Trustee’s Notice of Sale

TRUSTEE’S NOTICE OF SALE TS No. OR07000188-16-1 APN R45158 / 063W36CB07500 TO No 160238459-OR-MSI Reference is made to that certain Trust Deed made by, IAN M SMITH as Grantor to WFG NATIONAL TITLE as Trustee, in favor of dated as of April 16, 2015 and recorded on April 20, 2015 as Instrument No. 2015 00014506 in Book 3691, on Page 235 and the beneficial interest was assigned to PennyMac Loan Services, LLC and recorded August 15, 2016 as Instrument Number 00039111 in Book 3850, on Page 193 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R45158 / 063W36CB07500 LOT 13, CHEMAWA PARK, IN THE CITY OF KEIZER, MARION COUNTY AND STATE OF OREGON (PLAT VOLUME 28, PAGE 24) Commonly known as: 5455 CHETCO CT NE, KEIZER, OR 97303 Both the Beneficiary, PennyMac Loan Services, 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: Failed to pay payments which became due Monthly Payment(s): 4 Monthly Payment(s) from 02/01/2016 to 05/01/2016 at $1,379.65 1 Monthly Payment(s) from 06/01/2016 to 06/30/2016 at $1,401.53 2 Monthly Payment(s) from 07/01/2016 to 08/01/2016 at $1,400.66 Monthly Late Charge(s): 221.52 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 $193,938.43 together with interest thereon at the rate of 3.87500% per annum from January 1, 2016 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 January 4, 2017 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, Front Entrance, Marion County Courthouse, 100 High Street N.E., 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: August 17, 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: at 800.280.2832 Website for Trustee’s Sale Information: www.Auction.comISL Number 16436, Pub Dates: 10/26/2016, 11/02/2016, 11/09/2016, 11/16/2016, WOODBURN INDEPENDENT. Published Oct. 26, Nov. 2, 9 & 16, 2016. WI15857544

ad: 15857544

Publication: Non-Judicial (Trustee Sales)

Section: Real Estate

Start Date: 10/26/2016

End Date: 11/16/2016

Court Number: TS No. OR07000188-16-1

Owner: In Source Logic


County: MARION