TRUSTEE’S NOTICE OF SALE
TS No.: 037210-OR Loan No.: ******7262 Reference is made to that certain trust deed (the “Deed of Trust”) executed by R. FLOYD SCHULZ AND DONNA E. SHULZ, AS TENANTS BY THE ENTIRETY , as Grantor, to FIDELITY NATIONAL TITLE INSURANCE COMPANY, as Trustee, in favor of WELLS FARGO BANK, N.A., as Beneficiary, dated 5/26/2004, recorded 6/7/2004, as Instrument No. 200411127, in the Official Records of Yamhill County, Oregon, which covers the following described real property situated in Yamhill County, Oregon: PART OF THE BENJ. S. BURCH DONATION LAND CLAIM NO. 71 IN SECTIONS 22 AND 27 IN TOWNSHIP 5 SOUTH, RANGE 4 WEST OF THE WILLAMETTE MERIDIAN IN YAMHILL COUNTY, OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH LINE OF THE SAID BURCH DONATION LAND CLAIM, 724.58 FEET WEST OF THE SOUTHEAST CORNER THEREOF, SAID POINT ALSO BEING THE SOUTHEAST CORNER OF THAT TRACT OF LAND CONVEYED TO LLOYD L. FARRIS, ET. UX., BY DEED RECORDED APRIL 9, 1981 IN FILM VOLUME 160, PAGE 159, DEED AND MORTGAGE RECORDS; THENCE NORTH ALONG THE EAST LINE OF THE FARRIS TRACT TO THE NORTHEAST CORNER THEREOF, WHICH POINT IS IN THE SOUTHERLY LINE OF THAT TRACT OF LAND CONVEYED TO FRANK JOHNSON, ET. UX., BY DEED RECORDED IN FILM VOLUME 30, PAGE 815, DEED AND MORTGAGE RECORDS; THENCE NORTH 72° 42′ EAST ALONG THE SOUTHERLY LINE OF THE JOHNSON TRACT TO THE NORTHWEST CORNER OF THAT TRACT OF LAND CONVEYED TO DALE O. SALL, ET. UX., BY DEED RECORDED FEBRUARY 9, 1965 IN FILM VOLUME 43, PAGE 281, DEED AND MORTGAGE RECORDS; THENCE SOUTH ALONG THE WEST LINE OF THE SAID SALL TRACT TO THE SOUTHWEST CORNER THEREOF WHICH POINT IS IN THE SOUTH LINE OF THE BURCH DONATION LAND CLAIM AND THE CENTER OF HIGHWAY NO. 153; THENCE NORTHWESTERLY ALONG THE SOUTH LINE OF THE BURCH DONATION LAND CLAIM AND THE CENTER OF THE HIGHWAY TO THE POINT OF BEGINNING. APN: R5427 01100 / 202701. Commonly known as: 6185 SE AMITY RD AMITY, OR 97101. The current beneficiary is: Wells Fargo Bank, N.A. FAILURE TO PAY THE PRINCIPAL BALANCE WHICH BECAME ALL DUE AND PAYABLE BASED UPON THE DEATH OF ALL MORTGAGORS.
Total amount due to Wells Fargo: $194,983.36
Foreclosure Fees and Expenses: $0.00
TOTAL REQUIRED TO PAYOFF: $194,983.36
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 $194,537.78 together with interest thereon at the rate of 2.01 % per annum, from 12/2/2009 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 621 SW Morrison Street, Suite 425, Portland, OR 97205, will on 6/7/2016, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE 5TH STREET ENTRANCE TO THE YAMHILL COUNTY COURTHOUSE, 535 E 5TH ST, MCMINNVILLE, OR 97128, sell at public auction to the highest bidder for cash 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: 1/21/2016 CLEAR RECON CORP 621 SW Morrison Street, Suite 425, Portland, OR 97205. 858-750-7600.
Published Feb. 3, 10, 17 & 24, 2016.