TRUSTEE’S NOTICE OF SALE
TS No.: 040138-OR Loan No.: ******2374 Reference is made to that certain trust deed (the “Deed of Trust”) executed by CYNTHIA EILLEEN WITCRAFT, SINGLE WOMAN, as Grantor, to FIRST AMERICAN TITLE COMPANY OF OREGON, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., SOLELY AS NOMINEE FOR BANK OF ENGLAND, ITS SUCCESSORS AND ASSIGNS, as Beneficiary, dated 10/23/2014, recorded 10/24/2014, as Instrument No. 201413464, in the Official Records of Yamhill County, Oregon, which covers the following described real property situated in Yamhill County, Oregon: LOT 104, ORCHARD LAIR PHASE 2, IN THE CITY OF NEWBERG, YAMHILL COUNTY, OREGON. APN: R3220AC 12000 // 540256 Commonly known as: 532 DONNA DRIVE NEWBERG, OR 97132 The current beneficiary is: PLAZA HOME MORTGAGE INC. 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:
Dates: No. Amount Total:
10/01/15 thru 01/01/16 4 $1,485.30 $5,941.20
02/01/16 thru 04/01/16 3 $1,502.42 $4,507.26
Late Charges: $431.42
Beneficiary Advances: $1,175.50
Foreclosure Fees and Expenses: $66.47
Total Required to Reinstate: $12,121.85
TOTAL REQUIRED TO PAYOFF: $206,839.46
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 $196,532.68 together with interest thereon at the rate of 4.25 % per annum, from 9/1/2015 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 9/13/2016, 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: 4/29/2016 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036.
Published May 18, 25, June 1 & 8, 2016.