Trustee’s Notice of Sale

TRUSTEE’S NOTICE OF SALE Reference is made to that certain Deed of Trust made by H39 PROPERTY INVESTMENT CORPORATION, an Oregon Corporation, as Grantor, to LAWYERS TITLE INSURANCE CORPORATION, a title insurance company, as Trustee, in favor of FAIRWAY AMERICA, LLC, an Oregon limited liability company, as Beneficiary, March 18, 2008, recorded March 24, 2008 in the Real Property Records of Multnomah County, Oregon as Instrument No. 2008-044102 (Trust Deed), covering the following described real property situated in the above mentioned County and State: A tract of land in Section 1, Township 1 South, Range 1 East of the Willamette Meridian, in the City of Portland, County of Multnomah and State of Oregon, more particularly described as follows: Beginning at the South line of SE Hawthorne Boulevard, 160 feet West of the Northwest corner of BOWNE’S ADDITION; thence West 50 feet; thence South at right angles to the South line of SE Hawthorne Boulevard, 120 feet; thence East parallel with the South line of SE Hawthorne Boulevard, 50 feet; thence North 120 feet to the point of beginning. Commonly known as: 3950 SE Hawthorne Boulevard, Portland, OR 97214 APN: R326472 (the Property) On September 3, 2008, the original Beneficiary assigned their beneficial interest in the Trust Deed to Wells Fargo Foothill, LLC, by Instrument No. 2008-126680. On March 2, 2012 the beneficial interest in the Trust Deed was assigned back to the original Beneficiary by Instrument No. 2012-024399, and subsequently the beneficial interest in the Trust Deed was assigned to NATIONAL LOAN ACQUISITIONS COMPANY, an Oregon corporation, the Current Beneficiary, by assignment recorded as Instrument No. 2012-024400 in the Real Property Records of said County and State. The Current Beneficiary and the Successor Trustee have elected to foreclose the Trust Deed by advertisement and sale to satisfy the obligations that the Trust Deed secures and a Notice of Default has been recorded pursuant to Oregon Revised Statutes 86.752. The defaults for which the foreclosure is made are: Unpaid monthly payments in the total amount of $16,000.00 from December 1, 2016 to March 1, 2017 and default interest as of March 3, 2017 in the amount of $5,760.64, with interest continuing to accrue at the default rate of twenty and a half percent (20.5%) per annum, from December 1, 2016 until paid; late charges in the total amount of $800.00; accrued and unpaid modification and extension fee in the amount of $100.00; and unpaid property taxes in the amount of $3,347.60 plus interest. Based upon the default, the beneficiary has declared all sums owing on the obligation that the Trust Deed secures immediately due and payable, those sums being the following: Principal and interest in the amount of $371,205.15, and default interest as of March 3, 2017 in the amount of $5,760.64, with interest continuing to accrue at the default rate of twenty and a half (20.5%) per annum, from December 1, 2016 until paid; late charges in the total amount of $800.00 and accrued and unpaid modification and extension fee in the amount of $100.00, with per diem of $200.06; continuing to accrue attorney’s fees, trustee’s fees, together with any other sums due or that may become due under the loan or by reason of this foreclosure and any further advances made by the Current Beneficiary as allowed by the loan and Trust Deed. WHEREFORE, the undersigned Trustee will on Tuesday, July 25, 2017, at 1:00 P.M., in accord with the standard of time established by ORS 187.110, at the Front Steps of the Multnomah County Courthouse located at 1021 SW 4th Ave, Portland, OR 97204, sell at public auction to the highest bidder for cash the interest in the Property which the grantor has to satisfy the obligations secured by the Trust Deed and the expenses of sale, including the compensation of the Trustee and the Trustee’s attorneys. The grantor, the grantor’s successor in interest to all or any part of the Property, any beneficiary under a subordinate trust deed, or any person having a subordinate lien or encumbrance of record on the Property, have the right under ORS 86.778 to have this foreclosure proceeding dismissed and the Trust Deed reinstated by (1) payment of the entire amount then due, other than that portion that would not then be due had no default occurred, together with all costs and expenses actually incurred in enforcing the obligation and Trust Deed, including Trustee’s fees and attorney fees as allowed by ORS 86.729; with payment to be made at any time that is not later than five days before the date last set for the sale, and (2) by curing any other default described herein. 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 the Trust Deed , and the words Trustee and beneficiary include their respective successors in interest, if any. DATED: March 7, 2017 /s/ DON G. CARTER, Successor Trustee 1100 SW Sixth Avenue, Suite 1600 Portland, OR 97204 Published May 5, 12, 19 & 26, 2017. OL15896857

ad: 15896857

Publication: Non-Judicial (Trustee Sales)

Section: Real Estate

Start Date: 05/05/2017

End Date: 05/26/2017

Court Number: 05037-39

Owner: McEwen Gisvold LLP

City: Portland

County: Multnomah

Full Description: A tract of land in Section 1, Township 1 South, Range 1 East of the Willamette Meridian, in the City of Portland, County of Multnomah and State of Oregon, more particularly described as follows: Beginning at the South line of SE Hawthorne Boulevard, 160 feet West of the Northwest corner of BOWNE'S ADDITION; thence West 50 feet; thence South at right angles to the South line of SE Hawthorne Boulevard, 120 feet; thence East parallel with the South line of SE Hawthorne Boulevard, 50 feet; thence North 120 feet to the point of beginning.