Trustee’s Notice of Sale

TRUSTEE’S NOTICE OF SALE TS No. OR01000002-16 APN R90678 083W17AD12700 TO No 8666787 Reference is made to that certain Trust Deed made by, LYLE W FOLEY AND FRANCINE D FOLEY, HUSBAND AND WIFE AS TENANTS BY THE ENTIRETY as Grantor to AMERITITLE as Trustee, in favor of LONG BEACH MORTGAGE COMPANY as Beneficiary dated as of May 30, 2006 and recorded on May 31, 2006 as Instrument No. 168625 in Book 2655, on Page 193 and the beneficial interest was assigned to PARK TREE INVESTMENTS 12, LLC and recorded August 11, 2015 as Instrument Number 2015 00034621 in Book 3731, on Page 350 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R90678 083W17AD12700 LOT 6, BLOCK 5, SKYLINE VILLAGE-PHASE I, IN THE CITY OF SALEM, COUNTY OF MARION AND STATE OF OREGON. Commonly known as: 2034 ELMWOOD DRIVE S, SALEM, OR 97306 Both the Beneficiary, PARK TREE INVESTMENTS 12, LLC, 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: THE INSTALLMENT OF PRINCIPAL AND INTEREST WHICH BECAME DUE ON July 1, 2015 AND ALL SUBSEQUENT INSTALLMENTS, ALONG WITH LATE CHARGES, PLUS FORECLOSURE COSTS AND LEGAL FEES, IN ADDITION TO ALL OF THE TERMS AND CONDITIONS AS PER THE DEED OF TRUST, PROMISSORY NOTE AND ALL RELATED LOAN DOCUMENTS. Monthly Payment $345.85 Monthly Late Charge $17.29 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 $33,952.88 together with interest thereon at the rate of 10.80000% per annum from June 1, 2015 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 February 6, 2017 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, High Street entrance of the Marion County Courthouse, 100 High St NE, Salem, OR 97301 County of Marion, 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: September 20, 2016 Nathan F. Smith, Esq., OSB #120112 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 (844) 706-4182 SALE INFORMATION CAN BE OBTAINED ON LINE AT FOR AUTOMATED SALES INFORMATION PLEASE CALL: In Source Logic at 702-659-7766ISL Number 18586, Pub Dates: 10/12/2016, 10/19/2016, 10/26/2016, 11/02/2016, WOODBURN INDEPENDENT. Published Oct. 12, 19, 26 & Nov. 2, 2016. WI15863524

ad: 15863524

Publication: Non-Judicial (Trustee Sales)

Section: Real Estate

Start Date: 10/12/2016

End Date: 11/02/2016

Court Number: TS No. OR01000002-16

Owner: In Source Logic


County: MARION