TRUSTEE’S NOTICE OF SALE TS No. OR07000120-18-1 APN R65119 TO No 180288299-OR-MSI Reference is made to that certain Trust Deed made by, ROLAND J. WELBURN, MARRIED MAN as Grantor to CHICAGO TITLE INSURANCE COMPANY as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), as designated nominee for PENNYMAC LOAN SERVICES, LLC, Beneficiary of the security instrument, its successors and assigns, dated as of June 19, 2014 and recorded on July 7, 2014 as Instrument No. 2014 00022558 in Book 3618, on Page 64 and the beneficial interest was assigned to PennyMac Loan Services, LLC and recorded July 6, 2018 as Instrument Number 2018 00032933 in Book 4097, on Page 202 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R65119 LOT 12, BLOCK 3, ALMEDA PARK ADDITION, IN THE CITY OF SALEM, MARION COUNTY, STATE OF OREGON Commonly known as: 4744 NINA AVE SE, SALEM, OR 97302 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 10/01/2015 to 01/01/2016 at $1,209.65 12 Monthly Payment(s) from 02/01/2016 to 01/01/2017 at $1,212.03 12 Monthly Payment(s) from 02/01/2017 to 01/01/2018 at $1,196.80 7 Monthly Payment(s) from 02/01/2018 to 08/01/2018 at $1,219.72 Monthly Late Charge(s): 08/15/2018 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 $168,130.96 together with interest thereon at the rate of 4.37500% per annum from September 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 December 18, 2018 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, At the front entrance of the 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: 08/15/2018 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: ServiceLink Auction at 1-866-539-4173 Website for Trustee’s Sale Information: servicelinkauction.comISL Number 47330, Pub Dates: 09/26/2018, 10/03/2018, 10/10/2018, 10/17/2018, WOODBURN INDEPENDENT. Published Sep. 26, Oct. 3, 10 & 17, 2018. WI64639

ad: 64639

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2018/09/26

End Date: 2018/10/17

Court Number: OR07000120-18-1


County: Marion