Notice of Mortgage Foreclosure Sale

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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 following described mortgage:
DATE OF MORTGAGE: December 12, 2008
MORTGAGOR:    Orlen L. Pangrac and LaVonne G Pangrac, husband and wife.
MORTGAGEE:    World Alliance Financial Corp..
DATE AND PLACE OF RECORDING: Recorded January 26, 2009 Swift County Recorder, Document No. 228354.
ASSIGNMENTS OF MORTGAGE: Assigned to:  Mortgage Electronic Registration Systems, Inc.   Effective date March 1, 2010.  Dated April 9, 2010 Recorded April 23, 2010, as Document No. 230799.    And thereafter assigned to:  Bank of America, N.A..   Dated September 9, 2015 Recorded October 7, 2015, as Document No. 241524 (Also an Assignment of Mortgage purportually assigned by Mortgage Electronic Registration Systems, Inc. to Secretary of Housing and Urban Development dated October 15, 2015, recorded November 6, 2015 as document no. 241678 thereafter assigned to Bank of America, N.A. dated November 30, 2016, recorded December 7, 2016 as document no. 243683)
TRANSACTION AGENT:  NONE
TRANSACTION AGENT'S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:  NONE
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE:  World Alliance Financial Corp.
RESIDENTIAL MORTGAGE SERVICER:  Reverse Mortgage Solutions, Inc.
MORTGAGED PROPERTY ADDRESS:  708 11th Street North, Benson, MN 56215
TAX PARCEL I.D. #:  23-0692-000
LEGAL DESCRIPTION OF PROPERTY: Lot 2 and the South 1/2 of Lot 3, Block 8, Lynn Park Addition to the City of Benson
COUNTY IN WHICH PROPERTY IS LOCATED: Swift
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $75,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $55,861.29
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: April 4, 2017 at 10:00 AM
PLACE OF SALE: Sheriff's Office, Law Enforcement Center, Benson, 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    twelve (12) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on April 4, 2018 unless that date falls on a weekend  or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
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 2, 2017
Bank of America, N.A.
Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
136 - 16-008374 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
2-15-6c

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