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10/09/05 - Notice of Mortgage Foreclosure Sale (11/13/2005)
First Publication Date

Sunday, October 9, 2005

NOTICE OF MORTGAGE FORECLOSURE SALE

NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:

DATE OF MORTGAGE: March 24, 2003

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $99,875.00

MORTGAGOR(S): Douglas P. Soper and Michelle L. Soper, Husband and Wife

MORTGAGEE: New Century Mortgage Corporation

DATE AND PLACE OF RECORDING: Recorded March 26, 2003, Winona County Recorder, Document #: 468499

ASSIGNMENTS OF MORTGAGE: And thereafter assigned to: Wells Fargo Bank, N.A., successor by merger to Wells Fargo Bank Minnesota, N.A., as Trustee F/K/A Norwest Bank Minnesota, N.A., as Trustee for the registered holder of Asset Backed Securities Corporation Home Equity Loan Trust 2003-HE3, Asset Backed Pass-Through Certificates, Series 2003-HE3 Dated: August 11, 2005

LEGAL DESCRIPTION OF PROPERTY: Lot Eight (8) in Block Four (4), of the original Plat of the City (formerly village) of Dakota; the same being located upon and forming a part of Government Lot One (1), in Section Seven (7), Township One Hundred Five (105), North of Range Four (4) West of the Fifth Principal Meridian, Winona County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Winona

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $104,204.61

THAT all pre-foreclosure requirements have been complied with; 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: December 1, 2005 10:00 A.M.

PLACE OF SALE: Sheriff's Main Office, Law Enforcement Center, West Third and Washington, Winona, MN.

to pay the debt 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 6 months from the date of said sale by the mortgagor(s), their personal representatives or assigns.

Mortgagor(s) released from financial obligation: NONE

THIS COMMUNICATION IS FROM A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

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.

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: October 6, 2005

Wells Fargo Bank, N.A., successor by merger to Wells Fargo Bank Minnesota, N.A., as Trustee F/K/A Norwest Bank Minnesota, N.A., as Trustee for the registered holder of Asset Backed Securities Corporation Home Equity Loan Trust 2003-HE3, Asset Backed Pass-Through Certificates, Series 2003-HE3

Assignee of Mortgagee

Wilford & Geske

Attorneys for Assignee of Mortgagee

Lawrence A. Wilford

James A. Geske

7650 Currell Boulevard,

Suite 300

Woodbury, Minnesota 55125

651-209-3300

File ID: 09188 

 

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