TRUSTEE’S NOTICE OF SALE Trustee Sale No.: F21-00010 OR Pursuant to O.R.S. 86.705, et seq. and O.R.S. 79-5010, et seq. Loan No.: 6723045726 / 646678128 Title Order No.: NCS-01054210 Reference is made to that certain Deed of Trust, Security Agreement and Assignment of Leases and Rents (the Deed of Trust) for which U.S. Bank National Association as Trustee for Velocity Commercial Capital Loan Trust 2020-1 is the current beneficiary, made by JJS Group LLC, an Oregon limited liability company, whose address is 2395 Crestmont Circle South, Salem, Oregon 97302, as grantor, T.D. Service Company, a California corporation, whose address is 4000 West Metropolitan Drive, #400, Orange, California 92868, as trustee, in favor of Velocity Commercial Capital, LLC, a California Limited Liability Company, whose address is 30699 Russell Ranch Road, Suite 295, Westlake Village, California 91362, as beneficiary, dated as of 12/13/2019 and recorded on 12/23/2019 as Instrument No. 2019 00063279, Reel 4281, Page 241, of Official Records in the office of the Recorder of Marion; Oregon, covering the following described real and personal property (the Property) situated in said county and state to wit: Legal Description: Lots 3 And 4, Block 3, Parrish’s Addition A To The City Of Salem, In The City Of Salem, Marion County And State Of Oregon. (Plat Volume 1, Page 81) Save And Except The West 80.00 Feet Of Said Lots. Personal Property Description: See Attached Exhibit A APN: 585644 formally known as R85644 Property Commonly Known As: 1020-1040 Market Street Northeast, Salem, OR 97301 Both the beneficiary and the trustee have elected to sell the real property to satisfy the obligations secured by the Deed of Trust and a notice of default has been recorded pursuant to Oregon Revised Statutes 86.752(3); the default for which foreclosure is made is grantor’s failure to pay when due installments of principal and/or interest commencing with the installment due on September 1, 2020 and each of the subsequent installments due thereafter, plus all amounts referenced herein and all subsequent amounts accruing hereafter until paid, including, but not limited to, late charges, default interest, costs and expenses, title expenses, trustee’s fees and attorneys’ fees and further sums advanced by the beneficiary; plus a prepayment premium, if applicable. Unpaid Principal $398,079.42; Interest $21,115.01; Default Interest $10,045.02; Late Charges $293.22; Misc. Fees $1,021.00; Foreclosure Fees & Costs $4,903.22; Escrow Advance $980.91; Prepayment Penalty $15,923.17; Deferred Principal $8,796.81; Total Due $461,157.78 By reason of said default, the beneficiary has declared all sums owing on the obligation secured by said Deed of Trust immediately due and payable including, without limitation, the unpaid and outstanding principal amount of the promissory note made by the Grantor in connection with the obligation secured by said Deed of Trust in the original principal amount of $400,000.00, plus all amounts referenced herein and all subsequent amounts accruing hereafter until paid, including late charges, default interest, costs and expenses, title expenses, trustee’s fees and attorneys’ fees and further sums advanced by the beneficiary; plus a prepayment premium, if applicable. Wherefore, notice hereby is given that the undersigned trustee will on 08/03/2021 at the hour of 10:00AM. in accord with the standard of time established by Oregon Revised Statutes (ORS) 187.110, at the following place: On the outside steps of the main entrance of the Marion County Courthouse, 100 High Street, N.E., Salem, OR 97301, sell at public auction to the highest bidder for cash the interest in the described Property which the grantor had or had power to convey at the time of the execution by Grantor of the Deed of Trust, together with any interest which the Grantor or Grantor’s successors in interest acquired after the execution of the Deed of Trust, 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 for reinstatement or payoff quotes requested pursuant to ORS 86.786 must be timely communicated in a written request that complies with that statute addressed to the trustee’s Urgent Request Desk either by personal delivery to the trustee’s physical offices (call for address) or by first class, certified mail, return receipt requested, addressed to the trustee’s at the address set forth in this notice. Due to potential conflicts with federal law, persons having no record legal or equitable interest in the subject Property will only receive information concerning the lender’s estimated or actual bid. 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 Deed of Trust 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 Deed of Trust, and in addition to paying said sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and Deed of Trust, together with trustee’s and attorney’s fees not exceeding the amounts provided by said ORS 86.778. Requests from persons named in ORS 86.778 for reinstatement quotes received less than six days prior to the date set for the trustee’s sale will be honored only at the discretion of the beneficiary or if required by the terms of the subject loan documents relating to the Deed of Trust. 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 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 said Deed of Trust, and the words trustee and beneficiary include their respective successors in interest, if any. The Property Covered In This Action Includes All Such Real Property And The Personal Property In Which The Beneficiary Has A Security Interest Described Herein And In Exhibit A Attached Hereto, Respectively, It Being The Election Of The Current Beneficiary Under Said Deed Of Trust To Cause A Unified Sale To Be Made Of Said Real And Personal Property In Accordance With The Provisions Of ORS 79.0604(1). For Sale Information Call: 877-440-4460 or Login to: Dated: March 26, 2020 ZBS Law, LLP By /s/Jeffrey A. Myers, Esq., OSB 094561 Title: Managing Attorney, Authorized to Sign on Behalf of the Trustee Physical Address: Jeffrey A. Myers ZBS Law, LLP 5 Centerpointe Drive, Suite 400-47 Lake Oswego, OR 97035 For further information, please contact: ZBS Law, LLP do Assured Lender Services, Inc. 111 Pacifica, Suite 140 Irvine, CA 92618 714-508-7373 Fax: 714-505-3831 This Communication Is From A Debt Collector And Is An Attempt To Collect A Debt. Any Information Obtained Will Be Used For That Purpose. Exhibit A All equipment, fixtures, and other articles of personal property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any such property; and together with all proceeds (including without limitation all insurance proceeds and refunds of premiums) from any sale or disposition of the Property. Published June 16, 23, 30 & July 7, 2021. WI206073

ad: 206073

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2021/06/16

End Date: 2021/07/07

Court Number: 6723045726 / 646678128


County: Marion