TRUSTEE’S NOTICE OF SALE

TRUSTEE’S NOTICE OF SALE
TS No.: 035422-OR Loan No.: ******4448 Reference is made to that certain trust deed (the “Deed of Trust”) executed by LOREN T FREDRICKSON, AN UNMARRIED MAN, as Grantor, to FIRST AMERICAN TITLE INSURANCE COMPANY OF OREGON, as Trustee, in favor of WORLD SAVINGS BANK, FSB, ITS SUCCESSORS AND/OR ASSIGNEES, as Beneficiary, dated 3/13/2006, recorded 3/21/2006, in Book 2622, Page 282, in the Official Records of Marion County, Oregon, which covers the following described real property situated in Marion County, Oregon: BEGINNING AT THE SOUTHWEST CORNER OF LOT TWELVE (12) OF MOORE’S FRUIT AND GARDEN TRACTS, MARION COUNTY, OREGON (SEE VOLUME 12, PAGE 8, RECORD OF TOWN PLATS FOR SAID COUNTY AND STATE); THENCE NORTH ALONG THE WEST LINE OF LOT 143.49 FEET, MORE OR LESS, TO THE SOUTHWEST CORNER OF DIAMOND-J-TRACTS, MARION COUNTY, OREGON. (SEE VOLUME 17, PAGE 32, RECORD OF TOWN PLATS FOR SAID COUNTY AND STATE); THENCE SOUTH 88°50′ EAST ALONG THE SOUTH LINE OF SAID DIAMOND-J-TRACTS, 683.76 FEET; THENCE SOUTH 0°30′ WEST ALONG THE EAST LINE OF LOT 12 OF MOORE’S FRUIT AND GARDEN TRACTS, 143.49 FEET TO THE SOUTHEAST CORNER OR SAID LOT 12; THENCE NORTH 88°50′ WEST, ALONG THE SOUTH LINE OF SAID LOT 12, 683.76 FEET TO THE PLACE OF BEGINNING. SAVE AND EXCEPT, BEGINNING AT THE SOUTHWEST CORNER OF LOT 12 OF MOORE’S FRUIT AND GARDEN TRACTS, MARION COUNTY, OREGON; THENCE NORTH ALONG THE WEST LINE OF SAID LOT, 143.49 FEET, MORE OR LESS, TO THE SOUTHWEST CORNER OF DIAMOND-J-TRACTS, MARION COUNTY, OREGON; THENCE SOUTH 88°50′ EAST ALONG THE SOUTH LINE OF SAID DIAMOND-J- TRACTS 74.3 FEET; THENCE SOUTH AND PARALLEL WITH THE WEST LINE OF LOT 12 OF MOORE’S FRUIT AND GARDEN TRACTS, 143.49 FEET TO THE SOUTH LINE OF SAID LOT 12; THENCE NORTH 88°50′ WEST, ALONG THE SOUTH LINE OF SAID LOT 12, A DISTANCE OF 74.3 FEET TO THE PLACE OF BEGINNING. SAVE AND EXCEPT: BEGINNING AT THE SOUTHEAST CORNER OF LOT 5, BLOCK 2, DIAMOND J. TRACTS IN MARION COUNTY, OREGON; THENCE SOUTH 88°50′ EAST ALONG THE SOUTHERLY LINE OF THE SAID BLOCK 148.6 FEET TO THE SOUTHEAST CORNER OF LOT 7 IN THE SAID BLOCK 2; THENCE SOUTHERLY ALONG AN EXTENSION OF THE EAST LINE OF SAID LOT 7, A DISTANCE OF 143.45 FEET TO THE SOUTH LINE OF LOT 12, MOORE’S FRUIT AND GARDEN TRACTS IN THE SAID MARION COUNTY, OREGON; THENCE WESTERLY ALONG THE SOUTH LINE OF THE SAID LOT 12, A DISTANCE OF 148.6 FEET TO THE SOUTHERLY EXTENSION OF THE EAST LINE OF THE SAID LOT 5, BLOCK 2, DIAMOND J. TRACTS; THENCE NORTHERLY ALONG SAID SOUTHERLY EXTENSION 143.45 FEET TO THE PLACE OF BEGINNING. SAVE AND EXCEPT: BEGINNING AT THE SOUTHWEST CORNER OF LOT 2, BLOCK 2, DIAMOND J. TRACTS IN MARION COUNTY, OREGON THENCE SOUTH 88°50′ EAST ALONG THE SOUTH LINE OF THE SAID BLOCK 2, A DISTANCE OF 297.20 FEET TO THE SOUTHEAST CORNER OF LOT 5 IN SAID BLOCK 2; THENCE SOUTHERLY ALONG AN EXTENSION OF THE EAST LINE OF THE SAID LOT 5, A DISTANCE OF 143.45 FEET TO THE SOUTH LINE OF LOT 12, MOORE’S FRUIT AND GARDEN TRACTS IN THE SAID MARION COUNTY, OREGON; THENCE WESTERLY ALONG THE SOUTH LINE OF THE SAID LOT 12, A DISTANCE OF 297.20 FEET TO THE SOUTHERLY EXTENSION OF THE WEST LINE OF LOT 2, BLOCK 2, DIAMOND J. TRACTS; THENCE NORTHERLY ALONG THE SAID SOUTHERLY EXTENSION OF THE WEST LINE OF LOT 2, BLOCK 2, A DISTANCE OF 143.45 FEET TO THE PLACE OF BEGINNING. APN: R55980 / 072W18DD04400 Commonly known as: 2255 BROWN RD NE SALEM, OR 97305-1819 The current beneficiary is: Wells Fargo Bank, N.A. Both the beneficiary and the trustee have elected to sell the above-described real property to satisfy the obligations secured by the Deed of Trust and notice has been recorded pursuant to ORS 86.752(3). The default for which the foreclosure is made is the grantor’s failure to pay when due, the following sums:
Delinquent Payments:
Dates: No. Amount Total:
01/01/14 thru 03/01/14 3 $878.84 $2,636.52
04/01/14 thru 04/01/16 25 $887.15 $22,178.75
Late Charges: $167.25
Beneficiary Advances: ($21.16)
Foreclosure Fees and Expenses: $0.00
Total Required to Reinstate: $24,961.36
TOTAL REQUIRED TO PAYOFF: $133,264.58
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 $116,144.87 together with interest thereon at the rate of 4.195 % per annum, from 12/1/2013 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 111 SW Columbia Street #950, Portland, OR 97201, will on 9/1/2016, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE HIGH STREET ENTRANCE OF THE MARION COUNTY COURTHOUSE, 100 HIGH ST NE, SALEM, OR 97301, 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: 4/19/2016 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036
Published May 11, 18, 26 & June 1, 2016.
WI15836279