TS No: 230404118 Notice Of Default

TS No: 230404118 Notice Of Default And Election To Sell RE: Trust Deed from NW McCoy Inc., an Oregon corporation, Grantor Loan No: McCoy Reference is made to that certain trust deed made by NW McCoy Inc., an Oregon corporation as grantor, to Ticor Title Company of Oregon as trustee, in favor of Alera Management Group, LLC, an Oregon limited liability company, as beneficiary, dated 6/9/2021, recorded 6/14/2021, in the Records of Multnomah County, Oregon, as instrument No. 2021-092189 covering the following described real property situated in the above-mentioned county and state, to wit: APN: R334940 Beginning at an iron pipe at the intersection of the North line of Section 14, Township 1 South, Range 2 East, Willamette Meridian, in the City of Portland, County of Multnomah, and State of Oregon, with the West line of Ezra Johnson Donation Land Claim; and running thence South along the West line of the said Ezra Johnson DLC 238.15 feet to an iron pipe,thence South 89deg. 38′ East 404 feet to an iron pipe; thence North 0deg. 16′ East 239 feet to an iron rod in the North line of the said Section 14; thence North 89deg. 48′ West along the said Section line 405.12 feet to the place of beginning. Excepting Therefrom a roadway 30 feet wide previously deeded off the South side and extending from the Southeast corner to the Southwest corner of said tract. The undersigned hereby certifies that no assignments of the trust deed by the trustee or by the beneficiary and no appointments of a successor trustee have been made, except as recorded in the records of the county or counties in which the above described real property is situated. Further, no action has been instituted to recover the debt, or any part thereof, now remaining secured by the trust deed, or, if such action has been instituted, such action has been dismissed except as permitted by ORS 86.735(4). There is a default by grantor or other person owing an obligation, performance of which is secured by the trust deed, or by the successor in interest, with respect to provisions therein which authorize sale in the event of such provision. As of the date hereof, the defaults for which foreclosure is made is grantor’s failure to pay when due the principal balance of $842,000.00, plus interest from February 1, 2023 at an annual rate of 12% which is $16,730.31 (after applying $1,232.50 remaining in Holdback), plus late charges of $42,100.00, plus $4,116.42 in default interest accrued, plus accrued and unpaid extension fees of $21,050.00, plus accrued legal fees and costs of $1,300.00, plus trustee fees of $4,679.90, all totaling $931,976.63 which is the total required to pay off as of the date hereof. Because of interest, late charges, and other charges that may vary from day-to-day, the amount due on the day you pay may be greater. It will be necessary for you to contact the Trustee before the time you tender reinstatement or the payoff amount so that you may be advised of the exact amount you will be required to pay. By reason of the defaults listed above, the beneficiary has declared all sums owing on the obligation secured by the trust deed immediately due and payable, those sums being the following, to-wit: The balance of principal and interest which became due on 3/1/2023, along with late charges, foreclosure fees and costs any legal fees or advances that have become due, plus any other obligations, including taxes, insurance payments, and any payments due senior liens or leaseholds which obligations are secured by the deed of trust which is in default plus impounds and/or advances and late charges that become payable. Notice hereby is given that the beneficiary, by reason of said default, has elected and does hereby elect to foreclose the trust deed by advertisement and sale pursuant to ORS 86.705 to 86.795, and to cause to be sold at public auction to the highest bidder for cash the interest in the described property which grantor had, or had the power to convey, at the time of the execution by grantor of the trust deed, together with any interest grantor or grantor’s successor in interest acquired after the execution of the trust deed, to satisfy the obligations secured by the trust deed and the expenses of the sale, including the compensations of the trustee as provided by law, and the reasonable fees of trustee’s attorneys. The Sale will be held at the hour of 10:00 AM, in accord with the standard of time established by ORS 187.110 on 8/24/2023, at the following place: Inside the main entrance of the Multnomah County Courthouse, 1021 SW Fourth Avenue, Portland which is the hour, date and place last set for sale. Other than as shown of record, neither the beneficiary nor the trustee has any actual notice of any person having or claiming to have any lien upon or interest in the real property hereinabove described subsequent to the interest of the trustee in the trust deed, or of any successor in interest to grantor or of any lessee or other person in possession of or occupying the property, except: Name and Last Known Address NW McCoy Inc. 13610 SE Steele St Portland, OR 97236 Nature of Right, Lien or Interest Grantor under Deed of Trust and Current Vestee Notice is further given that any person named in ORS 86.753 has the right, at any time prior to five days before the date last set for the sale, to have this foreclosure proceeding dismissed and the trust deed reinstated by payment to the beneficiary of the entire amount then due (other than such portion of the principal as would not then be due had no default occurred) and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation or trust deed, and in addition to paying the sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and trust deed, together with trustee’s and attorney fees not exceeding the amounts provided by ORS 86.753. 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 singular includes the plural, the word grantor includes any successor in interest to this grantor as well as any other person owing an obligation, the performance of which is secured by the trust deed, and the words trustee and beneficiary include their respective successors in interest, if any. If you have been previously granted a discharge through bankruptcy, you may have been released of personal liability for this loan in which case this Notice of Default and Election to Sell is intended to exercise the note holders (beneficiaries) rights against the real property only. Trustee’s Mailing Address: Seidenwurm P.C. % Total Lender Solutions, Inc. PO Box 910739 San Diego, CA 92191-0739 Trustee’s Physical Address: Seidenwurm P.C. % Total Lender Solutions, Inc. 10505 Sorrento Valley Road, Ste 125 San Diego, CA 92121 Toll Free (866) 535-3736(858) 774-8859 Dated: 4-6-23 Seidenwurm P.C., As successor trustee By: /s/ Robert Seidenwurm, President State Of California ) ) ss.: County Of San Diego ) This instrument was acknowledged before me on 4/6/2023 by Robert Seidenwurm. /s/ Brittany Anne Lowkey, Notary Public My Comm. Expires Sep 28, 2025 Published June 21, 28, July 5 & 12, 2023. OL293244

ad: 293244