TRUSTEE’S NOTICE OF SALE TS No. OR07000062-13-2 APN R314941 TO No 8704034 Reference is made to that certain Trust Deed made by, LYLE O. ZIMMERMAN as Grantor to FIDELITY NATIONAL TITLE INSURANCE CO. as Trustee, in favor of COUNTRYWIDE BANK, FSB as Beneficiary dated as of April 11, 2008 and recorded on April 18, 2008 as Instrument No. 2008-059102 and the beneficial interest was assigned to Reverse Mortgage Solutions, Inc. and recorded May 16, 2012 as Instrument Number 2012-059314 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R314941 A TRACT OF LAND IN THE SOUTHWEST QUARTER OF SECTION 10, TOWNSHIP 1 NORTH, RANGE 1 EAST, OF THE WILLAMETTE MERIDIAN, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH AND STATE OF OREGON, DESCRIBED AS FOLLOWS: BEGINNING AT A PIPE IN THE SOUTH LINE OF N. TERRY STREET, 347 FEET EAST OF THE EAST LINE OF N. INTERSTATE AVENUE; THENCE SOUTH, PARALLEL WITH THE EAST LINE OF N. INTERSTATE AVENUE, 108 FEET TO A POINT; THENCE EAST, PARALLEL WITH THE SOUTH LINE OF W. TERRY STREET 53 FEET TO A POINT IN THE WEST LINE OF THE PROPOSED WIDENING OF N. MONTANA AVENUE; THENCE NORTH, ALONG THE WEST LINE OF PROPOSED WIDENING OF N. MONTANA AVENUE, 100 FEET TO A POINT IN THE SOUTH LINE OF M. TERRY STREET; THENCE WEST, ALONG THE SOUTH LINE OF N. TERRY STREET, 53 FEET TO THE PLACE OF BEGINNING. Commonly known as: 7725 N MONTANA AVE, PORTLAND, OR 97217 Both the Beneficiary, Reverse Mortgage Solutions, Inc., and the Trustee, Nathan F. Smith, Esq., OSB #120112, 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 the principal balance which became all due and payable based upon the death of all mortgagors, pursuant to paragraph 7 under the Note, and pursuant to paragraph 9 of the Deed of Trust. 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 $254,312.41 together with interest thereon from November 9, 2009 until paid; 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 February 16, 2018 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, in the vestibule, immediately inside the Fourth Avenue entrance to the Multnomah County Courthouse, 1021 SW Fourth Ave, Portland, OR 97204 County of Multnomah, 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. 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 said Trust Deed, the words Trustee and Beneficiary includes their respective successors in interest, if any. Dated: 10/02/2017 By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o TRUSTEE CORPS 17100 Gillette Ave, Irvine, CA 92614 949-252-8300 FOR SALE INFORMATION PLEASE CALL: In Source Logic at 702-659-7766 Website for Trustee’s Sale Information: www.insourcelogic.comISL Number 34644, Pub Dates: 11/14/2017, 11/21/2017, 11/28/2017, 12/05/2017, THE OUTLOOK. Published Nov. 14, 21, 28 & Dec. 5, 2017. OL15921254

ad: 11120

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2017/11/14

End Date: 2017/12/05

Court Number: TS No. OR07000062-13-2


County: Multnomah