TRUSTEE’S NOTICE OF SALE REFERENCE IS

TRUSTEE’S NOTICE OF SALE REFERENCE IS MADE TO THAT CERTAIN TRUST DEED made by Thomas Newton as the Grantor, Michael E. Knapp as the Trustee, and Lawrence W. Bourn and Patricia D. Bourn, Trustees of the Bourn Living Trust dated July 19, 2000 as the Beneficiary, dated April 15, 2016 and recorded on April 18, 2016 as Reel 3808 Page 190, of the Records of Marion County, Oregon, covering the following described real property situated in that county and state; 4002 Vitae Springs Rd S, Salem, OR 97306 and legally described as: Beginning at the Northeast corner of a tract of land conveyed to Herbert P. Noble by deed recorded September 2, 1958, in Volume 515, Page 329, Deed Records of Marion County, Oregon, said point is on the East line of Section 24, Township 8 South, Range 4 West of the Willamette Meridian, and being 1690.80 feet south 0deg. 30′ 49 West from the East quarter corner of said Section 24; thence North 88deg. 27′ 45 West parallel to the South line of George Jeffery Donation Land Claim No. 69 in said Township and Range 2198.87 feet; thence South 84deg. 50′ 28 West 802.64 feet to an iron pipe; thence South 1deg. 14′ 20 West 96.07 feet to an iron pipe; thence South 9deg. 02′ 10 East 92.36 feet to said South line of George Jeffery Donation Land Claim; thence North 88deg. 27′ 45 West along said South line 867.18 feet to the Southeast corner of River Spring Subdivision; thence North 0deg. 35′ 00 East along the East line of said River Springs Subdivision 3288.54 feet to the centerline of County Road No. 802; thence along said centerline the following courses: North 72deg. 11′ 10 East 162.28 feet; North 83deg. 54′ 20 East 465.44 feet; South 46deg. 12′ 40 East 318.20 feet; North 44deg. 41′ 00 East 492.36 feet to the East line of the West half of said Section 24; thence South 0deg. 03′ 45 East along said East line 984.28 feet to an iron pipe; thence South 89deg. 54′ 47 East 2640.18 feet to a stone on the East side of said Section 24; thence South 0deg. 04′ 47 West along said East line 661.10 feet to the East quarter corner of said Section 24; thence South 0deg. 30′ 49 West along said East line 1690.80 feet to the point of the beginning. Also beginning on the East line of Section 24, Township 8 South, Range 4 West of the Willamette Meridian, Marion County, Oregon at a point 10 chains South of the Northeast corner of said Section 24; thence South on said East line of said Section 24, a distance of 20.00 chains; thence West 0.25 chains, thence North parallel to said East line of said Section 24, a distance of 20 chains, thence East 25 links to the place of beginning. Save and except that portion of the above described parcel lying within the right of way of County Road No. 802. Also except that portion of the proposed right of way for realignment of County Road No. 802, deeded from C. Bruce Merrill and Maxine Merrill to Marion County on January 27, 1971. Also save and except: all that property lying within the limits of River Springs Subdivision: being further described in Volume 29, Page 8, Plat Records for Marion County, Oregon. This legal description was created prior to January 1, 2008. Both 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 Oregon Revised Statutes 86.752(3). The default for which the foreclosure is made is grantor’s failure to pay when due the following sums: Monthly principal and interest payments of $2,500.00 each beginning July 15, 2020, until paid, plus delinquent property taxes; the cost of foreclosure report; attorney’s fees; together with any other sums due or that may become due under the Note or by reason of this foreclosure and any further advances made by Beneficiary as allowed by the Note and Deed of Trust. By reason of the default, the beneficiary has declared all sums owing on the obligation secured by the trust deed immediately due and payable, those sums being the following, to-wit: The principal sum of $581,469.49 with interest on the principal balance at the rate of 4% per annum, from February 3, 2021, until paid; delinquent property taxes; the cost of the foreclosure report; attorney’s fees, together with any other sums due or that may become due under the Note or by reason of this foreclosure and any further advances made by Beneficiary as allowed by the Note and Deed of Trust. WHEREFORE, NOTICE IS HEREBY GIVEN that the undersigned trustee will on June 30, 2021, at the hour of 10:00 a.m. PDT in accord with the standard of time established by ORS 187.110 at the following place: Marion County Courthouse, 100 High St NE, Salem, Marion County, Oregon, sell at public auction to the highest bidder for cash the interest in the real property described above which the grantor had or had power to convey at the time of the execution by grantor of the trust deed together with any interest which the grantor or grantor’s successors in interest acquired after the execution of the trust deed, to satisfy the foregoing obligations thereby secured and the costs and expenses of the sale, including a reasonable charge by the trustee. Notice is further given that any person named in ORS 86.778 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 those 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 and attorney fees not exceeding the amounts provided by ORS 86.778. 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 the trust deed, and the words trustee and beneficiary include their respective successors in interest, if any. For more information, contact Michael E. Knapp, Trustee, Knapp Davis Chartrey LLC, 2355 State Street, Salem Oregon 97301; (503) 391-0664. Published Mar. 10, 17, 24 & 31, 2021. WI195079

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