TRUSTEE’S NOTICE OF SALE TS No. OR07000160-19-1 APN R52986 TO No 191189713 TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed made by, PHILLIP POWERS as Grantor to NEXTITLE as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., as designated nominee for PACIFIC RESIDENTIAL MORTGAGE, Beneficiary of the security instrument, its successors and assigns, dated as of May 5, 2017 and recorded on May 10, 2017 as Instrument No. 2017 00023526 in Book 3943, on Page 459 and the beneficial interest was assigned to The Money Source Inc. and recorded December 5, 2019 as Instrument Number 2019 00059743 in Book 4274, on Page 205 of official records in the Office of the Recorder of Marion County, Oregon to-wit: APN: R52986 UNIT 44, BUILDING 10, LANCASTER SQUARE PHASE 1 CONDOMINIUM, IN THE COUNTY OF MARION, STATE OF OREGON, TOGETHER WITH AN UNDIVIDED INTEREST IN AND TO THE COMMON ELEMENTS APPERTAINING TO SAID UNIT, AS SET FORTH IN DECLARATION OF UNIT OWNERSHIP RECORDED JUNE 30, 1978, IN THE OFFICE OF THE COUNTY CLERK OF MARION COUNTY, OREGON, IN REEL 130, PAGE 186, MARION COUNTY RECORDS. Commonly known as: 3778 AUBURN RD NE, SALEM, OR 97301 Both the Beneficiary, The Money Source 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 payments which became due Monthly Payment(s): 3 Monthly Payment(s) from 06/01/2019 to 08/01/2019 at $813.84 4 Monthly Payment(s) from 09/01/2019 to 12/01/2019 at $870.93 Monthly Late Charge(s): 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 $118,575.15 together with interest thereon at the rate of 4.12500% per annum from May 1, 2019 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 May 6, 2020 at the hour of 09:00 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: 12/19/2019 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 949-252-8300Order Number 67932, Pub Dates: 01/29/2020, 02/05/2020, 02/12/2020, 02/19/2020, WOODBURN INDEPENDENT. Published Jan. 29, Feb. 5, 12 & 19, 2020. WI147107

ad: 147107

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2020/01/29

End Date: 2020/02/19

Court Number: OR07000160-19-1


County: Marion