds West, along a line
here by referred to and here after
referred to as Line A, a distance of
405.00 feet, thence North 42 degrees 01 minutes 11 seconds West,
a distance of 126.23 feet; thence
North 06 degrees 47 minutes 59
seconds West, a distance of 354.29
feet, more or less, to its intersection with the shore line of Lily Lake;
thence Northeasterly, along-said
shore line of said Lily Lake to its intersection with a line bearing North
42 degrees 01 minutes 11 seconds
West, from the actual point of beginning; thence South 42 degrees
01 minutes 11 seconds East, a distance of 331.57 feet, more or less,
to the actual point of beginning.
Subject to a 33 foot wide perpetual easement for road purposes
over, under and across the above
described tract of land lying Southeasterly of a line drawn parallel with
and 33 feet Northwesterly of as
measured at right angles from the
afore described Line A.
Subject to and together with an
easement for roadway purposes
over, under and across the following described property:
Government Lot 6, Government
Lot 7, and that part of Government
Lot 8 lying Northerly of the East
and West Quarter line of Section 3,
Township 46, Range 25 West, Aitkin
County, Minnesota.
The Centerline of said roadway
easement being described as follows:
Beginning at a point where an
existing centerline of an existing
road intersects the East line of said
Government Lot 8, distant 644 feet,
more or less, Northerly of the East
Quarter corner of said Section 3,
thence Westerly, Northwesterly,
Westerly and Southwesterly, along
said existing centerline of said existing road to its intersection with
an existing centerline of an existing
road as described in an easement
for roadway as recorded in Book 9
of Misc., Page 266 in the Office of
the Aitkin County Recorder; thence
Southwesterly, Northwesterly and
Southwesterly, along said existing
centerline of said easement for
roadway as recorded in said Book
9 of Misc., Page 266, to its intersection with the West line of said
Government Lot 6 and said centerline there terminating. Excepting
that portion thereof lying Easterly
of Aitkin County State Aid Highway
No. 4 as presently laid out and constructed.
PROPERTY ADDRESS: 30384
336th Ln, Aitkin, MN 56431
PROPERTY
IDENTIFICATION
NUMBER: 09-0-003619
COUNTY IN WHICH PROPERTY
IS LOCATED: Aitkin
THE AMOUNT CLAIMED TO BE
DUE ON THE MORTGAGE ON THE
DATE OF THE NOTICE:
$275,736.28
THAT all pre-foreclosure requirements have been complied with;
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:
January 16, 2020, 10:00am
PLACE OF SALE: Sheriff’s Main
Office, 217 2nd Street, Aitkin, MN
56431
to pay the debt 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 12 months from
the date of said sale by the mortgagor(s) the personal representatives or assigns.
TIME AND DATE TO VACATE
PROPERTY: If the real estate is
an owner-occupied, single-family
dwelling, unless otherwise provided by law, the date on or before
which the mortgagor(s) must vacate the property, if the mortgage is
not reinstated under section 580.30
or the property is not redeemed
under section 580.23, is 11:59 p.m.
on January 16, 2021, or the next
business day if January 16, 2021
falls on a Saturday, Sunday or legal
holiday.
“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 5 UNITS, ARE NOT PROPERTY USED FOR AGRICULTURAL
PRODUCTION, AND ARE ABANDONED.
Dated: November 19, 2019
Cascade Funding RM1 Acquisitions Grantor Trust
Assignee of Mortgagee
SHAPIRO & ZIELKE, LLP
BY /s/
Lawrence P. Zielke - 152559
Melissa L. B. Porter - 0337778
Randolph W. Dawdy - 2160X
Gary J. Evers - 0134764
Tracy J. Halliday - 034610X
Attorneys for Mortgagee
Shapiro & Zielke, LLP
12550 West Frontage Road,
Suite 200
Burnsville, MN 55337
(952) 831-4060
THIS IS A COMMUNICATION
FROM A DEBT COLLECTOR
Published in the
Aitkin Independent Age
November 27, December 4, 11,
18, 25, 2019, January 1, 2020
998724