TRUSTEE’S NOTICE OF SALE TS No. OR01000012-20-2 APN R210613 TO No 8766091 TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed made by BUILD URBAN, LLC A WASHINGTON LIMITED LIABILITY COMPANY as Grantor, to WFG NATIONAL TITLE INSURANCE COMPANY as Trustee, in favor of ASCENT CAPITAL FUND III as Beneficiary, dated as of December 4, 2017 and recorded December 7, 2017 as Instrument No. 2017-147045 and that said Deed of Trust was modified by Modification Agreement and recorded November 18, 2019 as Instrument Number 2019-125284 and that said Deed of Trust was modified by Modification Agreement and recorded December 11, 2020 as Instrument Number 2020-016713 and an UNCONDITIONAL GUARANTY DATED DECEMBER 4, 2017, EDISON GALLAUDET GUARANTOR covering the following described real property situated in the above-mentioned county and state, to wit: LOT 4, BLOCK 35, M. PATTON`S SECOND ADDITION TO ALBINA, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH AND STATE OF OREGON Commonly known as: 5134 N. INTERSTATE, PORTLAND, OR 97217 APN: R210613 Both the Beneficiary, ASCENT CAPITAL FUND III LLC, A WASHINGTON LIMITED LIABILITY COMPANY, and the Trustee, Nathan F. Smith, Esq., have elected to sell the said real property to satisfy the obligations secured by said Trust Deed and notice has been recorded pursuant to Section 86.735(3) of Oregon Revised Statutes. The default for which the foreclosure is made is the Grantor’s failure to pay: Payoff- Maturity Principal Balance $765,000.00 Unpaid Interest $83,974.54 Default Interest 120,046.39 Late Fees $10,371.19 Forbearance Fee $30,600.00 Extension Fee $8,925.00 Reconveyance Fee $300.00 Foreclosure Fee/Cost(s) $17,048.00 TOTAL REQUIRED TO PAYOFF: $1,036,265.12 By this reason of said default the Beneficiary has declared all obligations secured by said Trust Deed immediately due and payable, said sums being the following, to-wit: THE UNPAID PRINCIPAL BALANCE IN THE AMOUNT OF $765,000.00 WHICH BECAME ALL DUE AND PAYABLE ON APRIL 1, 2020, WITH INTEREST DUE THERON FROM MARCH 1, 2020 ALONG WITH LATE CHARGES, PLUS FORECLOSURE COSTS AND LEGAL FEES, IN ADDITION TO ALL OF THE TERMS AND CONDITIONS AS PER THE DEED OF TRUST, PROMISSORY NOTE AND ALL RELATED LOAN DOCUMENTS. Wherefore, notice is hereby given that, the undersigned Trustee will on September 28, 2021 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, in the vestibule, immediately inside the Fourth Avenue entrance to the Multnomah County Courthouse, 1021 SW Fourth Ave, Portland, OR 97204 County of Multnomah, 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 him of the said Trust Deed, together with any interest which the Grantor or his 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 Section 86.753 of Oregon Revised Statutes has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the Beneficiary of the entire amount then due (other than such portion of said principal as would not then be due had no default occurred), together with the costs, Trustee’s or attorney’s fees and curing any other default complained of in the Notice of Default by tendering the performance required under the obligation or Trust Deed, at any time prior to five days before the date last set for 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. In construing this notice, the masculine gender includes the feminine and the neuter, the singular includes plural, the word Grantor includes any successor in interest to the Grantor as well as any other persons owing an obligation, the performance of which is secured by said Trust Deed, the words Trustee and Beneficiary includes their respective successors in interest, if any. Dated April 29, 2021: By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o Special Default Services, Inc. 17100 Gillette Ave, Irvine, CA 92614 (949) 225-5945 Order Number 74710, Pub Dates: 5/14/2021, 5/21/2021, 5/28/2021, 6/4/2021, THE OUTLOOK. Published May 14, 21, 28 & June 4, 2021. OL202115

ad: 202115

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2021/05/14

End Date: 2021/06/04

Court Number: OR01000012-20-2


County: Multnomah