NOTICE OF MORTGAGE
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: May 12, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $323,500.00
MORTGAGOR(S): Lance J Hoefener and Courtney M Hoefener, Husband and Wife as Joint Tenants
MORTGAGEE: Saxon Mortgage, Inc. D/B/A Saxon Home Mortgage
SERVICER: Ocwen Loan Servicing, LLC
LENDER: Saxon Mortgage, Inc. D/B/A Saxon Home Mortgage.
DATE AND PLACE OF FILING: Wright County Minnesota, Recorder, on May 22, 2006, as Document No. A 1010921.
ASSIGNED TO: DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee for the registered holders of SAXON ASSET SECURITIES TRUST 2006-2 MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 2006-2 Dated: November 18, 2009, and recorded May 23, 2011 by Document No. A1176396.
LEGAL DESCRIPTION OF PROPERTY: Lot 5, Block 4, Hypointe.
PROPERTY ADDRESS: 12929 44th Place Circle, Saint Michael, MN 55376
PROPERTY I.D: R114-169-004050
COUNTY IN WHICH PROPERTY IS LOCATED: Wright
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: Three Hundred Forty-Seven Thousand Eight Hundred Ninety-One and 52/100 ($347,891.52)
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: 10:00 AM on December 29, 2011
PLACE OF SALE: Sheriff`s Main Office, 3800 Braddock Avenue NE, Buffalo, MN 55313
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 6.00 months from the date of sale.
If Mortgage is not reinstated under Minn. Stat. 580.30 or the property is not redeemed under Minn. Stat. 580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on June 29, 2012, or the next business day if June 29, 2012 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 FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.”
Dated: November 14, 2011
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee for the registered holders of SAXON ASSET SECURITIES TRUST 2006-2 MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 2006-2
Randall S. Miller & Associates, PLLC
Attorneys for Assignee of Mortgage/Mortgagee
One Financial Plaza, 120 South Sixth Street, Suite 1100
Minneapolis, MN 55402
Our File No. 11MN00285-1
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
Published in the Delano Herald Journal Nov. 14, 21, 28, Dec. 5, 12, and 19, 2011.