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Date:
May 26, 2020
Time:
9:50 AM - 10:00 AM
Time Details:
MUST BE PRESENT AT 10:00 AM TO BID
Location:
Law Enforcement Center
Address:
Moorhead, MN 56560
Contact:
218-299-5151
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307 4th Street NE, Dilworth, MN 56529 - CANCELLED

Tuesday, May 26, 2020

SPECIALIZED LOAN SERVIVES, LLC VS SCHMITT, PAUL AND SHEENA

PUBLIC NOTICE
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 the conditions of the following described mortgage:
DATE OF MORTGAGE: May 19, 2006
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $21 ,630.OO
 
 MORTGAGOR(S): Paul Schmitt and Sheena Schmitt, husband and wife
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Decision One Loan Company of Minnesota  
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
MIN#: 100077910006261867
SERVICER: Specialized Loan Servicing LLC
LENDER: Decision One Loan Company of Minnesota.
DATE AND PLACE OF FILING: Clay County Minnesota, Recorder, on May 30, 2006, as Document No. 627814.
ASSIGNED TO: Morgan Stanley Mortgage Capital Holdings, LLC by an Assignment of Mortgage dated 08/24/2012 and recorded on 09/04/2012 as Document No. 712744
ARCPE 1 LLC by an Assignment of Mortgage dated 12/11/2019 and recorded on 12/12/2019 as Document No. 796402  
 LEGAL DESCRIPTION OF PROPERTY: 
Lot One, in Block Five, of Houge's First Addition to the City of Dilworth, situate in the County  of Clay and the State of Minnesota.
 
PROPERTY ADDRESS: 307 4TH ST NE, DILWORTH, MN 56529
PROPERTY I.D: 52-224-0310
COUNTY IN WHICH PROPERTY IS LOCATED: Clay
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE
NOTICE: Fifty-Six Thousand Two Hundred Ten and 35/100 ($56,210.35)
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: IO:OOAM on April 7, 2020
PLACE OF SALE: Sheriffs Main Office, 911 11th Street North, Moorhead, MN 56560
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. 5580.23, the Mortgagor must vacate the property on or before 1 1 :59 p.m. on October 7, 2020, or the next business day if October 7, 2020 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: February 10, 2020 ARCPE 1 LLC
Randall S. Miller & Associates, PLLC
Attorneys for Assignee of Mortgage/Mortgagee
Edinburgh Executive Office Center, 8525 Edinbrook Crossing North Suite #210
Brooklyn Park, MN 55443 Phone: 952-232-0052 our File No. 19MN00163-1