TRUSTEE’S NOTICE OF SALE TS No. OR01000005-16 APN R239658 TO No 8640366 Reference is made to that certain Trust Deed made by, KENNETH W. HICK, A MARRIED MAN as Grantor to FIRST AMERICAN TITLE INSURANCE as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), as designated nominee for ALLIANCE BANCORP, A CALIFORNIA CORPORATION, Beneficiary of the security instrument, its successors and assigns, dated as of May 26, 2005 and recorded on June 3, 2005 as Instrument No. 2005-101037 and the beneficial interest was assigned to Partners for Payment Relief DE IV, LLC and recorded October 15, 2015 as Instrument Number 2015-132424 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R239658 PARCEL 2, ACCORDING TO PARTITION PLAT NO. 1997-98, IN THE CITY OF PORTLAND, RECORDS OF THE COUNTY OF MULTNOMAH AND STATE OF OREGON. Commonly known as: 13105 SOUTHEAST RAYMOND STREET, PORTLAND, OR 97236 Both the Beneficiary, Partners for Payment Relief DE IV, 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 September 1, 2012 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 $100.62 Monthly Late Charge $5.03 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 $16,372.46 together with interest thereon at the rate of 5.00000% per annum from August 1, 2012 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 June 14, 2017 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: January 26, 2017 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 www.insourcelogic.com FOR AUTOMATED SALES INFORMATION PLEASE CALL: In Source Logic at 702-659-7766ISL Number 27652, Pub Dates: 02/07/2017, 02/14/2017, 02/21/2017, 02/28/2017, THE OUTLOOK. Published Feb. 7, 14, 21 & 28, 2017. OL15883324
Publication: Non-Judicial (Trustee Sales)
Section: Real Estate
Start Date: 02/07/2017
End Date: 02/28/2017
Court Number: TS No. OR01000005-16
Owner: In Source Logic
Full Description: APN: R239658 PARCEL 2, ACCORDING TO PARTITION PLAT NO. 1997-98, IN THE CITY OF PORTLAND, RECORDS OF THE COUNTY OF MULTNOMAH AND STATE OF OREGON.