TRUSTEE’S NOTICE OF SALE TS No

TRUSTEE’S NOTICE OF SALE TS No.: 076856-OR Loan No.: ******4966 Reference is made to that certain trust deed (the Deed of Trust) executed by MIGUEL SERRANO HERRERA, as Grantor, to FIRST AMERICAN TITLE INSURANCE, as Trustee, in favor of NATIONAL CITY BANK, as Beneficiary, dated 9/26/2003, recorded 10/2/2003, as Instrument No. 2003-132942, and later modified by a Loan Modification Agreement recorded on 4/8/2013, as Instrument 2013-023766, in the Official Records of Clackamas County, Oregon, which covers the following described real property situated in Clackamas County, Oregon: A PARCEL OF LAND LOCATED IN SECTION 10, TOWNSHIP 4 SOUTH, RANGE 2 EAST OF THE WILLAMETTE MERIDIAN, IN THE COUNTY OF CLACKAMAS AND STATE OF OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH-SOUTH QUARTER SECTION LINE THAT IS 636 FEET NORTH OF THE CENTER OF SECTION 10, TOWNSHIP 4 SOUTH, RANGE 2 EAST OF THE WILLLAMETTE MERIDIAN, IN THE COUNTY OF CLACKAMAS AND STATE OF OREGON, THENCE EAST 24.00 FEET TO A POINT; THENCE SOUTH 900 FEET TO A POINT OF INTERSECTION WITH THE NORTHWESTERLY BOUNDARY OF COUNTY ROAD NO. 332; THENCE NORTHEASTERLY ALONG THE NORTHWESTERLY BOUNDARY OF SAID ROAD TO A POINT OF INTERSECTION WITH THE NORTH BOUNDARY OF THE SOUTH HALF OF THE NORTHEAST QUARTER OF SAID SECTION 10; THENCE WEST ALONG THE NORTH BOUNDARY OF THE SOUTH HALF OF THE NORTHEAST QUARTER OF SAID SECTION 1320 FEET, MORE OR LESS, TO THE NORTHWEST CORNER THEREOF; THENCE SOUTH ALONG THE NORTH-SOUTH QUARTER SECTION LINE 684 FEET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM THE NORTHERLY 5 ACRES AS DETERMINED BY A LINE DRAWN PARALLEL WITH THE NORTHERLY LINE OF SAID PARCEL. FURTHER EXCEPTING THEREFROM THAT PORTION DESCRIBED IN CONTRACT TO CARL H. ELLISON AND CONNIE J. ELLISON RECORDED APRIL 15, 1980, AS RECORDER’S FEE NO. 80013829. APN: 01027221 // 42E10 00502 Commonly known as: 25293 S NEWKIRCHNER ROAD MULINO, OR 97042 AKA 25293 S NEWKIRCHNER ROAD MULIMO, OR 97042 The current beneficiary is: PNC BANK, NATIONAL ASSOCIATION Both the beneficiary and the trustee have elected to sell the above-described real property to satisfy the obligations secured by the Deed of Trust and notice has been recorded pursuant to ORS 86.752(3). The default for which the foreclosure is made is the grantor’s failure to pay when due, the following sums: Delinquent Payments: Dates: No. Amount Total: 02/26/18 thru 04/26/19 15 $2,032.15 $30,482.25 Late Charges: $0.00 Beneficiary Advances: $0.00 Total Required to Reinstate: $30,482.25 TOTAL REQUIRED TO PAYOFF: $386,067.74 By reason of the default, the beneficiary has declared all obligations secured by the Deed of Trust immediately due and payable, including: the principal sum of $268,395.03 together with interest thereon at the rate of 5.25 % per annum, from 1/26/2018 until paid, plus all accrued late charges, and all trustee’s fees, foreclosure costs, and any sums advanced by the beneficiary pursuant to the terms and conditions of the Deed of Trust Whereof, notice hereby is given that the undersigned trustee, CLEAR RECON CORP, whose address is 111 SW Columbia Street #950, Portland, OR 97201, will on 9/12/2019, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE ARBOR & WATER FEATURE LOCATED IMMEDIATELY ON THE NORTH SIDE OF THE CLACKAMAS COUNTY COURTHOUSE STEPS, 807 MAIN STREET, OREGON CITY, OR 97045, sell at public auction to the highest bidder in the form of cash equivalent (certified funds or cashier’s check) the interest in the above-described real property which the grantor had or had power to convey at the time it executed the Deed of Trust, together with any interest which the grantor or his successors in interest acquired after the execution of the Deed of Trust, 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 ORS 86.778 has the right to have the foreclosure proceeding dismissed and the Deed of Trust reinstated by payment to the beneficiary of the entire amount then due (other than the portion of principal that would not then be due had no default occurred), together with the costs, trustee’s and attorneys’ fees, and curing any other default complained of in the Notice of Default by tendering the performance required under the Deed of Trust at any time not later than 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 the Deed of Trust, the words trustee and beneficiary include their respective successors in interest, if any. Dated: 5/2/2019 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036 Shella Domilos, Authorized Signatory of Trustee. Published June 13, 20, 27 & July 4, 2019. LOR108952

ad: 108952

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2019/06/13

End Date: 2019/07/04

Court Number: 076856-OR

City: SANTA ANA

County: Clackamas