TRUSTEE’S NOTICE OF SALE
TS No.: 033399-OR Loan No.: ******0129 Reference is made to that certain trust deed (the “Deed of Trust”) executed by CYNTHIA SATTERLUND, as Grantor, to FIDELITY NATIONAL TITLE INSURANCE COMPANY, as Trustee, in favor of WELLS FARGO BANK, N.A., as Beneficiary, dated 6/20/2005, recorded 6/23/2005, as Instrument No. 2005-058227, in the Official Records of Clackamas County, Oregon, which covers the following described real property situated in Clackamas County, Oregon: A PORTION OF LOT 21, WILSON ACRES, LOCATED IN SECTION 10, TOWNSHIP 3 SOUTH, RANGE 1 WEST, OF THE WILLAMETTE MERIDIAN IN CLACKAMAS COUNTY, OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID LOT 21; THENCE SOUTH 19°37′ WEST FOLLOWING THE EASTERLY LINE OF SAID LOT 21, A DISTANCE OF 357.75 FEET TO A POINT, SAID POINT BEING THE TRUE PLACE OF BEGINNING OF THE TRACT HEREIN TO BE DESCRIBED; THENCE SOUTH 89°57′ WEST, A DISTANCE OF 457.01 FEET TO A SOUTHWEST CORNER OF A TRACT OF LAND CONVEYED TO FREDERICK W. SCHUMANN AND MILDRED C. SCHUMANN BY DEED RECORDED MAY 21, 1969, FEE NO. 69-9250 AND THE EAST LINE OF TRACT OF LAND DESCRIBED IN CONTRACT TO GAYLE L. GUECK AND DIANE GUECK RECORDED JULY 14, 1969, FEE NO. 69-13175; THENCE SOUTH 0°03′ WEST FOLLOWING THE EAST LINE OF SAID GUECK TRACT TO THE SOUTHEAST CORNER THEREOF; THENCE SOUTH 89°57′ WEST FOLLOWING THE SOUTH LINE OF SAID GUECK TRACT, A DISTANCE OF 272.7 FEET TO THE SOUTHWEST CORNER THEREOF; THENCE SOUTH 38°14′ EAST FOLLOWING THE WESTERLY LINE OF SAID LOT 21 TO THE SOUTHWEST CORNER THEREOF; THENCE NORTH 89°55′ EAST FOLLOWING THE SOUTH LINE OF SAID LOT 21, A DISTANCE OF 457.8 FEET TO THE SOUTHEAST CORNER THEREOF; THENCE NORTH 19°37′ EAST FOLLOWING THE EASTERLY LINE OF SAID LOT 21, A DISTANCE OF 325.33 FEET TO THE TRUE PLACE OF BEGINNING. EXCEPTING THEREFROM THAT PORTION OF SAID LAND, AS SHOWN IN PARTIAL RECONVEYANCE RECORDED, 11/12/2009 2009-078738 OF OFFICIAL RECORDS, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: A PARCEL OF LAND LYING IN THE SOUTHWEST QUARTER OF SECTION 10, TOWNSHIP 3 SOUTH, RANGE 1 WEST, W.M., CLACKMAS COUNTY, OREGON BEING A PORTION OF TAX LOT 2800, ASSESSOR’S PLAT 3 1W, 10C, BEING FURTHER DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 10; THENCE SOUTH 88°34’04” EAST ALONG THE SOUTH LINE OF SAID SECTION 10, ALSO BEING THE CENTERLINE OF WESTFALL ROAD (COUNTY ROAD NO. 84) AND TOOZE ROAD (COUNTY ROAD NO. 355), A DISTANCE OF 1097.99 FEET TO A POINT ON SAID SOUTH LINE; THENCE NORTH 01°25’56” EAST A DISTANCE OF 20/00 FEET TO A POINT ON THE NORTHERLY RIGHT OF WAY LINE OF SAID TOOZE ROAD AND MARKING THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORTH 01°25;56″ EAST A DISTANCE OF 25.11 FEET; THENCE NORTH 49°27’42” WEST A DISTANCE OF 161.86 FEET TO A POINT ON THE EASTERLY RIGHT OF WAY LINE OF SAID TOOZE ROAD, SAID POINT BEING 20.00 FEET EASTERLY OF, WHEN MEASURED AT RIGHT ANGLES TO, THE CENTERLINE OF SAID TOOZE ROAD; THENCE SOUTH 36°42’04” EAST, PARALLEL WITH SAID CENTERLINE, A DISTANCE OF 155.22 FEET TO A POINT ON SAID NORTHERLY RIGHT OF WAY; THENCE SOUTH 88°34’04” EAST ALONG SAID NORTHERLY RIGHT OF WAY LINE A DISTANCE OF 54.86 FEET TO THE TRUE POINT OF BEGINNING. APN: 00804990/31W10C 02800 Commonly known as: 12041 SW TOOZE ROAD SHERWOOD, OR 97140-8488 The current beneficiary is: U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR IN INTEREST TO WACHOVIA BANK, NATIONAL ASSOCIATION, AS TRUSTEE FOR WELLS FARGO ASSET SECURITIES CORPORATION, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2005-7 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:
06/01/14 thru 08/01/14 3 $3,473.77 $10,421.31
09/01/14 thru 06/01/16 22 $3,472.71 $76,399.62
07/01/16 thru 09/01/16 3 $3,587.43 $10,762.29
Late Charges: $0.00
Beneficiary Advances: $1,582.50
Foreclosure Fees and Expenses: $0.00
Total Required to Reinstate: $99,165.72
TOTAL REQUIRED TO PAYOFF: $449,983.79
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 $373,194.14 together with interest thereon at the rate of 5.875 % per annum, from 5/1/2014 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 1/31/2017, 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: 9/14/2016 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036 Bernis M. Gonyea, Authorized Signatory of Trustee.
Published Oct. 6, 13, 20 & 27, 2016.
LOR15861708