NOTICE OF DEFAULT AND ELECTION TO

NOTICE OF DEFAULT AND ELECTION TO SELL REAL PROPERTY BY TRUSTEE 1. Grantor: Sharon E. Angelo Trustee: Terry DeSylvia, Esq., 1200 SW Main Str., Portland, Oregon 97205 Beneficiary: Clunas Funding Group, Inc. 2. Property Description: 37120 and 37130 E. Historic Columbia River Hwy, Corbett, Oregon, legal description as follows: PARCEL I: A parcel of land lying in the Northeast one-quarter of the Northwest one-quarter of Section 35, Township 1 North, Range 4 East of the Willamette Meridian, in the County of Multnomah and State of Oregon and being that property described in that Deed to the State of Oregon by and through its State Highway Commission, recorded June 5, 1961 in Book 2065, Page 62, Multnomah County Records of Deeds and the said parcel being described as follows: Beginning at the Southeast corner of said Northeast one-quarter of the Northwest one-quarter, thence Westerly along the South line of said Northeast one-quarter of the Northwest one-quarter, 127.5 feet, more or less, to the West line of said property; thence Northerly along the West line of said property to the Southerly line of the Crown Point Highway (formerly the Old Columbia River Highway); thence Easterly along the Southerly line of said highway to the East line of said Northeast one-quarter of the Northwest one-quarter; thence Southerly along said East line, 185 feet, more or less, to the point of beginning. PARCEL II: Beginning at the North one-quarter corner of Section 35, Township 1 North, Range 4 East of the Willamette Meridian, in the County of Multnomah and State of Oregon; thence South along the one-quarter line 1121.7 feet to a point in the South right of way line of the Columbia River Highway, the true place of beginning; thence continuing South along said one-quarter line 709.8 feet; thence West at right angles to said one-quarter line 127.5 feet; thence North and parallel with said one-quarter line to the South right of way line of the Columbia River Highway; thence Southeasterly following said right of way line to the true point of beginning; EXCEPT: The following part thereof described as follows: A parcel of land lying in the Northeast one-quarter of the Northwest one-quarter of Section 35, Township 1 North, Range 4 East of the Willamette Meridan, in the County of Multnomah and State of Oregon, and being a portion of that property described in that certain deed to Everett E. and Faustine Alma Ramboz, recorded in Book 1936 page 177 of Multnomah County Records of Deeds, said parcel being described as follows: Beginning at the Southeast corner of said Northeast one-quarter of the Northwest one-quarter, thence Westerly along the South line of said Northeast one-quarter of the Northwest one-quarter, 127.5 feet, more or less, to the West line of said property; thence Northerly along the West line of said property to the Southerly line of the Crown Point Highway (formerly the Old Columbia River Highway); thence Easterly along the Southerly line of said highway to the East line of said Northeast one-quarter of the Northwest one-quarter; thence Southerly along said East line, 185 feet, more or less, to the point of beginning. 3. Trust Deed Recording: February 26, 2016, Multnomah County, Oregon, Fee No: 2016-024963 (the Trust Deed). 4. Default: The Trust Deed and the obligations secured by the Trust Deed are in default for failure to pay when due, real property taxes, principal and interest payments, late fees and attorney fees. 5. Balance Due Secured by Trust Deed: (1) The sum of $265,000.00; (2) Interest from July 1, 2019, until paid at the rate of 2% per month, compounded monthly, on all amounts due; (3) Trustee fees, attorney fees, foreclosure costs, sums required for protection of the property and additional sums secured by the Trust Deed; and (4) Less amounts paid or credited prior to the sale. 6. Sale of Property: Because of the default, the Beneficiary and Trustee have elected to foreclose the Trust Deed by advertisement and sale pursuant to ORS Chapter 86. 7. Sale Date, Time, Place: The sale will be held at the hour of 10:30 a.m., on November 19, 2019, at the following place: front steps of the Multnomah County Courthouse at 1021 SW 4th Avenue, Portland, Oregon. 8. Right to Cure: Any person named in ORS 86.753 has the right, at any time prior to five (5) days before the date last set for the sale, to have this foreclosure proceeding dismissed and the Trust Deed reinstated by doing all of the following: (1) Paying the Beneficiary the entire amount due; (2) Curing any other default complained of herein that is capable of being cured by tendering the performance required under the Note or Trust Deed; and (3) Paying all costs and expenses actually incurred in enforcing the Note and Trust Deed, together with Trustee and attorney fees. NOTICE TO RESIDENTIAL TENANTS The property in which you are living is in foreclosure. A foreclosure sale is scheduled for November 19, 2019. The date of this sale may be postponed. Unless the lender that is foreclosing on this property is paid before the sale date, the foreclosure will go through and someone new will own this property. After the sale, the new owner is required to provide you with contact information and notice that the sale took place. The following information applies to you only if you are a bona fide tenant occupying and renting