TRUSTEE’S NOTICE OF SALE TS No. OR08000019-13-2 APN R122253 TO No 180427330-OR-MSI Reference is made to that certain Trust Deed made by, TIMOTHY M. GERKMAN as Grantor to LAWYERS TITLE INSURANCE CORPORATION as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), as designated nominee for DECISION ONE MORTGAGE COMPANY, LLC, Beneficiary of the security instrument, its successors and assigns, dated as of June 29, 2005 and recorded on July 6, 2005 as Instrument No. 2005-124018 and the beneficial interest was assigned to THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF THE CWABS, INC ASSET-BACKED CERTIFICATES, SERIES 2005-BC5 and recorded August 2, 2019 as Instrument Number 2019-080282 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R122253 LOT 14, BLOCK 1, BROOKFIELD, IN THE CITY OF GRESHAM, COUNTY OF MULTNOMAH AND STATE OF OREGON. Commonly known as: 623 SE LOVRIEN PLACE, GRESHAM, OR 97080 Both the Beneficiary, The Bank of New York Mellon FKA The Bank of New York as Trustee for the Certificateholders of the CWABS, Inc. Asset-Backed Certificates, Series 2005-BC5, and the Trustee, Tony Kullen, Esq., OSB #090218, 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): 84 Monthly Payment(s) from 02/01/2012 to 12/01/2018 at $2,049.02 7 Monthly Payment(s) from 02/01/2019 to 08/01/2019 at $2,629.59 Monthly Late Charge(s): 09/03/2019 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 $233,916.49 together with interest thereon at the rate of 6.49000% per annum from January 1, 2012 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 January 21, 2020 at the hour of 01:00 PM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, Front Entrance, Multnomah County Courthouse, 1021 S.W. Fourth Avenue, 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: 09/03/2019 By: Tony Kullen, Esq., OSB #090218 Successor Trustee Tony Kullen, Esq., OSB #090218 c/o Wright, Finlay & Zak, LLP 121 SW Morrison, Suite 1100, Portland, OR 97204 (949) 477-5050Order Number 63994, Pub Dates: 10/04/2019, 10/11/2019, 10/18/2019, 10/25/2019, THE OUTLOOK. Published Oct. 4, 11, 18 & 25, 2019. OL129357

ad: 129357

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2019/10/04

End Date: 2019/10/25

Court Number: OR08000019-13-2


County: Multnomah