TRUSTEE’S NOTICE OF SALE TS No

TRUSTEE’S NOTICE OF SALE TS No.: 069926-OR Loan No.: ******0695 Reference is made to that certain trust deed (the Deed of Trust) executed by LACY M SCHMIEDEL AND MICHAEL B SCHMIEDEL, as Grantor, to FIDELITY NATIONAL TITLE OF OREGON, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), AS DESIGNATED NOMINEE FOR AMERICAN MORTGAGE COMPANY, LLC, A FLORIDA LIMITED LIABILITY COMPANY, BENEFICIARY OF THE SECURITY INSTRUMENT, ITS SUCCESSORS AND ASSIGNS., as Beneficiary, dated 7/27/2015, recorded 7/28/2015, as Instrument No. 201511689, in the Official Records of Yamhill County, Oregon, and later modified by a loan modification agreement recorded as Instrument 201803827 on 03/19/2018 which covers the following described real property situated in Yamhill County, Oregon: PARCEL I: THE WEST 83 FEET OF THE FOLLOWING DESCRIBED PROPERTY: ALL THAT PORTION OF THE SOUTH HALF OF LOT 16 OF COTTAGE ADDITION TO THE CITY OF MCMINNVILLE IN YAMHILL COUNTY, OREGON, LYING SOUTH OF 10TH STREET. EXCEPTING THEREFROM THE WEST 120 FEET THEREOF SOLD TO LOUIS A. CARPENTER, ET UX, BY DEED RECORDED AUGUST 17, 1950 IN BOOK 158, PAGE 428, DEED RECORDS. PARCEL II: A TRACT OF LAND SITUATED IN THE NORTHEAST QUARTER OF SECTION 21, TOWNSHIP 4 SOUTH, RANGE 4 WEST OF THE WILLAMETTE MERIDIAN IN YAMHILL COUNTY, OREGON, AND BEING A PORTION OF THE SOUTH HALF OF LOT 16, COTTAGE ADDITION TO THE CITY OF MCMINNVILLE, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF A TRACT OF LAND CONVEYED TO CHESTER MARKLEY JR. AND LOUISE MARKLEY BY DEED RECORDED JANUARY 4, 1980 IN FILM VOLUME 142, PAGE 461, YAMHILL COUNTY DEED RECORDS; THENCE SOUTH ALONG THE EAST LINE OF SAID MARKLEY TRACT TO THE SOUTHEAST CORNER THEREOF; THENCE EAST ALONG THE SOUTH LINE OF SAID LOT 16, COTTAGE ADDITION, 7 FEET TO A POINT; THENCE NORTH PARALLEL TO THE EAST LINE OF SAID MARKLEY TRACT TO A POINT ON THE SOUTH LINE OF 10TH STREET; THENCE WEST ALONG THE SOUTH LINE OF 10TH STREET, 7 FEET TO THE POINT OF BEGINNING. PARCEL III: A TRACT OF LAND SITUATED IN THE NORTHEAST QUARTER OF SECTION 21, TOWNSHIP 4 SOUTH, RANGE 4 WEST OF THE WILLAMETTE MERIDIAN IN YAMHILL COUNTY, OREGON, AND BEING A PORTION OF THE SOUTH HALF OF LOT 16, COTTAGE ADDITION TO THE CITY OF MCMINNVILLE, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF A TRACT OF LAND CONVEYED TO CHESTER MARKLEY, JR AND LOUISE MARKLEY BY DEED RECORDED OCTOBER 30, 1979 IN FILM VOLUME 145, PAGE 897; THENCE SOUTH ALONG THE EAST LINE OF SAID MARKLEY TRACT TO THE SOUTHEAST CORNER THEREOF; THENCE EAST ALONG THE SOUTH LINE OF SAID LOT 16, COTTAGE ADDITION TO THE CITY OF MCMINNVILLE, 3 FEET TO A POINT; THENCE NORTH PARALLEL TO SAID MARKLEY TRACT TO A POINT ON THE SOUTH LINE OF 10TH STREET; THENCE WEST ALONG THE SOUTH LINE OF 10TH STREET, 3 FEET TO THE POINT OF BEGINNING. APN: 367953 // R4421AB 03401 Commonly known as: 1542 NE 10TH AVE MCMINNVILLE, OR 97128 The current beneficiary is: EAGLE HOME MORTGAGE, LLC FORMERLY KNOWN AS UNIVERSAL AMERICAN MORTGAGE COMPANY, LLC 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: 12/01/17 thru 05/01/18 6 $1,318.55 $7,911.30 Late Charges: $158.22 Beneficiary Advances: $28.00 Total Required to Reinstate: $8,097.52 TOTAL REQUIRED TO PAYOFF: $199,228.60 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 $194,662.06 together with interest thereon at the rate of 4.25 % per annum, from 11/1/2017 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 9/13/2018, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE 5TH STREET ENTRANCE TO THE YAMHILL COUNTY COURTHOUSE, 535 E 5TH ST, MCMINNVILLE, OR 97128, 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: 5/1/2018 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036 Shella Domilos, Authorized Signatory of Trustee. Published May 23, 30, June 6 & 13, 2018. NG46725

ad: 46725

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2018/05/23

End Date: 2018/06/13

Court Number: 069926-OR

City: SANTA ANA

County: Yamhill