TRUSTEE’S NOTICE OF SALE

TRUSTEE’S NOTICE OF SALE. Reference is made to that certain trust deed made by Richard Pickett, as grantor, to Paul S. Cosgrove, Esq., as trustee, in favor of Budget Finance Company, as beneficiary, dated October 22, 2003, recorded December 10, 2003, in the mortgage records of Jefferson County, Oregon, as Instrument No. 2003-006561, covering the following described real property situated in the above mentioned county and state, to wit: PARCEL 1: The West 660 feet of the North half of the Southeast quarter of the Southeast quarter of Section 15, Township 11 South, Range 13 East of the Willamette Meridian, Jefferson County, Oregon. PARCEL 2: Beginning at the Northeast corner of the South half of the Southwest quarter of the Southeast quarter of Section 15, Township 11 South, Range 13 East of the Willamette Meridian, County of Jefferson, State of Oregon; thence, North 00° 01′ 15″ East a distance of 13.72 feet to a one- half inch iron pipe; thence, North 89° 59′ 06″ West a distance of 24.00 feet, more or less, to a three inch steel post set in a fence running North and South; thence, South along the North-and South fence, a distance of 24.80 feet, more or less, to the intersection thereof, with an East-and West fence; thence, Easterly along the said East and-West fence, a distance of 24.40 feet, more or less, to the East line of said South half of the Southwest quarter of the Southeast quarter in Section 15; thence, North along the East line of said South half of the Southwest quarter of the Southeast quarter, tying to the point of beginning. (The title company advises the property address is 1142 SW Barker St., Madras, Oregon.) Both the beneficiary and the trustee have elected to sell the said real property to satisfy the obligations secured by said trust deed and a Notice of Default has been recorded pursuant to Oregon Revised Statutes 86.735(3); the default for which the foreclosure is made is grantor’s failure to pay when due the following sums: Monthly payments due April 8, 2015 through February 8, 2016, for a total of $4,977.50, plus late charges of $45.24, plus corporate advances of $340.85, plus that portion of real property taxes now due for 2014-2015 and 2015-2016. By reason of said default the beneficiary has declared all sums owing on the obligation secured by said trust deed immediately due and payable, said sums being the following, to wit: As of April 8, 2015, the principal sum of $45,993.39, plus interest; plus any sums advanced by the beneficiary or beneficiary’s successor in interest for the protection of the above described property, plus attorney and trustee’s fees incurred by reason of said default. WHEREFORE, notice hereby is given that the undersigned trustee will on July 6, 2016, at the hour of 11:00 a.m., in accord with the standard of time established by ORS 187.110, at inside main lobby of Jefferson County Courthouse, 75 SE “C” Street, in the City of Madras, County of Jefferson, State of Oregon, 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 grantor of the said trust deed, together with any interest which the grantor or grantor’s 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 ORS 86.753 has the right, at any time prior to five days before the date last set for the sale, to have this foreclosure proceeding dismissed and the trust deed reinstated by payment to the beneficiary of the entire amount then due (other than such portion of the principal as would not then be due had no default occurred) and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation or trust deed, and in addition to paying said sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and trust deed, together with trustee’s and attorney’s fees not exceeding the amounts provided by said ORS 86.753. In construing this notice, the singular includes the plural, the word “grantor” includes any successor in interest to the grantor as well as any other person owing an obligation, the performance of which is secured by said trust deed and the words “trustee” and “beneficiary” include their respective successors in interest, if any. Without limiting the trustee’s disclaimer of representations or warranties, Oregon law requires the trustee to state in this notice that some residential property sold at a trustee’s sale may have been used in manufacturing methamphetamines, the chemical components of which are known to be toxic. Prospective purchasers of residential property should be aware of this potential danger before deciding to place a bid for this property at the trustee’s sale. The Federal Fair Debt Collection Practices Act requires we state: This is an attempt to collect a debt and any information obtained will be used for that purpose. DATED February 19, 2016. /s/ Paul S. Cosgrove, Esq., Trustee. Lindsay Hart, LLP, 220 NW Skyline Blvd., Portland, OR 97210. For additional information call (503) 291-6700 or (503) 956-8139. TS #66025-378.
Publish: April 20, 27, May 4, 11, 2016