TRUSTEE’S NOTICE OF SALE TS No. OR08000195-17-1-FT APN R507234 TO No 170387862 Reference is made to that certain Trust Deed made by, ROGER STEVENS as Grantor to CHICAGO TITLE, A OREGON CORPORATION as Trustee, in favor of WASHINGTON MUTUAL BANK,A WASHINGTON CORPORATION as Beneficiary dated as of November 9, 2005 and recorded on November 15, 2005 as Instrument No. 2005-221980 and the beneficial interest was assigned to U.S. Bank National Association as Indenture Trustee for the CIM Trust 2016-FRE1, Mortgage-Backed Notes, Series 2016-FRE1 and recorded September 11, 2018 as Instrument Number 2018-095158 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R507234 UNIT NO.509,GREGORY CONDOMINIUMS,IN THE CITY OF PORTLAND,COUNTY OF MULTNOMAH,STATE OF OREGON.TOGETHER WITH THE LIMITED COMMON ELEMENTS AND AN UNDIVIDED INTEREST IN THE GENERAL COMMON ELEMENTS THAT APPERTAIN THERETO,AS SET FORTH IN THE DECLARATION OF GREGORY CONDOMINIUMS,RECORDED MAY 4,2001,RECORDERS FEE NO. 2001-065174,AND RE-RECORDED AUGUST 7,2001,RECORDER`S FEE NO.2001-123276,AND AS AMENDED BY INSTRUMENT RECORDED AUGUST 21,2001 AS RECORDER`S FEE NO.2001-134333,AND AS AMENDED BY INSTRUMENT RECORDED SEPTEMBER 18, 2001,RECORDER`S FEE NO.2001-147294 AND FURTHER AMENDED BY INSTRUMENT RECORDED JANUARY 23, 2002,RECORDER`S FEE NO.2002-013171 AND FURTHER AMENDED BY INSTRUMENT RECORDED JUNE 21,2002 AS RECORDER`S FEE NO.2002-111648. Commonly known as: 420 NW 11TH AVE UNIT 509, PORTLAND, OR 97209 Both the Beneficiary, U.S. Bank National Association as Indenture Trustee for the CIM Trust 2016-FRE1, Mortgage-Backed Notes, Series 2016-FRE1, 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): 2 Monthly Payment(s) from 11/01/2016 to 12/01/2016 at $2,150.81 1 Monthly Payment(s) from 01/01/2017 to 01/01/2017 at $2,191.93 11 Monthly Payment(s) from 02/01/2017 to 12/01/2018 at $2,204.77 1 Monthly Payment(s) from 01/01/2018 to 01/01/2018 at $2,264.53 5 Monthly Payment(s) from 02/01/2018 to 06/01/2018 at $2,245.07 4 Monthly Payment(s) from 07/01/2018 to 10/30/2018 at $2,298.14 Monthly Late Charge(s): 1 Monthly Late Charge(s) 11/7/2018 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 $276,425.87 together with interest thereon at the rate of 3.22300% per annum from October 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 March 19, 2019 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: 11/7/2018 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 53015, Pub Dates: 12/21/2018, 12/28/2018, 01/04/2019, 01/11/2019, THE OUTLOOK. Published Dec. 21, 28, 2018, Jan. 4 & 11, 2019. OL80420

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Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2018/12/21

End Date: 2019/01/11

Court Number: OR08000195-17-1-FT


County: Multnomah