TRUSTEE’S NOTICE OF SALE The Trustee under the terms of the Trust Deed described herein, at the direction of the Beneficiary, hereby elects to sell the property described in the Trust Deed to satisfy the obligations secured thereby. Pursuant to ORS 86.771, the following information is provided: 1. PARTIES: Grantor: JASON BUCHER Trustee: FIRST AMERICAN TITLE COMPANY OF OREGON Successor Trustee: NANCY K. CARY Beneficiary: UMPQUA BANK 2. DESCRIPTION OF PROPERTY: The real property is described as follows: A tract of land being a portion of that land described in Instrument No. 200214589 Yamhill County Deed and Mortgage Records, also known as all of Lot 6 and portions of Lots 4 and 5, DICKIE’S SUBDIVISION located in the SE 1/4 NE 1/4, Section 24, Township 3 South, Range 3 West, Willamette Meridian, said tract being more particularly described as follows: Beginning at a 2 iron pipe known as the Initial Point of DICKIE’S SUBDIVISION; thence South 85deg.57’15 West 110.07 feet to an iron rod, said point being the Southeast corner of Lot 6 and the True Point of Beginning; thence South 89deg.16’24 West 169.96 feet to an iron rod at the Southwest corner of Lot 6; thence North 0deg.34’00 West 138.27 feet to an iron rod on the Western boundary of Lot 5; thence North 89deg.20’40 East 170.04 feet to an iron rod; thence South 0deg.32’01 East 138.06 feet to the True Point of Beginning at the Southeast corner of Lot 6. 3. RECORDING. The Trust Deed was recorded as follows: Date Recorded: April 30, 2015 Recording No. 201505793 Official Records of Yamhill County, Oregon 4. DEFAULT. The Grantor or any other person obligated on the Trust Deed and Promissory Note secured thereby is in default and the Beneficiary seeks to foreclose the Trust Deed for failure to pay: Monthly payments in the amount of $1,938.63 each, due the first of each month, for the months of July 2019 through December 2019; plus late charges and advances; plus any unpaid real property taxes or liens, plus interest. 5. AMOUNT DUE. The amount due on the Note which is secured by the Trust Deed referred to herein is: Principal balance in the amount of $291,285.22; plus interest at the rate of 3.750% per annum from June 1, 2019; plus late charges of $293.75; plus advances and foreclosure attorney fees and costs. 6. SALE OF PROPERTY. The Trustee hereby states that the property will be sold to satisfy the obligations secured by the Trust Deed. A Trustee’s Notice of Default and Election to Sell Under Terms of Trust Deed has been recorded in the Official Records of Yamhill County, Oregon. 7. TIME OF SALE. Date: May 21, 2020 Time: 11:00 a.m. Place: Yamhill County Courthouse, 535 E 5th Street, McMinnville, Oregon 8. RIGHT TO REINSTATE. Any person named in ORS 86.778 has the right, at any time that is not later than five days before the Trustee conducts the sale, to have this foreclosure 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, by curing any other default that is capable of being cured by tendering the performance required under the obligation or Trust Deed and by paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed, together with the trustee’s and attorney’s fees not exceeding the amount provided in ORS 86.778. ___________________________________________________________ NOTICE REGARDING POTENTIAL HAZARDS (This notice is required for notices of sale sent on or after January 1, 2015.) 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. ___________________________________________________________ You may reach the Oregon State Bar’s Lawyer Referral Service at 503-684-3763 or toll-free in Oregon at 800-452-7636 or you may visit its website at: Legal assistance may be available if you have a low income and meet federal poverty guidelines. For more information and a directory of legal aid programs, go to Any questions regarding this matter should be directed to Lisa Summers, Paralegal, (541) 686-0344 (TS #30057.31099). DATED: December 18, 2019. Nancy K. Cary, Successor Trustee, Hershner Hunter, LLP, P.O. Box 1475, Eugene, OR 97440. Published Mar. 11, 18, 25 & Apr. 1, 2020. NG157260

ad: 157260

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2020/03/11

End Date: 2020/04/01

Court Number: 30057.31099


County: Yamhill