TRUSTEE’S NOTICE OF SALE

TRUSTEE’S NOTICE OF SALE
TS No. OR07000182-16-1 APN R303456 / 1S1E18DB-02900 TO No 8656519 Reference is made to that certain Trust Deed made by, CLEORA G LINDER as Grantor to FIRST AMERICAN TITLE INS CO OF OREGON as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (“MERS”), as designated nominee for AMERICAN ADVISORS GROUP, Beneficiary of the security instrument, its successors and assigns, dated as of March 26, 2011 and recorded on March 31, 2011 as Instrument No. 2011-038931 and the beneficial interest was assigned to Reverse Mortgage Solutions, Inc. and recorded August 2, 2016 as Instrument Number 2016-095482 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R303456 / 1S1E18DB-02900 THE WEST 72.0 FEET OF LOT 1., EXCEPT THE SOUTH 15.0 FEET THEREOF, IN BLOCK 4, WESTHAMPTON, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH AND STATE OF OREGON, TOGETHER WITH A NON-EXCLUSIVE EASEMENT FOR ALL NECESSARY SEWER PURPOSES, OVER A STRIP OF LAND 10.0 FEET WIDE, THE CENTER LINE OF WHICH IS DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE EAST LINE OF THE ABOVE DESCRIBED PROPERTY, SAID POINT OF BEGINNING BEING 72.0 FEET EAST AND 25.0 FEET NORTH OF THE SOUTHWEST CORNER OF SAID LOT 1 AND RUNNIN` THENCE EAST AND PARALLEL WITH THE SOUTH LINE OF SAID LOT 1 A DISTANCE OF 73.0 FEET TO THE WEST LIE OF S.W. 53RD AVENUE AND THE TERMINUS OF SAID CENTER LINE. Commonly known as: 5324 SW CAMERON ROAD, PORTLAND, OR 97221 Both the Beneficiary, Reverse Mortgage Solutions, Inc., and the Trustee, Nathan F. Smith, Esq., OSB #120112, have elected to sell the said real property to satisfy the obligations secured by said Trust Deed and notice has been recorded pursuant to Section 86.735(3) of Oregon Revised Statutes. The default for which the foreclosure is made is the Grantor’s failure to pay: Failed to pay the principal balance which became all due and payable based upon the failure to pay taxes and/or insurance By this reason of said default the Beneficiary has declared all obligations secured by said Trust Deed immediately due and payable, said sums being the following, to-wit: The sum of $290,205.73 together with interest thereon from January 26, 2016 until paid; and all Trustee’s fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the terms of said Trust Deed. Wherefore, notice is hereby given that, the undersigned Trustee will on December 14, 2016 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, in the vestibule, immediately inside the Fourth Avenue entrance to the Multnomah County Courthouse, 1021 SW Fourth Ave, Portland, OR 97204 County of Multnomah, sell at public auction to the highest bidder for cash the interest in the said described real property which the Grantor had or had power to convey at the time of the execution by him of the said Trust Deed, together with any interest which the Grantor or his successors in interest acquired after the execution of said Trust Deed, 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 Section 86.753 of Oregon Revised Statutes has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the Beneficiary of the entire amount then due (other than such portion of said principal as would not then be due had no default occurred), together with the costs, Trustee’s or attorney’s fees and curing any other default complained of in the Notice of Default by tendering the performance required under the obligation or Trust Deed, at any time prior to 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 said Trust Deed, the words “Trustee” and “Beneficiary” includes their respective successors in interest, if any. Dated: July 28, 2016 By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o TRUSTEE CORPS 17100 Gillette Ave, Irvine, CA 92614 949-252-8300 FOR SALE INFORMATION PLEASE CALL: In Source Logic at 702-659-7766 Website for Trustee’s Sale Information: www.insourcelogic.comFOR AUTOMATED SALES INFORMATION PLEASE CALL: In Source Logic 702.659.7766 MTC Financial Inc. dba Trustee Corps MAY BE ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED MAY BE USED FOR THAT PURPOSE. ISL Number 14975, Pub Dates: 09/30/2016, 10/07/2016, 10/14/2016, 10/21/2016, THE OUTLOOK.
Published Sep. 30, Oct. 7, 14 & 21, 2016.
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