1.1 .................... moves to amend H.F. No. 3475, the first engrossment, as follows:
1.2Page 3, after line 29, insert
1.3"
EFFECTIVE DATE.This section is effective for redemptions made on or after
1.4August 1, 2008."
1.5Page 4, line 18, delete "
filed" and insert "
recorded"
1.6Page 4, line 29, after "
nonprofit" insert "
or government" and after the first "
the"
1.7insert "
United States Department of Housing and Urban Development or funded by the"
1.8and delete "
or the United"
1.9Page 4, line 30, delete "
States Department of Housing and Urban Development"
1.10Page 5, line 27, after "
nonprofit" insert "
or government"
1.11Page 5, line 30, delete "
approved" and insert "
funded" and delete "
either"
1.12Page 5, line 31, after "
or" insert "
approved by"
1.13Page 7, after line 10, insert
1.14"
EFFECTIVE DATE.This section is effective for notices served on or after
1.15August 1, 2008."
1.16Page 7, after line 10, insert
1.17 "Sec. 10. Minnesota Statutes 2006, section 580.041, subdivision 1b, is amended to read:
1.18 Subd. 1b.
Form and delivery of notice. The notice required by this section must
1.19be in 14-point boldface type and must be printed on colored paper that is other than the
1.20color of the notice of foreclosure and that does not obscure or overshadow the content of
1.21the notice. The title of the notice must be in 20-point boldface type. The notice must be
1.22on its own page. The notice required by this section must be delivered with the notice of
1.23foreclosure required by sections
580.03 and
580.04. The notice required by this section
1.24also must be delivered with each subsequent written communication regarding the
1.25foreclosure mailed to the mortgagor by the foreclosing party up to the day of redemption
,
1.26except that a person may not be held liable in an action brought under this section for a
2.1violation of this section for failure to deliver the subsequent notices if the person shows by
2.2a preponderance of evidence that the violation was not intentional and resulted from a bona
2.3fide error notwithstanding the maintenance of procedures reasonably adopted to avoid the
2.4error. A foreclosing mortgagee will be deemed to have complied with this section if it
2.5sends the notice required by this section at least once every 60 days during the period of
2.6the foreclosure process. The notice required by this section must not be published."
2.7Page 8, after line 26, insert
2.8"
EFFECTIVE DATE.This section is effective for notices served under section
2.9580.03 on or after August 1, 2008."
2.10Renumber the sections in sequence