TRUSTEE’S NOTICE OF SALE

TRUSTEE’S NOTICE OF SALE
TS No. OR09000009-16-1 APN R106290 / 051W18CB00800 TO No 160162531-OR-MSI Reference is made to that certain Trust Deed made by, ADRIAN JIMENEZ-CERVANTES, ALICIA JIMENEZ, AS TENANTS BY THE ENTIRETY as Grantor to FIRST AMERICAN TITLE INSURANCE COMPANY as Trustee, in favor of ADVANTIS CREDIT UNION as Beneficiary ADVANTIS CREDIT UNION (“MERS”), as designated nominee for ADVANTIS CREDIT UNION, Beneficiary of the security instrument, its successors and assigns, dated as of December 5, 2006 and recorded on December 8, 2006 in Book 2744, on Page 392 and the beneficial interest was assigned to QR LENDING, A DIVISION OF FIRST FEDERAL BANK OF FLORIDA and recorded May 24, 2016 as Instrument Number 2016 00024041 in Book 3820, on Page 123 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R106290 / 051W18CB00800 PARCEL I: LOT 2, COLONA CORTEZ, IN THE CITY OF WOODBURN, MARION COUNTY, STATE OF OREGON PARCEL II: BEGINNING AT THE NORTHWEST CORNER OF LOT TWO (2), COLONIA CORTEZ, IN THE CITY OF WOODBURN, MARION COUNTY, STATE OF OREGON; THENCE NORTH 18° 37` EAST TO THE NORTHERLY LINE OF THE TRACT OF LAND CONVEYED TO CHARLES B. CORNWELL AND LOU JANE CORNWELL, HUSBAND AND WIFE, BY DEED RECORDED JUNE 8, 1956, IN VOLUME 488, PAGE 574, DEED RECORDS FOR MARION COUNTY, OREGON; THENCE SOUTHEASTERLY ALONG THE NORTHERLY LINE OF SAID CORNWELL TRACT TO THE NORTHEAST CORNER OF SAID LOT TWO (2); THENCE NORTH 71° 23` WEST ALONG THE NORTH LINE OF SAID LOT 2, 91.74 FEET TO THE PLACE OF BEGINNING Commonly known as: 915 SOUTH FRONT STREET, WOODBURN, OR 97071 Both the Beneficiary, QR LENDING, A DIVISION OF FIRST FEDERAL BANK OF FLORIDA, 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 payments which became due Monthly Payment(s): 2 Monthly Payment(s) from 11/01/2015 to 12/01/2015 at $1,235.78 6 Monthly Payment(s) from 01/01/2016 to 06/01/2016 at $1,247.89 2 Monthly Payment(s) from 07/01/2016 to 08/01/2016 at $1,307.03 Monthly Late Charge(s): Total Monthly Late Charge(s) at $386.08 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 $132,492.55 together with interest thereon at the rate of 6.25000% per annum from October 1, 2015 until paid; plus all accrued late charges thereon; 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 January 4, 2017 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, Front Entrance, Marion County Courthouse, 100 High Street N.E., Salem, OR 97301 County of Marion, 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: August 23, 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: Auction.com at 800.280.2832 Website for Trustee’s Sale Information: www.Auction.comISL Number 16767, Pub Dates: 10/05/2016, 10/12/2016, 10/19/2016, 10/26/2016, WOODBURN INDEPENDENT.
Published Oct. 5, 12, 19 & 26, 2016.
WI15859379