TRUSTEE’S NOTICE OF SALE Reference is made to a Deed of Trust (the Trust Deed) made, executed, and delivered by Decadent Holdings, LLC, as Grantor (with mailing address PO Box 629, Molalla, OR 97038), to UPF Services, LLC, as Trustee (with mailing address 12410 E. Mirabeau Parkway, Suite 100, Spokane Valley, WA 99216, to secure certain obligations in favor of Banner Bank, as Beneficiary, dated July 5, 2017, and recorded July 7, 2017, as Document No. 2017-046338 of the mortgage records of Clackamas County, Oregon, covering the following described real property (the Real Property) in such county and state: The North 100 feet of Lot 34, OLIVER ROBBIN’S ADDITION TO MOLALLA OREGON, in the City of Molalla, County of Clackamas and State of Oregon, TOGETHER WITH that portion of Robbins Street stub extending East from Grange Street inuring thereto by Vacation Ordinance No. 1980-10 entered September 14, 1980 recorded September 15, 2980 as Recorder’s Fee No. 80-034565, Clackamas County Records. Property Tax Identification Number: 01096879. Kevin H. Kono, an Oregon attorney, was appointed Successor Trustee by a certain instrument recorded June 11, 2019, in the records of Clackamas County, Oregon, as Document No. 2019-032136, and is now vested with all the powers of said former Trustee. The mailing address of the Successor Trustee is: Kevin H. Kono Davis Wright Tremaine LLP 1300 SW Fifth Avenue, Suite 2400 Portland, OR 97201 Beneficiary has elected to sell the Real Property to satisfy the obligations secured by the Trust Deed and to foreclose the Trust Deed by advertisement and sale. The default for which the foreclosure is made is the failure of Grantor to pay when due the following sums: 1. The failure of Grantor to pay when due monthly payments of $3,282.17 each due on October 10, 2017, and on the 10th day of each month thereafter. As of June 10, 2019, the total amount of monthly payments in default was $29,439.54. 2. The failure of the Grantor to pay late charges, in the amount of $1,476.99, as of June 28, 2019. 3. By reason of said default, Beneficiary has declared the entire amount of all obligations secured by the Trust Deed to be immediately due and payable. 4. The sum owing on all obligations secured by the Trust Deed is as follows: Principal $520,766.41 Interest (to June 28, 2019) $16,509.00 Late charges $1,476.99 Trustee’s Sale Guaranty $1,397.00 Attorney Fees (to June 28, 2019) $13,544.50 Total $553,696.90 Interest continues to accrue on the principal amount of $520,766.41 at the rate of 3.990 percent per annum from June 28, 2019, until paid. Attorney fees and costs incurred by the beneficiary or the trustee after June 28, 2019 will also be part of the sum immediately due, owing, and payable on such indebtedness. The Beneficiary and the Successor Trustee have elected to sell the Real Property to satisfy the obligation secured. A notice of default and election to sell and to foreclose was duly recorded on July 11, 2019, in the records of Clackamas County, Oregon, as Document No. 2019-039958, reference thereto hereby being expressly made. WHEREFORE, NOTICE HEREBY IS GIVEN that the undersigned Trustee or Trustee’s attorney will, on December 2, 2019 , at the hour of 11:00 a.m. standard time as established by ORS 187.110, at the Clackamas County Courthouse, 807 Main Street, in the City of Oregon City, County of Clackamas, State of Oregon, sell at public auction to the highest bidder for cash, the interest in the Real Property that Grantor had or had power to convey at the time of the execution by Grantor of the Trust Deed, together with any interest that Grantor or the successors in interest to Grantor acquired after the execution of the Trust Deed, to satisfy the foregoing obligations thereby secured and the costs and expenses of sale, including the cost of a title search, a reasonable charge by Trustee, and a reasonable attorneys’ fee for Trustee’s attorneys. Notice is further given that Grantor, or any person named in ORS 86.778, has the right, at any time prior to five days before the Trustee’s sale, to require that the foreclosure proceeding be dismissed and the Trust Deed reinstated by the payment of the entire amount due (other than such portion of the principal as would not be due had no default occurred) under the terms of the Trust Deed and the obligations secured thereby, including all costs and expenses actually incurred and Trustee’s and attorneys’ fees as provided by ORS 86.778. 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 word Grantor includes any successor in interest of Grantor, as well as any other person owing an obligation the performance of which is secured by the Trust Deed and their successors in interest; the word Trustee includes any successor trustee; and the word Beneficiary includes any successor in interest of Beneficiary named in the Trust Deed. Dated at Portland, Oregon, July 17, 2019 Kevin H. Kono, Successor Trustee Davis Wright Tremaine LLP 1300 SW Fifth Avenue, Suite 2400 Portland, OR 97201 503-778-5331 Published Oct. 16, 23, 30 & Nov. 6, 2019. MOP132790

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Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2019/10/16

End Date: 2019/11/06


County: Clackamas