TRUSTEE’S NOTICE OF SALE
TS No.: 029637-OR Loan No.: ******2372 Reference is made to that certain trust deed (the “Deed of Trust”) executed by STANLEY E. ASH AND BARBARA D. ASH, HUSBAND AND WIFE, as Grantor, to WELLS FARGO FINANCIAL NATIONAL BANK, as Trustee, in favor of WELLS FARGO BANK, N.A., as Beneficiary, dated 10/29/2007, recorded 11/23/2007, as Instrument No. 2007-098716, in the Official Records of Clackamas County, Oregon, which covers the following described real property situated in Clackamas County, Oregon: A TRACT OF LAND SITUATED IN SECTION 21, TOWNSHIP 2 SOUTH, RANGE 1 EAST OF THE WILLAMETTE MERIDIAN, CLACKAMAS COUNTY, OREGON, BEING A PART OF THAT CERTAIN TRACT OF LAND CONVEYED TO JOHN EMERY, ET UX, AS DESCRIBED IN BOOK 355, PAGE 32, DEED RECORDS, CLACKAMAS COUNTY, OREGON, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: BEGINNING AT THE SOUTHEAST CORNER OF SAID EMERY TRACE, WHICH SOUTHEAST CORNER IS IN THE CENTERLINE OF CHILDS ROAD (COUNTY ROAD NO. 848) AND IS FURTHER IDENTIFIED AS BEING THE NORTHEAST CORNER OF THAT CERTAIN TRACT OF LAND DESCRIBED IN BOOK 234, PAGE 246, DEED RECORDS, CLACKAMAS COUNTY, OREGON, FROM SAID PLACE OF BEGINNING; THENCE SOUTH 71 DEGREES 01 MINUTES 07 SECONDS EAST ALONG THE CENTERLINE OF SAID CHILDS ROAD (DEED SOUTH 70 DEGREES 30 MINUTES WEST) 194.33 FEET TO A POINT AND THE TRUE PLACE OF BEGINNING; THENCE LEAVING SAID CENTERLINE NORTH 0 DEGREES 04 MINUTES 30 SECONDS EAST PARALLEL WITH THE EASTERLY BOUNDARY OF SAID EMERY TRACT, 21.17 FEET TO A 5/8 INCH IRON ROD IN THE NORTHWESTERLY RIGHT OF WAY LINE OF SAID CHILDS ROAD; THENCE CONTINUING NORTH 0 DEGREES 04 MINUTES 30 SECONDS EAST PARALLEL WITH SAID EASTERLY BOUNDARY, 335.93 FEET TO A 5/8 INCH IRON ROD; THENCE NORTH 89 DEGREES 55 MINUTES 30 SECONDS WEST 309.51 FEET TO A 5/8 INCH IRON ROD; THENCE NORTH 0 DEGREES 07 MINUTES 14 SECONDS EAST 162.00 FEET TO A 5/8 IRON ROD; THENCE NORTH 89 DEGREES 55 MINUTES 30 SECONDS WEST 161.86 FEET TO A 5/8 INCH IRON ROD; THENCE SOUTH 0 DEGREES 08 MINUTES 01 SECONDS WEST (RECORD SOUTH 0 DEGREES 09 MINUTES 23 SECONDS WEST) 220.12 FEET TO A 5/8 INCH IRON ROD; THENCE CONTINUING SOUTH 0 DEGREES 08 MINUTES 01 SECONDS WEST 276.93 FEET (RECORD 276.98) FEET TO A POINT; THENCE SOUTH 53 DEGREES 44 MINUTES 57 SECONDS EAST 188.51 FEET (RECORD 189.55 FEET) TO A POINT IN SAID NORTHWESTERLY RIGHT OF WAY LINE OF CHILDS ROAD; THENCE CONTINUING SOUTH 53 DEGREES 44 MINUTES 57 SECONDS EAST 24.37 FEET TO A POINT IN THE CENTERLINE OF CHILDS ROAD; THENCE NORTH 71 DEGREES 01 MINUTES 07 SECONDS EAST (DEED NORTH 70 DEGREES 30 MINUTES EAST) ALONG SAID CENTERLINE, 317.32 FEET TO THE TRUE PLACE OF BEGINNING. APN: 00356778 / 21E21B 00204 Commonly known as: 1925 CHILDS ROAD LAKE OSWEGO, OR 97034 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:
From:11/15/2014 to 8/1/2016 $11,091.23
Beneficiary Advances: $3,267.00
Foreclosure Fees and Expenses: $0.00
Total Required to Reinstate: $14,358.23
TOTAL REQUIRED TO PAYOFF: $165,260.68
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 $149,998.85 together with interest thereon at the rate of 4.24 % per annum, from 12/15/2013 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 12/27/2016, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE ARBOR & WATER FEATURE LOCATED IMMEDIATELY ON THE NORTH SIDE OF THE CLACKAMAS COUNTY COURTHOUSE STEPS, 807 MAIN STREET, OREGON CITY, OR 97045, 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: 8/12/2016 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036.
Published Aug. 25, Sep. 1, 8 & 15, 2016.
LOR15857322