Trustee’s Notice of Sale

TRUSTEE’S NOTICE OF SALE The Trustee under the terms of the Trust Deed described herein, at the direction of the Beneficiary, hereby elects to sell the property described in the Trust Deed to satisfy the obligations secured thereby. Pursuant to ORS 86.771, the following information is provided: 1. PARTIES: Grantor: ADRIEN M. LADUM AND ALICIA J. RAHN Trustee: FIRST AMERICAN TITLE INSURANCE COMPANY OF OREGON Successor Trustee: NANCY K. CARY Beneficiary: UMPQUA BANK 2. DESCRIPTION OF PROPERTY: Real property in the County of Multnomah, State of Oregon, described as follows: That portion of Lot 23, LAMARGENT PARK NO. 2, in the City of Portland, Multnomah County, State of Oregon described as follows: Beginning at the Northeast corner of Lot 23; thence Westerly along the North boundary of said Lot 23, a distance of 198 feet to the true point of beginning; thence continuing Westerly along the North boundary of said Lot 23, a distance of 75 feet; thence Southerly parallel to the East boundary of said Lot 23, a distance of 160 feet; thence Easterly parallel to the North line of said Lot 23, a distance of 75 feet to a point, a distance of 198 feet West of the East line of said Lot 23; thence Northerly parallel to the East line of Lot 23, a distance of 160 feet to the North line of said Lot 23 and the true point of beginning. EXCEPTING THEREFROM that portion lying with SE Claybourne Street. ALSO TOGETHER WITH that portion described as follows: Beginning at the Northeast corner of said Lot 23; thence Westerly along the North boundary of said Lot 23, a distance of 198 feet; thence continuing Westerly along the North boundary of said Lot 23, a distance of 75 feet; thence Southerly parallel to the East boundary of said Lot 23, a distance of 160 feet of the true point of beginning; thence Easterly parallel to the North line of said Lot 23, a distance of 75 feet to a point, a distance of 198 feet West of the East line of said Lot 23; thence Southerly parallel to the East line of said Lot 23, a distance of 5 feet; thence West along a line parallel to the North line of said Lot 23, a distance of 75 feet; thence North along a line parallel to the East line of said Lot 23, a distance of 5 feet to the true point of beginning. 3. RECORDING. The Trust Deed was recorded as follows: Date Recorded: January 10, 2012 Recording No. 2012-002963 Official Records of Multnomah County, Oregon 4. DEFAULT. The Grantor or any other person obligated on the Trust Deed and Promissory Note secured thereby is in default and the Beneficiary seeks to foreclose the Trust Deed for failure to pay: Monthly payments in the amount of $2,129.70 each, due the first of each month, for the months of December 2016 through June 2017; plus late charges and advances; plus any unpaid real property taxes or liens, plus interest. 5. AMOUNT DUE. The amount due on the Note which is secured by the Trust Deed referred to herein is: Principal balance in the amount of $274,783.64; plus interest at the rate of 4.375% per annum from November 1, 2016; plus late charges of $1,229.71; plus advances and foreclosure attorney fees and costs. 6. SALE OF PROPERTY. The Trustee hereby states that the property will be sold to satisfy the obligations secured by the Trust Deed. A Trustee’s Notice of Default and Election to Sell Under Terms of Trust Deed has been recorded in the Official Records of Multnomah County, Oregon. 7. TIME OF SALE. Date: November 30, 2017 Time: 11:00 a.m. Place: Multnomah County Courthouse, 1021 SW 4th, Portland, Oregon 8. RIGHT TO REINSTATE. Any person named in ORS 86.778 has the right, at any time that is not later than five days before the Trustee conducts the sale, to have this foreclosure dismissed and the Trust Deed reinstated by payment to the Beneficiary of the entire amount then due, other than such portion of the principal as would not then be due had no default occurred, by curing any other default that is capable of being cured by tendering the performance required under the obligation or Trust Deed and by paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed, together with the trustee’s and attorney’s fees not exceeding the amount provided in ORS 86.778. ___________________________________________________________ NOTICE REGARDING POTENTIAL HAZARDS (This notice is required for notices of sale sent on or after January 1, 2015.) 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. ___________________________________________________________ You may reach the Oregon State Bar’s Lawyer Referral Service at 503-684-3763 or toll-free in Oregon at 800-452-7636 or you may visit its website at: www.osbar.org. Legal assistance may be available if you have a low income and meet federal poverty guidelines. For more information and a directory of legal aid programs, go to http://www.oregonlawhelp.org. Any questions regarding this matter should be directed to Lisa Summers, Paralegal, (541) 686-0344 (TS #30057.30593). DATED: June 27, 2017. Nancy K. Cary, Successor Trustee, Hershner Hunter, LLP, P.O. Box 1475, Eugene, OR 97440. Published Sep. 15, 22, 29 & Oct. 6, 2017. OL15917558

ad: 15917558

Publication: Non-Judicial (Trustee Sales)

Section: Real Estate

Start Date: 09/15/2017

End Date: 10/06/2017

Court Number: 30057.30593

Owner: Hershner Hunter LLP

County: Multnomah County

Full Description: UMPQUA BANK 2. DESCRIPTION OF PROPERTY: Real property in the County of Multnomah, State of Oregon, described as follows: That portion of Lot 23, LAMARGENT PARK NO. 2, in the City of Portland, Multnomah County, State of Oregon described as follows: Beginning at the Northeast corner of Lot 23; thence Westerly along the North boundary of said Lot 23, a distance of 198 feet to the true point of beginning; thence continuing Westerly along the North boundary of said Lot 23, a distance of 75 feet; thence Southerly parallel to the East boundary of said Lot 23, a distance of 160 feet; thence Easterly parallel to the North line of said Lot 23, a distance of 75 feet to a point, a distance of 198 feet West of the East line of said Lot 23; thence Northerly parallel to the East line of Lot 23, a distance of 160 feet to the North line of said Lot 23 and the true point of beginning. EXCEPTING THEREFROM that portion lying with SE Claybourne Street. ALSO TOGETHER WITH that portion described as follows: Beginning at the Northeast corner of said Lot 23; thence Westerly along the North boundary of said Lot 23, a distance of 198 feet; thence continuing Westerly along the North boundary of said Lot 23, a distance of 75 feet; thence Southerly parallel to the East boundary of said Lot 23, a distance of 160 feet of the true point of beginning; thence Easterly parallel to the North line of said Lot 23, a distance of 75 feet to a point, a distance of 198 feet West of the East line of said Lot 23; thence Southerly parallel to the East line of said Lot 23, a distance of 5 feet; thence West along a line parallel to the North line of said Lot 23, a distance of 75 feet; thence North along a line parallel to the East line of said Lot 23, a distance of 5 feet to the true point of beginning.