TRUSTEE’S NOTICE OF SALE Michael C. Wold and P. Ardine Wold, as Grantors, made, executed, and delivered to, Western Title & Escrow Company, as Trustee (Sherman Sherman Johnnie and Hoyt, LLP is now the duly appointed Successor Trustee), in favor of Julie Donnelly, as Beneficiary, that certain trust deed dated November 25, 2007, and recorded January 17, 2008, Instrument No. 200800878, of the Records of Yamhill County, Oregon (the Trust Deed), covering the following described real property (20077 Powerhouse Hill Road, McMinnville, OR 97128) situated in said County and State: THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF Yamhill, STATE OF OR, AND IS DESCRIBED AS FOLLOWS: Parcel 1: That portion of the South half of the Northeast Quarter of Section 17, Township 4 South, Range 5 West of the Willamette Meridian in Yamhill County, Oregon, lying Southerly and Easterly of County Road No. 284. Excepting therefrom that portion conveyed to Douglas W. Burch, et. ux. by Deed recorded July 17, 1979 in Film Volume 141, Page 1981, Deed Records. Parcel 2: A part of the John H. Berry Donation Land Claim No. 50 in Township 4 South, Range 5 West of the Willamette Meridian in Yamhill County, Oregon, described as follows: Beginning at an iron pipe 2 x 36 inches at the Southwest corner of said Berry Claim; thence North 00deg.23′ West 666.6 feet; thence East 140 feet to the center of County Road No. 28 thence along the center of Said road as follows: North 06deg.06′ East 34.0 feet; thence North 80deg.14′ East 54.4 feet; South 72deg.00′ East 435 feet; South 82deg.11′ East 132.4 feet; thence South 57deg.51′ East 86.8 feet to a stake at the Northwesterly corner of the tract conveyed to Ohmar O. Fronk by Deed recorded June 1, 1928 in Book 99, Page 124, Deed Records; thence South 68deg. 03′ East 1.18 chains; thence South 81deg.10′ East 1.76 chains to a stake; thence South 49deg.17′ East 2.63 chains to stake; thence South 40deg.19′ East 1.36 chains to a stake; thence South 27deg.10′ East 2.75 chains to angle; thence South 58deg.05′ East 2.80 chains to stake that is South 88deg.50′ East 4.30 chains from an iron pipe at the Northwest corner of the John E. Brooks Donation Land Claim No. 49; thence South 88deg.50′ West 4.30 chains; thence West 13.79 chains to the Place of Beginning. Excepting therefrom the strip of land conveyed by Charles S. Jonas to Yamhill County for road purposes by Deed recorded August 4, 1914 in Book 68, Page 147, Deed Records. Also excepting therefrom that portion of the above described tract lying between the East line of County Road No. 284 and the West Section line of Section 16, Township 4 South, Range 5 West of the Willamette Meridian in Yamhill County, Oregon. The Beneficiary and the Trustee have elected to sell the real property to satisfy the obligations secured by the Trust Deed and a notice of default has been recorded pursuant to ORS 86.752(3); the default for which the foreclosure is made is Grantors’ failure to pay when due the monthly installments in the amount of $10,000.00 each, for the months of November, 2019, December 2019 and January 2020, according to the terms of promissory note, secured by the Trust Deed described above, namely: $30,000.00 Monthly installments; $569.00 Attorney Fees as of January 1, 2020, $1,500.00 Title reports; $32,069.00 TOTAL PAST DUE as of January 1, 2020. By power given the Beneficiary under the Trust Deed, Beneficiary herewith declares all sums due under the Trust Deed to be immediately due, owing, and payable without further demand. The true amount due and owing the Beneficiary by the Grantor herein, is as follows: $100,000.00 Principal; $569.00 Attorney Fees as of 01/012020, $1,500.00 Title reports $444,238.67 Interest through 01/01/2020; $546,307.67 Balance due on Trust Deed as 01/01/2020, plus interest accruing thereafter at the rate of 20% compounded monthly, until paid in full, plus the cost of attorney’s fees, and trustee’s fees; together with any other sums due or that may become due under the Note or by reason of the default, this foreclosure and any further advances made by Beneficiary as allowed by the Note and Deed of Trust. Notice is hereby given that the undersigned will on Tuesday, June 16, 2020, at 9:00 o’clock a.m., Pacific Time, on the front steps of the Yamhill County Courthouse, 535 NE 5th St, McMinnville, Oregon, sell at public auction to the highest bidder for cash the interest in the said described real property which the Grantors had or had power to convey at the time of the execution by them of the 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 86.778 has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment of the entire amount due (other than such portion of said principal as would not then be due had not default occurred), together with costs, trustee’s and attorney’s fees as provided by ORS 86.778, and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation of the Trust Deed at any time prior that is not later than five (5) days before the date set for said 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. NOTICE REQUIRED BY THE FAIR DEBT COLLECTION PRACTICES ACT. (FDCPA) 15 USC SECTION 1692. We are attempting to collect a debt on behalf of the beneficiary named in the attached Trustee’s Notice of Sale (also referred to as the creditor) and any information obtained will be for that purpose. This debt is owed to the creditor in the amount described in the notice. Under some circumstances, you may receive more than one copy of this notice. Unless you dispute the validity of this debt, or any portion thereof, within 30 days after your first receipt of the original or a copy of this notice, we will assume the debt to be valid. If you notify us in writing within 30 days after your first receipt of the original or a copy of this notice that the debt, or any portion thereof, is disputed, we will obtain verification of the debt or (if applicable) a copy of a judgment against you and a copy of the verification or (if applicable) a copy of a judgment will be mailed to you. We will provide you with the name and address of the original creditor, if different from the creditor named above, if you notify us in writing within 30 days after your first receipt of the original or a copy of this notice that you request such information. SHERMAN SHERMAN JOHNNIE AND HOYT, LLP, Successor Trustee, Gina Anne Johnnie, Agent for Successor Trustee, Mailing address: PO Box 2247, Salem, Or 97308. Published Apr. 1, 8, 15 & 22, 2020. NG158999

ad: 158999

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2020/04/01

End Date: 2020/04/22


County: Yamhill