TRUSTEE’S NOTICE OF SALE TS NO.: 18-55289 Reference is made to that certain Deed of Trust (hereinafter referred as the Trust Deed) made by TERRILL F. GADDIS AND KAREN L. GADDIS, HUSBAND AND WIFE AS TENANTS BY THE ENTIRETY as Grantor to FIRST AMERICAN TITLE OF OREGON, as trustee, in favor of Mortgage Electronic Registration Systems, Inc. (MERS), as designated nominee for HandR Block Mortgage Corporation, beneficiary of the security instrument, its successors and assigns, as Beneficiary, dated 10/28/2005, recorded 11/2/2005, as Instrument No. 200524520, in mortgage records of Yamhill County, Oregon covering the following described real property situated in said County and State, to-wit: BEGINNING AT THE NORTHWEST CORNER OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 1, TOWNSHIP 6 SOUTH, RANGE 8 WEST OF THE WILLAMETTE MERIDIAN IN YAMHILL COUNTY, OREGON; THENCE SOUTH 585 FEET TO A POINT; THENCE EAST 660 FEET; THENCE SOUTH 150 FEET; THENCE EAST 660 FEET TO THE EAST LINE OF SECTION 1; THENCE NORTH 735 FEET TO THE NORTHEAST CORNER OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 1, TOWNSHIP 6 SOUTH, RANGE 8 WEST; THENCE WEST TO THE POINT OF BEGINNING. TOGETHER WITH A ROAD RIGHT-OF-WAY TEN FEET IN WIDTH ALONG THE NORTH SIDE OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER, ALL IN SECTION 1, TOWNSHIP 6 SOUTH, RANGE 8 WEST OF THE WILLAMETTE MERIDIAN IN YAMHILL COUNTY, OREGON. The street address or other common designation, if any for the real property described above is purported to be: 24011 SW GRAND RONDE RD GRAND RONDE, Oregon 97347 The Tax Assessor’s Account ID for the Real Property is purported to be: 245194 / R6801 00100 Both the beneficiary and the trustee, ZBS Law, LLP fka Zieve, Brodnax and Steele, LLP have elected to foreclose the above referenced Trust Deed and sell the said real property to satisfy the obligations secured by the Trust Deed and a Notice of Default and Election to Sell has been recorded pursuant to ORS 86.752(3). All right, title, and interest in the said described property which the grantors had, or had power to convey, at the time of execution of the Trust Deed, together with any interest the grantors or their successors in interest acquired after execution of the Trust Deed shall be sold at public auction to the highest bidder for cash to satisfy the obligations secured by the Trust Deed and the expenses of sale, including the compensation of the trustee as provided by law, and the reasonable fees of trustee’s attorneys. The default for which the foreclosure is made is: The monthly installment of principal and interest which became due on 6/1/2018, late charges, and all subsequent monthly installments of principal and interest. You are responsible to pay all payments and charges due under the terms and conditions of the loan documents which come due subsequent to the date of this notice, including, but not limited to, foreclosure trustee fees and costs, advances and late charges. Furthermore, as a condition to bring your account in good standing, you must provide the undersigned with written proof that you are not in default on any senior encumbrance and provide proof of insurance. Nothing in this notice should be construed as a waiver of any fees owing to the beneficiary under the deed of trust, pursuant to the terms and provisions of the loan documents. The amount required to cure the default in payments to date is calculated as follows: From: 6/1/2018 Total of past due payments: $37,200.40 Additional charges (Taxes, Insurance, Corporate Advances, Other Fees): $1,749.50 Trustee’s Fees and Costs: $1,233.50 Total necessary to cure: $40,183.40 Please note the amounts stated herein are subject to confirmation and review and are likely to change during the next 30 days. Please contact the successor trustee ZBS Law, LLP fka Zieve, Brodnax and Steele, LLP, to obtain a reinstatement’ and or payoff’ quote prior to remitting funds. By reason of said default the beneficiary has declared all sums owing on the obligation secured by the Trust Deed due and payable. The amount required to discharge this lien in its entirety to date is: $282,819.63 Said sale shall be held at the hour of 1:00 PM on 2/4/2020 in accord with the standard of time established by ORS 187.1 10. and pursuant to ORS 86.771(7) shall occur at the following designated place: Front Entrance of the Yamhill County Courthouse, 535 East 5th Street, McMinnville, OR 97128 Other than as shown of record, neither the said beneficiary nor the said trustee have any actual notice of any person having or claiming to have any lien upon or interest in the real property hereinabove described subsequent to the interest of the trustee in the Trust Deed, or of any successor(s) in interest to the grantors or of any lessee or other person in possession of or occupying the property, except: NONE Notice is further given that any person named in ORS 86.778 has the right, at any time prior to five days before the date last set for sale, to have this foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the beneficiary of the entire amount then due (other than such portion of the principal as would not then be due had no default occurred) and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation(s) of the Trust Deed, and in addition to paying said sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed, together with the trustee’s and attorney’s fees not exceeding the amounts provided by ORS 86.778. The mailing address of the trustee is: ZBS Law, LLP fka Zieve, Brodnax and Steele, LLP One World Trade Center, 121 Southwest Salmon Street, 11th Floor Portland. OR 97204 (503) 946-6558 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 include their respective successors in interest

ad: 137130

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2019/11/13

End Date: 2019/11/13

Court Number: 18-55289


County: Yamhill