Public Notices

Trustee Sale No. OR07000038-11-1 APN 00792155 Title Order No 5977944 TRUSTEE’S NOTICE OF SALE  Reference is made to that certain Trust Deed made by, PATRICIA K. JONES AND JEFFREY ALAN JONES, JOINT TENANTS as Grantor to TICOR TITLE INSURANCE COMPANY as Trustee, in favor of PARAMOUNT EQUITY MORTGAGE, A CALIFORNIA CORPORATION as Lender and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. as Beneficiary, acting solely as a nominee for Lender and recorded on March 12, 2009 as Instrument No. 2009-015871 of official records in the Office of the Recorder of Clackamas County, Oregon to-wit: APN: 00792155 A tract of land in the Wesley Joslyn Donation Land Claim and the Philander Lee Donation Land Claim, in Section 33, Township 3 South, Range 1 East, of the Willamette Meridian, in the City of Canby, County of Clackamas and State of Oregon, described as follows: Beginning at a stone at the Northwest corner of the Philander Lee Donation Land Claim; thence South 0° 44′ East along the West line of said claim, 367.8 feet to an iron pipe on the Southerly boundary of a tract of land conveyed by School District No. 86, to the grantors by Deed recorded in Book 438, Page 515, Records of Deeds of Clackamas County, for the true point of beginning of the tract of land to be described; thence North 69° 44′ East along said Southerly boundary, 40.8 feet; thence North 27º West 25.17 feet to an iron pipe; thence continuing North 27° West, 122.45 feet to an iron pipe on the East boundary of the Bakers Prairie Cemetery; thence South 0° 5′ 30″ West along the East boundary of said cemetery, 19.10 feet to an iron pipe at the Southeast corner of said cemetery; thence North 89° 59′ 30″ West along the South boundary of said cemetery, 61.50 feet to an iron pipe; thence South 27° East 125.70 feet to an iron pipe; thence continuing South 27° East 25.17 feet to a point on the Southerly line of the grantors land; thence North 69° 44′ East 23.2 feet to the point of beginning.EXCEPT that portion lying within NW 6th Avenue Commonly known as: 400 NORTHWEST 6TH AVENUE, CANBY, OR 97013 Both the Beneficiary and the Trustee have elected to sell the said real property to satisfy the obligations secured by said Trust Deed and notice has been recorded pursuant to Section 86.735(3) of Oregon Revised Statutes. The default for which the foreclosure is made is the Grantor’s failure to pay: failed to pay payments which became due; Monthly Payment $1255.63 Monthly Late Charge $62.78 By this reason of said default the Beneficiary has declared all obligations secured by said Trust Deed immediately due and payable, said sums being the following, to-wit: The sum of $171,825.31 together with interest thereon at the rate of 5.50000% per annum from May 1, 2011 until paid; plus all accrued late charges thereon; and all Trustee’s fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the terms of said Trust Deed.  Wherefore, notice is hereby given that, the undersigned Trustee will on May 18, 2012 at the hour of 10:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, at the main entrance of Clackamas County Courthouse, 807 Main Street, Oregon City, OR County of Clackamas, sell at public auction to the highest bidder for cash the interest in the said described real property which the Grantor had or had power to convey at the time of the execution by him of the said Trust Deed, together with any interest which the Grantor or his successors in interest acquired after the execution of said Trust Deed, to satisfy the foregoing obligations thereby secured and the costs and expenses of sale, including a reasonable charge by the Trustee. Notice is further given that any person named in Section 86.753 of Oregon Revised Statutes has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the BenefiCiary of the entire amount then due (other than such portion of said principal as would not then be due had no default occurred), together with the costs, Trustee’s or attorney’s fees and curing any other default complained of in the Notice of Default by tendering the performance required under the obligation or Trust Deed, at any time prior to five days before the date last set for sale. In construing this notice, the masculine gender includes the feminine and the neuter, the singular includes plural, the word “Grantor” includes any successor in interest to the Grantor as well as any other persons owing an obligation, the performance of which is secured by said Trust Deed, the words ”Trustee” and “Beneficiary” includes their respective successors in interest, if any. Dated: January 3, 2012 First American Title Insurance Company By: James M. Davis Authorized Signatory JAMES M. DAVIS, ASST SEC First American Title Insurance Company c/o TRUSTEE CORPS 17100 GILLETTE AVENUE IRVINE, CA 92614 949-252-8300 SALE INFORMATION CAN BE OBTAINED ON LINE AT www.priorityposting.com AUTOMATED SALES INFORMATION PLEASE CALL 714-573-1965 THIS COMMUNICATION IS FROM A DEBT COLLECTOR AND IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. P914813 1/25, 2/1, 2/8, 02/15/2012 CNI5283SP