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Notice of Mortgage Foreclosure Sale

600 Greenwood Avenue, Tracy, MN 56175

August 9, 2012
Marshall Independent

August 9, 16, 23, 30, September 6, 13, 2012

NOTICE OF MORTGAGE FORECLOSURE SALE

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

DATE OF MORTGAGE: October 11, 2007.

MORTGAGOR(S): Meadow Ridge Development, Inc., a Minnesota corporation.

MORTGAGEE: InterBay Funding, LLC, a Delaware limited liability company.

DATE AND PLACE OF RECORDING: Recorded November 2, 2007, Lyon County Recorder, as Document No. 173719.

ASSIGNMENT(S) OF MORTGAGE: Assigned to Bayview Loan Servicing, LLC, a Delaware limited liability company by assignment dated January 30, 2008, recorded March 10, 2008, as Document No. 175357.

The land described in said mortgage is not registered land.

MORTGAGE HOLDER (as defined in section 58.02):

Transaction Agent: NA.

Transaction Agent's Mortgage Identification Number on Mortgage: NA.

Lender or Broker: Bayview Loan Servicing, LLC, a Delaware limited liability company.

Residential Mortgage Servicer: NA.

MORTGAGE ORIGINATOR (as defined in section 58.02): InterBay Funding, LLC, a Delaware limited liability company.

MORTGAGED PROPERTY ADDRESS:600 Greenwood Avenue, Tracy, MN 56175

TAX PARCEL I.D. NO.: 31-182044-1.

LEGAL DESCRIPTION OF PROPERTY: All that part of the Southwest Quarter (SW1/4) of Section Twenty-three (23), Township One Hundred Nine (109) North, Range Forty (40) West, in the City of Tracy, described as follows:

Commencing at the intersection of the north line of State Street and the west line of Fourth Street in said City of Tracy; thence North 90 degrees 00 minutes 00 seconds West, assumed bearing, along said north line of State Street 460.00 feet to the point of beginning; thence continuing North 90 degrees 00 minutes 00 seconds West along said north line of State Street 347.00 feet; thence north 00 degrees 00 minutes 00 seconds East 165.00 feet; thence North 90 degrees 00 minutes 00 seconds West 80.00 feet; thence North 00 degrees 00 minutes 00 seconds East 275.00 feet; thence North 90 degrees 00 minutes 00 seconds East 656.60 feet; thence South 01 degrees 25 minutes 27 seconds West 38.52 feet; thence South 88 degrees 34 minutes 33 seconds East 261.45 feet to a point on the west line of said Fourth Street; thence South 28 degrees 35 minutes 27 seconds West along said west line of Fourth Street 62.72 feet; thence South 00 degrees 00 minutes 00 seconds East along said west line of Fourth Street 134.92 feet to a point 205.00 feet North of said point of beginning; thence North 90 degrees 00 minutes 00 seconds West 231.00 feet; thence South 00 degrees 00 minutes 00 seconds East 105.00 feet; thence North 90 degrees 00 minutes 00 seconds West 29.00 feet; thence North 00 degrees 00 minutes 00 seconds East 50.00 feet; thence North 90 degrees 00 minutes 00 seconds West 200.00 feet; thence South 00 degrees 00 minutes 00 seconds East 150.00 feet to the point of beginning, Lyon County, Minnesota;

together with (I) all buildings and improvements located on the property and (II) all machinery, equipment, fixtures and personal property located on the property owned by the mortgagor(s) and used in connection with the operation and occupancy thereof.

COUNTY IN WHICH PROPERTY IS LOCATED: Lyon.

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $180,000.00.

AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THIS NOTICE: $232,253.96.

The holder of the mortgage has complied with all conditions precedent to acceleration of the debt secured by the mortgage and foreclosure of the mortgage and all notice and other requirements of applicable statutes. 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: October 3, 2012 at 10:00 a.m.

PLACE OF SALE: The sheriff's office, 611 West Main Street, in the City of Marshall, County of Lyon, State of Minnesota,

to pay the debt then 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 six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None.

Dated: August 3, 2012.

Bayview Loan Servicing, LLC, a Delaware

Limited Liability Company, as Assignee

/s/ Kyle M. Johnson

KYLE M. JOHNSON -for-

Atty. I.D. #0392699

MURNANE BRANDT

Attorneys for Assignee

30 East Seventh Street, Suite 3200

St. Paul, Minnesota 55101

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

1476283

 
 

 

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