TRUSTEE’S NOTICE OF SALE TS No. OR05000057-17-1 APN R94713 TO No 97108521 Reference is made to that certain Trust Deed made by, WILLIAM PHILLIPS AND SREY M. PHILLIPS as Grantor to AMERI – TITLE as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), as designated nominee for PINNACLE CAPITAL MORTGAGE CORPORATION, Beneficiary of the security instrument, its successors and assigns, dated as of August 29, 2012 and recorded on September 5, 2012 as Instrument No. 2012 34029688 in Book 3421, on Page 207 and the beneficial interest was assigned to Podium Mortgage Capital LLC and recorded September 12, 2017 as Instrument Number 2017-00047224 in Book 3991, on Page 157 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R94713 LOT 19, BLOCK 1, TIERRA JUNIPERO, IN THE CITY OF SALEM, MARION COUNTY, OREGON. (PLAT VOLUME 35, PAGE 43) Commonly known as: 4747 SAN RAFAEL COURT NE, SALEM, OR 97305 Both the Beneficiary, Podium Mortgage Capital 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): 9 Monthly Payment(s) from 10/01/2016 to 06/01/2017 at $1,147.47 9 Monthly Payment(s) from 07/01/2017 to 03/01/2018 at $1,152.34 Monthly Late Charge(s): 1 Monthly Late Charge(s) 03/22/2018 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 $190,010.79 together with interest thereon at the rate of 4.50000% per annum from September 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 July 31, 2018 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: 03/22/2018 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.comISL Number 38679, Pub Dates: 05/02/2018, 05/09/2018, 05/16/2018, 05/23/2018, WOODBURN INDEPENDENT. Published May 2, 9, 16 & 23, 2018. WI40281

ad: 40281

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2018/05/02

End Date: 2018/05/23

Court Number: OR05000057-17-1


County: Marion