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#8596 - Souphommanichanh Foreclosure

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 conditions of the...

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.

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NOTICE IS HEREBY GIVEN, that default has

occurred in conditions of the following described mortgage:

DATE OF MORTGAGE: October 14, 2005

MORTGAGORS: Somphanh Souphommanichanh a

married person and Phonkham Souphommanichanh, a

single person.

MORTGAGEE: Option One Mortgage Corporation

DATE AND PLACE OF RECORDING:

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Recorded October 18, 2005, Nobles County Recorder,

Document No. A 306576.

ASSIGNMENTS OF MORTGAGE:

Assigned to: Wells Fargo Bank, N.A. as Trustee for

Option One Mortgage Loan Trust 2006-1 Asset-Backed

Certificates, Series 2006-1, Dated: October 1, 2008,

Recorded: October 8, 2008, Document No. 320459.

TRANSACTION AGENT: NONE

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TRANSACTION AGENT'S MORTGAGE IDENTIFICATION

NUMBER ON MORTGAGE: NONE

LENDER OR BROKER AND MORTGAGE ORIGINATOR

STATED ON MORTGAGE: Option One

Mortgage Corporation

RESIDENTIAL MORTGAGE SERVICER: American

Home Mortgage Servicing, Inc

MORTGAGED PROPERTY ADDRESS: 35448

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200th Street, Brewster, MN 56119

TAX PARCEL I.D. #: 07-0123-500

LEGAL DESCRIPTION OF PROPERTY:

Exibit A

That part of the Southwest Quarter (SW1/4) of

Section 20, Township 103, Range 39, described as follows:

Beginning at the South quarter corner of Section

20; thence West (assumed bearing) along the South line

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of said quarter a distance of 385.18 feet; thence North

00° 40' 00" West parallel to the East line of said Quarter

a distance of 282.73 feet to an iron stake with PS 22461

Cap on said East line; thence South 00° 40' 00" East

along said east line a distance of 282.73 feet to the point

of beginning. Said tract is subject to a roadway easement

and any other easements of record if any.

COUNTY IN WHICH PROPERTY IS LOCATED:

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Nobles

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE:

$81,000.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF

DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID

BY MORTGAGEE: $89,015.75

That prior to the commencement of this mortgage

foreclosure proceeding Mortgagee/Assignee of

Mortgagee complied with all notice requirements as

required by statute; 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: May 1, 2009 at 10:00

AM

PLACE OF SALE: Sheriff's Office, Lobby, Law

Enforcement Center, 2nd Floor, Worthington, MN

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

"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 23, 2009.

Wells Fargo Bank, N.A., as Trustee

Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.

By: Paul A. Weingarden

Attorneys for Mortgagee/Assignee of Mortgagee

4500 Park Glen Road #300

Minneapolis, MN 55416

(952) 925-6888

40-2444

0019399484

THIS IS A COMMUNICATION FROM A DEBT

COLLECTOR.

(March 4, 11, 18, 25, April 1, 8, 2009)

#8596

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