TRUSTEE’S NOTICE OF SALE
TS No. OR05000104-15-1 APN R224843/ 1S2E10AD 12100 TO No 8563044 Reference is made to that certain Trust Deed made by, JOHN REEDY AND LONNIE REEDY, AS TENANTS BY THE ENTIRETY as Grantor to FIRST AMERICAN TITLE INSURANCE COMPANY OF OREGON as Trustee, in favor of PARAMOUNT EQUITY MORTGAGE, INC, A CALIFORNIA CORPORATION as Beneficiary dated as of June 15, 2006 and recorded on June 22, 2006 as Instrument No. 2006-115115 and that said Deed of Trust was modified by Modification Agreement and recorded April 6, 2009 as Instrument Number 2009-045363 and the beneficial interest was assigned to GREEN TREE SERVICING LLC and recorded August 25, 2008 as Instrument Number 2008-122904 and recorded April 6, 2009 as Instrument Number 2009-045363 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R224843/ 1S2E10AD 12100 LOT 8, NEELS TRACT NO. 2, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH, STATE OF OREGON. Commonly known as: 11721 SE POWELL BLVD, PORTLAND, OR 97266-1633 Both the Beneficiary, Ditech Financial LLC formerly known as Green Tree Servicing LLC, and the Trustee 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 payments which became due Monthly Payment(s): 9 Monthly Payment(s) from 10/01/2012 to 06/01/2013 at $1,635.16 1 Monthly Payment(s) from 07/01/2013 to 07/01/2013 at $1,827.72 4 Monthly Payment(s) from 08/01/2013 to 11/01/2013 at $1,746.42 1 Monthly Payment(s) from 12/01/2013 to 12/01/2013 at $1,746.52 1 Monthly Payment(s) from 01/01/2014 to 01/01/2014 at $1,635.16 1 Monthly Payment(s) from 02/01/2014 to 02/01/2014 at $1,944.83 7 Monthly Payment(s) from 03/01/2014 to 09/01/2014 at $1,946.43 1 Monthly Payment(s) from 10/01/2014 to 10/01/2014 at $2,020.09 2 Monthly Payment(s) from 11/01/2014 to 12/01/2014 at $1,636.76 5 Monthly Payment(s) from 01/01/2015 to 05/01/2015 at $1,879.46 Monthly Late Charge(s): 1 Monthly Late Charge(s) at $0.00 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 $318,537.32 together with interest thereon at the rate of 8.25000% per annum from September 1, 2012 until paid; plus all accrued late charges thereon; 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 April 29, 2016 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: December 17, 2015 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.com. Order No. OR15-000188-1, Pub Dates 01/01/2016, 01/08/2016, 01/15/2016, 01/22/2016.
Published Jan. 1, 8, 15 & 22, 2016.