TRUSTEE’S NOTICE OF SALE TS NO.: 20-60868 Reference is made to that certain Line of Credit Deed of Trust, Security Agreement and Assignment of Leases and Rents (hereinafter referred as the Trust Deed) made by INFINITE SYNERGY INSURANCE AGENCY, LLC as Grantor to T.D. SERVICE COMPANY, A CALIFORNIA CORPORATION, as trustee, in favor of VELOCITY COMMERCIAL CAPITAL, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, as Beneficiary, dated 5/30/2019, recorded 5/31/2019, as Instrument No. 2019-029981, in mortgage records of Clackamas County, Oregon covering the following described real property situated in said County and State, to-wit: PARCEL 1, PARTITION PLAT NO. 2003-004, IN THE COUNTY OF CLACKAMAS AND STATE OF OREGON. Together with: (i) all rights now or hereafter existing, belonging, pertaining or appurtenant thereto; (ii) the following categories of assets as defined in the Uniform Commercial Code: goods (including inventory, equipment and any accessions thereto), instruments (including promissory notes), documents, accounts (including health-care-insurance receivables), chattel paper (whether tangible or electronic), deposit accounts, letter-of-credit rights (whether or not the letter of credit is evidenced by a writing), all tort claims relating in any way to the following: see legal description attached hereto and made a part thereof, securities and all other investment property, general intangibles (including i payment intangibles and software), supporting obligations and any and all proceeds of any thereof, whether now owned or hereafter acquired, that are located on or used in connection with, or that arise in whole or in part out of the Grantor’s use of or business conducted on or respecting, the Property and any substitutions, replacements, accessions and proceeds of any of the foregoing; (iii) all judgments, awards of damages and settlements hereafter made as a result or in lieu of any Taking, as defined in the Deed of Trust; (iv) all of the rights and benefits of the Grantor under any present or future leases and agreements relating to the Property, including, without limitation, rents, issues and profits, or the use or occupancy thereof together with any extensions and renewals thereof, specifically excluding all duties or obligations of the Grantor of any kind arising thereunder (the Leases); and (v) all contracts, permits and licenses respecting the use, operation or maintenance of the Property. The street address or other common designation, if any for the real property described above is purported to be: 16015 SOUTHEAST OATFIELD ROAD MILWAUKIE, OREGON 97267-3935 The Tax Assessor’s Account ID for the Real Property is purported to be: 00453039 / 22E07CB05400 Both the beneficiary and the trustee, ZBS Law, LLP have elected to foreclose the above referenced Trust Deed and sell the said real property to satisfy the obligations secured by the Trust Deed and a Notice of Default and Election to Sell has been recorded pursuant to ORS 86.752(3). All right, title, and interest in the said described property which the grantors had, or had power to convey, at the time of execution of the Trust Deed, together with any interest the grantors or their successors in interest acquired after execution of the Trust Deed shall be sold at public auction to the highest bidder for cash to satisfy the obligations secured by the Trust Deed and the expenses of sale, including the compensation of the trustee as provided by law, and the reasonable fees of trustee’s attorneys. The default for which the foreclosure is made is: The monthly installment of principal and interest which became due on 10/1/2019, late charges, and all subsequent monthly installments of principal and interest. You are responsible to pay all payments and charges due under the terms and conditions of the loan documents which come due subsequent to the date of this notice, including, but not limited to, foreclosure trustee fees and costs, advances and late charges. Furthermore, as a condition to bring your account in good standing, you must provide the undersigned with written proof that you are not in default on any senior encumbrance and provide proof of insurance. Nothing in this notice should be construed as a waiver of any fees owing to the beneficiary under the deed of trust, pursuant to the terms and provisions of the loan documents. The amount required to cure the default in payments to date is calculated as follows as of 4/30/2020: From: 10/1/2019 Total of past due payments: $26,250.00 Late Charges: $1,557.50 Additional charges (Taxes, Insurance, Corporate Advances, Other Fees): $1,892.00 Default Interest: $16,875.00 Trustee’s Fees and Costs: $1,168.00 Total necessary to cure: $47,742.50 Please note the amounts stated herein are subject to confirmation and review and are likely to change during the next 30 days. Please contact the successor trustee ZBS Law, LLP, to obtain a reinstatement’ and or payoff quote prior to remitting funds. By reason of said default the beneficiary has declared all sums owing on the obligation secured by the Trust Deed due and payable. The amount required to discharge this lien in its entirety as of 4/30/2020 is: $501

ad: 165777

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2020/06/02

End Date: 2020/06/24

Court Number: 20-60868


County: Clackamas