TRUSTEE’S NOTICE OF SALE Reference is made to that certain trust deed made by Lilas A. Long, as grantor, to Paul S. Cosgrove, Esq., as trustee, in favor of Budget Finance Company, as beneficiary, dated March 14, 2007, recorded March 21, 2007, in the mortgage records of Clackamas County, Oregon, as No. 2007-024138, the beneficial interest thereafter being assigned to Budget Funding I, LLC, by instrument recorded December 18, 2019 as No. 2019-081007, covering the following described real property situated in the above mentioned county and state, to wit: All that certain real property in the County of Clackamas, State of Oregon, described as follows: All that portion of the following described tracts lying Southwesterly of County Road No. 429: That portion of the Southwest one-quarter of Section 28, Township 3 South, Range 4 East, of the Willamette Meridian, in the County of Clackamas and State of Oregon, described as follows: Beginning at the Southeast corner of the Northwest one-quarter of the Southwest one-quarter of Section 28, Township 3 South, Range 4 East, of the Willamette Meridian; thence South 4.20 chains; thence North 45deg. East 17.20 chains to the Clackamas River; thence North 37deg. West 4.00 chains; thence South 45deg. West 13.85 chains; thence South 37deg. East 1.00 chains to the place of beginning. ALSO a strip of land adjoining the above on the Northwest side 95.3 feet wide and 13.85 chains long. (The title company advises the property address is 22711 South Cadonau Road, Estacada, OR 97023) Both the beneficiary and the trustee have elected to sell the said real property to satisfy the obligations secured by said trust deed and a Notice of Default has been recorded pursuant to Oregon Revised Statutes 86.735(3); the default for which the foreclosure is made is grantor’s failure to pay when due the following sums: Monthly payments due June 1, 2019 through December 1, 2019, for a total of $11,290.86, plus late charges of $0.00, plus corporate advances of $13,519.86, plus real property taxes now due for 2016-17, 2017-18, 2018-19 and that portion due 2019-20. By reason of said default the beneficiary has declared all sums owing on the obligation secured by said trust deed immediately due and payable, said sums being the following, to wit: As of December 2, 2019, the principal sum of $189,100.50 plus interest; plus any sums advanced by the beneficiary or beneficiary’s successor in interest for the protection of the above described property, plus attorney and trustee’s fees incurred by reason of said default. WHEREFORE, notice hereby is given that the undersigned trustee will on May 4, 2020, at the hour of 11:00 a.m., in accord with the standard of time established by ORS 187.110, at front steps of the Clackamas County Courthouse, 807 Main Street, in the City of Oregon City, County of Clackamas, State of Oregon, 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 grantor of the said trust deed, together with any interest which the grantor or grantor’s 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 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 said 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’s fees not exceeding the amounts provided by said ORS 86.753. In construing this notice, the singular includes the plural, the word grantor includes any successor in interest to the grantor as well as any other person owing an obligation, the performance of which is secured by said trust deed and the words trustee and beneficiary include their respective successors in interest, if any. 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. The Federal Fair Debt Collection Practices Act requires we state: This is an attempt to collect a debt and any information obtained will be used for that purpose. DATED December 19, 2019. /s/ Tyson L. Calvert, Esq., Trustee, Lindsay Hart, LLP, 1300 SW 5th Avenue, Suite 3400, Portland, OR 97201. For additional information call (503) 226-7677. TS #85179-0017. Published Feb. 4, 11, 18 & 25, 2020. BT151829

ad: 151829

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2020/02/04

End Date: 2020/02/25

Court Number: 85179-0017


County: Clackamas