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HomeNewsLegal NoticesNOTICE OF MORTGAGE FORECLOSURE SALE

NOTICE OF MORTGAGE FORECLOSURE SALE

NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the fol­lowing described mortgage:

DATE OF MORTGAGE: May 9, 2014

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $103,075.00

MORTGAGOR(S): John F Schaefer and Marilyn Schaefer Husband and Wife

MORTGAGEE: Mortgage Electronic Reg­istration Systems, Inc., as mortgagee, as nominee for The Lake Bank, its succes­sors and assigns

DATE AND PLACE OF RECORDING:

Recorded: May 13, 2014 Lake County Recorder

Document Number: A000180931

ASSIGNMENTS OF MORTGAGE:

And assigned to: Guild Mortgage Compa­ny LLC

Dated: February 7, 2023

Recorded: February 17, 2023 Lake County Recorder

Document Number: A000201864

Transaction Agent: Mortgage Electronic Registration Systems, Inc.

Transaction Agent Mortgage Identification Number: 1011450-7491012008-5

Lender/Broker/Mortgage Originator: The Lake Bank

Residential Mortgage Servicer: Guild Mort­gage Company

COUNTY IN WHICH PROPERTY IS LO­CATED: Lake

Property Address: 1915 7th Avenue, Two Harbors, MN 55616

Tax Parcel ID Number: 23-7644-05140

LEGAL DESCRIPTION OF PROPERTY: East Half of Lot Thirteen (13) and all of Lot Fourteen (14), Block Five (5), Segog`s Addition to Two Harbors, Lake County, Minnesota

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $92,532.91

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; that this is registered property;

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: May 18, 2023 at 10:00 AM

PLACE OF SALE: County Sheriff`s office, 613 Third Avenue, Two Harbors, Minne­sota

to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, including attorney fees allowed by law, subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

If the 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 November 20, 2023, or the next business day if November 20, 2023 falls on a Saturday, Sunday or legal holiday.

Mortgagor(s) released from financial obli­gation: NONE

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

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.

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: March 21, 2023
MORTGAGEE: Guild Mortgage Company LLC

Wilford, Geske & Cook, P.A.
Attorneys for Mortgagee
7616 Currell Boulevard, Suite 200
Woodbury, MN 55125
(651) 209-3300

File Number: 052461-F1

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