The notice provides important information about a mortgage foreclosure sale that is set to take place. It states that default has occurred in the conditions of a mortgage dated July 26, 2018. The original principal amount of the mortgage is $138,400. The mortgagor is Joseph R. Leeper, and the mortgagee is Mortgage Electronic Registrations Systems, Inc., acting as nominee for Republic Bank, Inc.
The notice also includes details about the recording of the mortgage and its subsequent assignment to U.S. Bank National Association. It specifies the date and time of the foreclosure sale, which is set for October 4, 2023, at 10:00 AM, at the County Sheriff’s office in Duluth, Minnesota.
The notice states that the purpose of the sale is to pay the debt secured by the mortgage, as well as any taxes and costs associated with the property. It also mentions that the property is subject to redemption within six months from the date of the sale.
Furthermore, the notice provides important legal information, including the right to verification of the debt and identity of the original creditor, as well as the possibility of the redemption period being reduced to five weeks under certain circumstances.
The notice also includes contact information for the mortgagee’s attorneys, Wilford, Geske & Cook, P.A., as well as the file number associated with the foreclosure.
Additionally, the notice includes two updates about the postponement of the foreclosure sale. The sale was initially scheduled for October 4, 2023, but was postponed to November 8, 2023, and then further postponed to January 10, 2024.
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