TRUSTEE’S NOTICE OF SALE

TRUSTEE’S NOTICE OF SALE
TS No.: 046273-OR Loan No.: ******3233 Reference is made to that certain trust deed (the “Deed of Trust”) executed by LARRY M. SIMONTON, as Grantor, to WFG NATIONAL TITLE INSURANCE COMPANY, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., AS NOMINEE FOR SOUTH PACIFIC FINANCIAL CORP. DBA NORTH PACIFIC FINANCIAL CORP., ITS SUCCESSORS AND ASSIGNS, as Beneficiary, dated 3/23/2015, recorded 3/31/2015, as Instrument No. 2015-022869, in the Official Records of Washington County, Oregon, which covers the following described real property situated in Washington County, Oregon: BEGINNING AT THE NORTHWEST CORNER OF THE SOUTHEAST ONE-QUARTER OF THE SOUTHEAST ONE-QUARTER OF SECTION 26, TOWNSHIP 2 NORTH, RANGE 5 WEST, OF THE WILLAMETTE MERIDIAN, IN THE COUNTY OF WASHINGTON AND STATE OF OREGON, RUNNING NORTH 89°47′ EAST ALONG THE NORTH LINE THEREOF, A DISTANCE OF 74.2 FEET TO A POINT ON THE NORTH BOUNDARY OF WILSON RIVER STATE HIGHWAY; THENCE SOUTH 44°05′ WEST ALONG THIS NORTH BOUNDARY, A DISTANCE OF 61.0 FEET TO THE TRUE POINT OF BEGINNING. FROM SAID TRUE POINT OF BEGINNING SOUTH 45°55′ WEST ALONG HIGHWAY BOUNDARY, A DISTANCE OF 40.0 FEET; THENCE CONTINUING ALONG HIGHWAY BOUNDARY SOUTH 44°05′ EAST A DISTANCE OF 350.5 FEET TO A POINT; THENCE NORTH 50°33′ EAST ALONG THE NORTHWEST BOUNDARY OF LAND DEEDED TO STATE OF OREGON, AS RECORDED IN BOOK 202, PAGE 459, DEED RECORDS, WASHINGTON COUNTY, OREGON, A DISTANCE OF 169.0 FEET TO THE SOUTHWEST BOUNDARY (30 FEET FROM CENTER) OF COUNTY ROAD NO. 374; THENCE SOUTH 77°30′ EAST ALONG THIS SOUTHWEST BOUNDARY, A DISTANCE OF 50.8 FEET TO A POINT; THENCE NORTH 12°30′ EAST, A DISTANCE OF 30.0 FEET TO A POINT ON CENTER LINE OF COUNTY ROAD; THENCE NORTH 77°30′ WEST ALONG CENTER LINE OF COUNTY ROAD, A DISTANCE OF 89.8 FEET TO A POINT; THENCE NORTH 13°41′ EAST, A DISTANCE OF 63.3 FEET TO A POINT IN GALES CREEK CHANNEL; THENCE NORTH 77°30′ WEST UP GALES CREEK CHANNEL, A DISTANCE OF 336.9 FEET TO THE PLACE OF BEGINNING. APN: R819332 / 2N526D0-01300 Commonly known as: 14430 NW LYDA DRIVE GALES CREEK, OR 97117 The current beneficiary is: SOUTH PACIFIC FINANCIAL CORP Both the beneficiary and the trustee have elected to sell the above-described real property to satisfy the obligations secured by the Deed of Trust and notice has been recorded pursuant to ORS 86.752(3). The default for which the foreclosure is made is the grantor’s failure to pay when due, the following sums:
Delinquent Payments:
Dates: No. Amount Total:
03/01/16 thru 09/01/16 7 $1,031.29 $7,219.03
Late Charges: $201.25
Beneficiary Advances: $170.00
Foreclosure Fees and Expenses: $990.50
Total Required to Reinstate: $8,580.78
TOTAL REQUIRED TO PAYOFF: $131,202.10
By reason of the default, the beneficiary has declared all obligations secured by the Deed of Trust immediately due and payable, including: the principal sum of $126,498.73 together with interest thereon at the rate of 4.25 % per annum, from 2/1/2016 until paid, plus all accrued late charges, and all trustee’s fees, foreclosure costs, and any sums advanced by the beneficiary pursuant to the terms and conditions of the Deed of Trust Whereof, notice hereby is given that the undersigned trustee, CLEAR RECON CORP., whose address is 111 SW Columbia Street #950, Portland, OR 97201, will on 1/31/2017, at the hour of 11:00 AM, standard time, as established by ORS 187.110, ON THE STEPS OF THE 2ND AVENUE ENTRANCE OF THE WASHINGTON COUNTY COURTHOUSE, 145 N.E. 2ND AVENUE, HILLSBORO, OR 97124, sell at public auction to the highest bidder for cash the interest in the above-described real property which the grantor had or had power to convey at the time it executed the Deed of Trust, together with any interest which the grantor or his successors in interest acquired after the execution of the Deed of Trust, 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 86.778 has the right to have the foreclosure proceeding dismissed and the Deed of Trust reinstated by payment to the beneficiary of the entire amount then due (other than the portion of principal that would not then be due had no default occurred), together with the costs, trustee’s and attorneys’ fees, and curing any other default complained of in the Notice of Default by tendering the performance required under the Deed of Trust at any time not later than five days before the date last set for sale. 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. 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 the Deed of Trust, the words “trustee” and ‘beneficiary” include their respective successors in interest, if any. Dated: 9/14/2016 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036 Bernis M. Gonyea, Authorized Signatory of Trustee.
Published Oct. 6, 13, 20 & 27, 2016.
BVT15861720