The trust deed to be foreclosed pursuant to Oregon law is referred to as follows (the “Trust Deed”):
Grantor: JON E. LEWIS
Beneficiary: ALAN D. CHRISTIE
Date: August 15, 2012
Recording Date: August 16, 2012
Recording Reference: 2012-101482
County of Recording: Multnomah
The Trust Deed was modified by that Modification of Trust Deed and Promissory Note recorded on March 19, 2014, as recording number 2014-024982, Multnomah County, Official Records.
The Trust Deed covers the following described real property in the County of Multnomah and State of Oregon, (“the Property”):
Parcel 2, PARTITION PLAT NO. 1996-189, in the City of Portland, County Multnomah and State of Oregon.
The Grantor or other person owing the debt has defaulted as provided under the Trust Deed, and both the Beneficiary and the Trustee have elected to foreclose the Trust Deed and sell the Property to satisfy the obligations secured by the Trust Deed.
The default for which foreclosure is permitted is the Grantor’s failure to pay when due the following sums:
Monthly installments of $450 due November 1, 2015, and continuing through the installment due January 1, 2016 plus failure to pay 2015-16 real property taxes when due.
By reason of the default, the Beneficiary has declared all sums owing on the obligation secured by the Trust Deed immediately due and payable as follows:
$41,357.03 together with interest thereon at the default rate of 18 percent per annum from January 10, 2016, compounded monthly, until paid, late charges of $22.50 per month for every payment not paid by the 10th of each month, together with Trustee’s fees, attorney’s fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the Trust Deed, less reserves and credits, if any.
The Trustee will on June 2, 2016, at the hour of 11:00 o’clock, A.M., at the Main Entrance of the Multnomah County Courthouse, 1021 SW 4th Avenue, in the City of Portland, County of Multnomah, State of Oregon, sell at public auction to the highest bidder for cash the interest in the Property which the Grantor had or had power to convey at the time of the execution by Grantor of the Trust Deed, together with any interest which the Grantor acquired after the execution of the Trust Deed, to satisfy the obligations hereby secured and the costs, attorney fees and expenses of sale, including a reasonable charge by the Trustee.
The right exists for any person named under ORS 86.778, at any time that is not later than five days before the date last set for the sale, to have this foreclosure proceeding dismissed and the Trust Deed reinstated by doing all of the following:
1. Paying the Beneficiary the entire amount then due (other than such portion of the principal as would not then be due had no default occurred);
2. Curing any other default complained of herein that is capable of being cured by tendering the performance required under the debt or Trust Deed; and
3. Paying all costs and expenses actually incurred in enforcing the debt and Trust Deed, together with Trustee’s and attorney fees not exceeding the amounts provided by ORS 86.778.
In construing this notice, the masculine gender includes the feminine and the neuter, 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: January 25, 2016.
/s/ Gary L. Blacklidge
Successor Trustee
1515 SW 5th Ave., Suite 600
Portland, OR 97201
Telephone: (503) 295-2668
Facsimile: (503) 224-8434
Published Apr. 12, 19, 26 & May 3, 2016.