PUBLIC NOTICE NOTICE OF MORTGA...
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: January 12, 2005
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $339,523.90
MORTGAGOR(S): Peter G Rau and Dawn M. Lewis-Rau, husband and wife
MORTGAGEE: Household Industrial Finance Company, a Minnesota Corporation
SERVICER: Rushmore Loan Management Servicing, LLC
DATE AND PLACE OF FILING: Scott County Minnesota, Recorder, on January 21, 2005, as Document No. A686477.
ASSIGNED TO: LSF8 Master Participation Trust by an Assignment of Mortgage dated 08/01/2014 and recorded on 08/08/2014 as Document No. A963086
U.S. Bank Trust, N.A., as Trustee for LSF8 Master Participation Trust by an Assignment of Mortgage dated 10/30/2015 and recorded on 11/10/2015 as Document No. A991297
U.S. Bank National Association, not in its individual capacity but solely as trustee for the RMAC Trust, Series 2016-CTT by an Assignment of Mortgage dated 02/19/2019 and recorded on 02/28/2019 as Document No. A1062874
LEGAL DESCRIPTION OF PROPERTY: Lot 4, Block 2, Pheasant Run Forth Addition, according to the recorded plat thereof.
PROPERTY ADDRESS: 2342 PONDS WAY, SHAKOPEE, MN 55379
PROPERTY I.D: 273030150
COUNTY IN WHICH PROPERTY IS LOCATED: Scott
THE AMOUNT CLAIMED TO BE DUE ON THE MORTGAGE ON THE DATE OF THE NOTICE: Four Hundred Thirty-Nine Thousand One Hundred Fifty-Four and 67/100
($439,154.67)
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: 10:00AM on March 12, 2020
PLACE OF SALE: in the lobby of the Scott County Law Enforcement Center, 301 S. Fuller Street, Shakopee, MN 55379 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. §580.23, the Mortgagor must vacate the property on or before 11:59 p.m. on September 12, 2020, or the next business day if September 12, 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: January 18, 2020
U.S. Bank National Association, not in its individual capacity but solely as trustee for the RMAC Trust, Series 2016-CTT
Marjorie J. Holsten, #0185899
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. 19MN00238-1
1/18, 1/25, 2/1, 2/8, 2/15, 2/22/20 Star Tribune
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