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: August 17, 2009
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $630,000.00
MORTGAGOR(S): Geraldine E. Thompson, single
MORTGAGEE: Wells Fargo Bank, N.A.
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON THE MORTGAGE: Wells Fargo Bank, N.A.
SERVICER: GITSIT Solutions, LLC
DATE AND PLACE OF FILING: Filed August 28, 2009, Lake County Recorder, as Document Number A000169954
ASSIGNMENTS OF MORTGAGE: Assigned to: Secretary of Housing and Urban Development; thereafter assigned to GITSIT Solutions, LLC, not in its individual capacity but solely in its capacity as Separate Trustee of GITSIT Mortgage Loan Trust BBPLC1
LEGAL DESCRIPTION OF PROPERTY:
South 660 feet of Southwest Quarter of Southwest Quarter (SW1/4 of SW1/4), Section Twenty-one (21), Township Fifty-six (56) North, Range Seven (7) West of the Fourth Principal Meridian
PROPERTY ADDRESS: 5241 Rieder Memorial Drive, Silver Bay, MN 55614
PROPERTY IDENTIFICATION NUMBER: 26.5607.21620
COUNTY IN WHICH PROPERTY IS LOCATED: Lake
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: $839,275.05
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: March 20, 2025, 10:00AM
PLACE OF SALE: Sheriff’s Main Office, 613 3rd Ave, Two Harbors, MN 55616
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 March 20, 2026, or the next business day if March 20, 2026 falls on a Saturday, Sunday or legal holiday.
Dated: January 15, 2025
GITSIT Solutions, LLC, not in its individual capacity but solely in its capacity as Separate Trustee of GITSIT Mortgage Loan Trust BBPLC1
Assignee of Mortgagee
LOGS Legal Group LLP
Tracy J. Halliday – 034610X
LOGS Legal Group LLP
Attorneys for Mortgagee
1715 Yankee Doodle Road, Suite 210
Eagan, MN 55121
(952) 831-4060
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR
