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Wintrust Mortgage v Arthur Shawback Jr.

Tuesday, September 19, 2017 - 11:23pm

NOTICE OF MORTGAGE
FORECLOSURE SALE
NOTICE IS HEREBY GIVEN, that default has occurred in the conditions of a mortgage dated February 24, 2015, executed by Arthur Nicholas Shawback, Jr., as mortgagor(s) to Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Wintrust Mortgage, a division of Barrington Bank and Trust Co., N.A. as mortgagee in the original principal amount of Two Hundred Twenty-eight Thousand One Hundred Twenty-three ($228,123.00) Dollars, recorded with the Dakota County Recorder, State of Minnesota, on March 4, 2015, as doc. no. 3054859; which was thereafter assigned to Associated Bank, N.A. by document recorded on September 14, 2015 as doc. no. 3089802; and thereafter assigned to Wintrust Mortgage, a division of Barrington Bank and Trust Co., N.A. by instrument recorded on October 14, 2015 as doc. no. 3095143; that all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law to recover any part of the debt secured by said mortgage; that there is claimed to be due thereon the sum of Two Hundred Forty-three Thousand Five Hundred Sixty-eight and 61/100 ($243,568.61) Dollars on this date; and that pursuant to the power of sale therein the mortgage will be foreclosed and the property in Dakota County, Minnesota, described as follows:
Lot 1, Block 2, Executive Estates,
Dakota County, Minnesota,
Property address: 22486 Cantrel Way, Farmington, MN 55024
Parcel I.D. #: 14-24500-02-010
will be sold by the sheriff of said county at public auction on April 27, 2017, at 10:00 o'clock A.M. at Sheriff's Office, Law Enforcement Center, 1580 Highway 55, Hastings, Minnesota, to pay the debt secured by the mortgage, including costs and attorneys' fees allowed by law subject to redemption by the mortgagor(s), his heirs or assigns, within six (6) months from the date of sale. The mortgagor(s) must vacate the property on or before 11:59 p.m. on October 27, 2017 (if that date is a Saturday, Sunday or holiday, then the date to vacate is the next date thereafter which is not a Saturday, Sunday or holiday), if (i) the mortgage is not reinstated under §580.30, or (ii) the property is not redeemed under §580.23.
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 1, 2017Wintrust Mortgage, a division of Barrington Bank and Trust Co., N.A.,
Mortgagee
Mary L. Cox, STEIN & MOORE, P.A., Attorneys for Mortgagee, 332 Minnesota Street, #W-1650, St. Paul, MN 55101 (651) 224-9683
Pursuant to the provisions of Minn. Stat. §580.07, the foregoing foreclosure sale was postponed by mortgagors to September 27, 2017.
NOTICE OF POSTPONEMENT OF MORTGAGE FORECLOSURE SALE
The September 27, 2017 foreclosure sale is postponed to a date not yet determined.

Dated: September 21, 2017Wintrust Mortgage, a division of Barrington Bank and Trust Co., N.A., Mortgagee
Ralph L. Moore, STEIN & MOORE, P.A., Attorneys for Mortgagee, 332 Minnesota Street, #W-1650, St. Paul, MN 55101 (651) 224-9683
09/21/2017