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05/29/05 - Notice of Mortgage Foreclosure Sale (06/19/2005)
First Publication Date

Sunday, May 29, 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: December 22, 2000

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $88,738.00

MORTGAGOR(S): Daniel Seelbinder and Deborah Seelbinder, Husband and Wife

MORTGAGEE: Ameriquest Mortgage Company

DATE AND PLACE OF RECORDING: Recorded January 16, 2001, Winona County Recorder, Document #: 436418

ASSIGNMENTS OF MORTGAGE: And thereafter assigned to: Deutsche Bank National Trust Company f/k/a Bankers Trust Company of California, N.A., as Trustee, under the pooling and servicing agreement, dated March 29, 2001, among Asset Backed Funding Corporation, Ameriquest Mortgage Company and Bankers Trust Company of California,N.A., ABFC Mortgage Loan Asset-Backed Certificates, Series 2001-AQ1.

Dated: December 29, 2000

LEGAL DESCRIPTION OF PROPERTY: Lots Two (2) and Three (3), and the North 20 feet of Lot Six (6), Block Thirty-one (31), Except the West 85 feet of said Lots, original plat of the City of St. Charles, Winona County, Minnesota.

COUNTY IN WHICH PROPERTY IS LOCATED: Winona

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE: $95,075.13

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: July 21, 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: May 29, 2005

Deutsche Bank National Trust Company f/k/a Bankers Trust Company of California, N.A., as Trustee, under the pooling and servicing agreement, dated March 29, 2001, among Asset Backed Funding Corporation, Ameriquest Mortgage Company and Bankers Trust Company of California, N.A., ABFC Mortgage Loan Asset-Backed Certificates, Series 2001-AQ1

Assignee of Mortgage

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: 07001 

 

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