Foreclosure Notice - Paul Frankhauser

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: September 10, 2018
    MORTGAGOR: Paul Fankhauser, a single man.
    MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Bay Equity LLC, its successors and assigns.
    DATE AND PLACE OF RECORDING: Filed September 17, 2018, Wabasha County Registrar of Titles, Document No. 19113 on Certificate of Title No. 6342.
    ASSIGNMENTS OF MORTGAGE: Assigned to:  Lakeview Loan Servicing, LLC.  Dated June 23, 2025 Filed July 24, 2025, as Document No. T22066.                
Said Mortgage being upon Registered Land.

    TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
    TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE:  1006166-0004067976-4
    LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Bay Equity LLC
    RESIDENTIAL MORTGAGE SERVICER:  M&T Bank
    MORTGAGED PROPERTY ADDRESS: 15193 669th Street, Wabasha, MN 55981
    TAX PARCEL I.D. #: 050127500
    LEGAL DESCRIPTION OF PROPERTY: Lot 15, Block 3, Barton’s Shiloh Second Addition according to the Plat thereof on file and of record in the office of the County Recorder in and for Wabasha County, Minnesota.
    COUNTY IN WHICH PROPERTY IS LOCATED: Wabasha
    ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $152,192.00
    AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE:    $140,058.13
     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: October 29, 2025 at 10:00 AM
    PLACE OF SALE: Lobby of the Sheriff’s Main Office, 848 17th Street East, Wabasha, 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 six (6) 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 29, 2026, 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: August 26, 2025

    Lakeview Loan Servicing, LLC
    Mortgagee/Assignee of                Mortgagee

LIEBO, WEINGARDEN, DOBIE
    & BARBEE, P.L.L.P.
Attorneys for Mortgagee/
    Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
37 - 25-005164  FC

IN THE EVENT REQUIRED BY FEDERAL LAW: THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

Published in the Lake City Graphic
on September 4, 11, 18, 25 and
October 2 and 9, 2025
 

The Lake City Graphic

graphic@lakecitygraphic.com
Ph: 651-345-3316 (M-F 8am-4pm)
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111 South 8th Street
Lake City, MN 55041

ISSN 2994-1059 (print)  ISSN 2994-1067 (online)