this property as a residential dwelling under a legitimate rental agreement. The information does not apply to you if you own this property or if you are not a bona fide residential tenant. If the foreclosure sale goes through, the new owner will have the right to require you to move out. Before the new owner can require you to move, the new owner must provide you with written notice that specifies the date by which you must move out. If you do not leave before the move-out date, the new owner can have the sheriff remove you from the property after a court hearing. You will receive notice of the court hearing. PROTECTION FROM EVICTION IF YOU ARE A BONA FIDE TENANT OCCUPYING AND RENTING THIS PROPERTY AS A RESIDENTIAL DWELLING, YOU HAVE THE RIGHT TO CONTINUE LIVING IN THIS PROPERTY AFTER THE FORECLOSURE SALE FOR: — 60 DAYS FROM THE DATE YOU ARE GIVEN A WRITTEN TERMINATION NOTICE, IF YOU HAVE A FIXED TERM LEASE; OR — AT LEAST 30 DAYS FROM THE DATE YOU ARE GIVEN A WRITTEN TERMINATION NOTICE, IF YOU HAVE A MONTH-TO-MONTH OR WEEK-TO-WEEK RENTAL AGREEMENT. If the new owner wants to move in and use this property as a primary residence, the new owner can give you written notice and require you to move out after 30 days, even though you have a fixed term lease with more than 30 days left. You must be provided with at least 30 days’ written notice after the foreclosure sale before you can be required to move. A bona fide tenant is a residential tenant who is not the borrower (property owner) or a child, spouse or parent of the borrower, and whose rental agreement: — Is the result of an arm’s-length transaction; — Requires the payment of rent that is not substantially less than fair market rent for the property, unless the rent is reduced or subsidized due to a federal, state or local subsidy; and — Was entered into prior to the date of the foreclosure sale. ABOUT YOUR TENANCY BETWEEN NOW AND THE FORECLOSURE SALE: RENT YOU SHOULD CONTINUE TO PAY RENT TO YOUR LANDLORD UNTIL THE PROPERTY IS SOLD OR UNTIL A COURT TELLS YOU OTHERWISE. IF YOU DO NOT PAY RENT, YOU CAN BE EVICTED. BE SURE TO KEEP PROOF OF ANY PAYMENTS YOU MAKE. SECURITY DEPOSIT You may apply your security deposit and any rent you paid in advance against the current rent you owe your landlord as provided in ORS 90.367. To do this, you must notify your landlord in writing that you want to subtract the amount of your security deposit or prepaid rent from your rent payment. You may do this only for the rent you owe your current landlord. If you do this, you must do so before the foreclosure sale. The business or individual who buys this property at the foreclosure sale is not responsible to you for any deposit or prepaid rent you paid to your landlord. ABOUT YOUR TENANCY AFTER THE FORECLOSURE SALE The new owner that buys this property at the foreclosure sale may be willing to allow you to stay as a tenant instead of requiring you to move out after 30 or 60 days. After the sale, you should receive a written notice informing you that the sale took place and giving you the new owner’s name and contact information. You should contact the new owner if you would like to stay. If the new owner accepts rent from you, signs a new residential rental agreement with you or does not notify you in writing within 30 days after the date of the foreclosure sale that you must move out, the new owner becomes your new landlord and must maintain the property. Otherwise: — You do not owe rent; — The new owner is not your landlord and is not responsible for maintaining the property on your behalf; and — You must move out by the date the new owner specifies in a notice to you. The new owner may offer to pay your moving expenses and any other costs or amounts you and the new owner agree on in exchange for your agreement to leave the premises in less than 30 or 60 days. You should speak with a lawyer to fully understand your rights before making any decisions regarding your tenancy. IT IS UNLAWFUL FOR ANY PERSON TO TRY TO FORCE YOU TO LEAVE YOUR DWELLING UNIT WITHOUT FIRST GIVING YOU WRITTEN NOTICE AND GOING TO COURT TO EVICT YOU. FOR MORE INFORMATION ABOUT YOUR RIGHTS, YOU SHOULD CONSULT A LAWYER. If you believe you need legal assistance, contact the Oregon State Bar and ask for the lawyer referral service. Contact information for the Oregon State Bar is included with this notice. If you do not have enough money to pay a lawyer and are otherwise eligible, you may be able to receive legal assistance for free. Information about whom to contact for free legal assistance is included with this notice. Contact Information – Oregon State Bar: 16037 SW Upper Boones Ferry Road, Tigard, OR 97224 (503) 684-3763, or toll-free in Oregon at (800) 452-7636 or you may visit its website at: http://www.osbar.org Contact Information – Oregon Legal Aid Services of Portland, Oregon Regional Office: 520 SW 6th Avenue, Ste. 700 Portland, OR 97204 (503) 224-4086 or (800) 228-6958 Or you may visit its website at: http://www.oregonlawcenter.org/how-to-get-help/olc-offices/hillsboro/ DATED: July 2, 2019 Terry DeSylvia, Trustee Brownstein, Rask, et al. 1200 SW Main Street Portland, Oregon 97205-2040 (503) 412-6713 Published Sep. 24, Oct. 1, 8 & 15, 2019. OL131657

ad: 131657

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2019/09/24

End Date: 2019/10/15

City: PORTLAND

County: Multnomah