TRUSTEE’S NOTICE OF SALE TS No. OR08000077-15-1 APN R292725/1N1E08DA 04000 TO No 8550690 Reference is made to that certain Trust Deed made by, ACHOLAM J HANIF as Grantor to FIDELITY NATIONAL TITLE INSURANCE COMPANY as Trustee, in favor of dated as of August 3, 2005 and recorded on August 16, 2005 as Instrument No. 2005-154259 and the beneficial interest was assigned to The Bank of New York Mellon FKA The Bank of New York as Trustee for the Certificateholders CWABS, Inc. Asset-Backed Certificates, Series 2005-16 and recorded April 29, 2016 as Instrument Number 2016-052261 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R292725/1N1E08DA 04000 LOTS 5 AND 6 AND THE NORTH 10 FEET OF LOT 7, BLOCK 153, UNIVERSITY PARK, IN THE CITY OF PORTLAND, MULTNOMAH COUNTY, OREGON. Commonly known as: 8025 N FOWLER AVE, PORTLAND, OR 97217-7225 Both the Beneficiary, The Bank of New York Mellon FKA The Bank of New York as Trustee for the Certificateholders CWABS, Inc. Asset-Backed Certificates, Series 2005-16, 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 payments which became due Monthly Payment(s): 20 Monthly Payment(s) from 10/01/2010 to 05/01/2012 at $905.27 38 Monthly Payment(s) from 06/01/2012 to 07/01/2015 at $872.14 3 Monthly Payment(s) from 08/01/2015 to 10/01/2015 at $955.47 2 Monthly Payment(s) from 11/01/2015 to 12/01/2015 at $956.97 1 Monthly Payment(s) from 01/01/2016 to 01/01/2016 at $1,083.85 1 Monthly Payment(s) from 02/01/2016 to 02/01/2016 at $1,085.35 1 Monthly Payment(s) from 03/01/2016 to 03/01/2016 at $1,086.85 1 Monthly Payment(s) from 04/01/2016 to 04/01/2016 at $1,088.35 1 Monthly Payment(s) from 05/01/2016 to 05/01/2016 at $1,165.51 1 Monthly Payment(s) from 06/01/2016 to 06/01/2016 at $1,326.03 Monthly Late Charge(s): 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 $112,883.63 together with interest thereon at the rate of 5.87500% per annum from September 1, 2010 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 October 26, 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: June 21, 2016 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. OR16-000235-1, Pub Dates 09/06/2016, 09/13/2016, 09/20/2016, 09/27/2016. Published Sep. 6, 13, 20 & 27, 2016. OL15857733
Publication: Non-Judicial (Trustee Sales)
Section: Real Estate
Start Date: 09/06/2016
End Date: 09/27/2016
Court Number: TS No. OR08000077-15-1
Owner: In Source Logic
Full Description: APN: R292725/1N1E08DA 04000 LOTS 5 AND 6 AND THE NORTH 10 FEET OF LOT 7, BLOCK 153, UNIVERSITY PARK, IN THE CITY OF PORTLAND, MULTNOMAH COUNTY, OREGON.