TRUSTEE’S NOTICE OF SALE TS No. OR05000085-15-1 APN R72869 TO No 97108942 Reference is made to that certain Trust Deed made by, HARRY F. BILLINGS AND BLANCHE M. BILLINGS, AS TENANTS BY THE ENTIRETY as Grantor to LENDERS FIRST CHOICE as Trustee, in favor of FINANCIAL FREEDOM SENIOR FUNDING CORPORATION, A SUBSIDIARY OF INDYMAC BANK, F.S.B. as Beneficiary dated as of May 11, 2007 and recorded on May 16, 2007 in Book 2813, on Page 2 and the beneficial interest was assigned to Bank of New York Mellon Trust Company, N.A. as Trustee for Mortgage Assets Management Series I Trust and recorded October 2, 2018 as Instrument Number 2018 00048320 in Book 4128, on Page 89 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R72869 BEGINNING AT AN IRON PIPE LOCATED IN THE SOUTHEAST CORNER OF LOT THIRTEEN (13), IN BAYNE`S SUBDIVISION (SEE VOLUME 17, PAGE 13, RECORD OF TOWN PLATS IN THE CITY OF SALEM, MARION COUNTY, STATE OF OREGON); THENCE NORTH 0deg. 9` EAST, 80.00 FEET TO A POINT; THENCE NORTH 89deg. 54` WEST 136.76 FEET TO THE WEST LINE OF LOT FORTY-SEVEN (47), IN EWALD FRUIT FARM; THENCE SOUTH ALONG THE WEST LINE OF SAID LOT FORTY-SEVEN (47), 80.00 FEET TO THE NORTHWEST CORNER OF LOT NINE (9), IN BAYNE`S SUBDIVISION; THENCE SOUTH 89deg. 54` EAST 136.79 FEET TO THE POINT OF BEGINNING. Commonly known as: 3541 HILLVIEW DRIVE SE, SALEM, OR 97302 Both the Beneficiary, Bank of New York Mellon Trust Company, N.A. as Trustee for Mortgage Assets Management Series I Trust, 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 the principal balance which became all due and payable based upon the death of all mortgagors, pursuant to paragraph 7 under the Note, and pursuant to paragraph 9 of the Deed of Trust. 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 $220,303.25 together with interest thereon from January 9, 2015 until paid; 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 11, 2019 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: 11/05/2018 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 52640, Pub Dates: 12/19/2018, 12/26/2018, 01/02/2019, 01/09/2019, WOODBURN INDEPENDENT. Published Dec. 19, 26, 2018, Jan. 2 & 9, 2019. WI78427

ad: 78427

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2018/12/19

End Date: 2019/01/09

Court Number: OR05000085-15-1


County: Marion