TRUSTEE’S NOTICE OF SALE (ORS 86.771) The trust deed to be foreclosed and sold pursuant to Oregon law is referred to as follows: Dated : August 1, 2019 Recorded : August 6, 2019 Grantor : Gary Murdoch Trustee : First American Beneficiary : Sortis Financial, Inc. Recording Number : 2019-010714 County of Recording : Yamhill County The above referenced trust deed (the Trust Deed) covers the real property situated in the County of Yamhill and State of Oregon commonly known as 23950 NE Dillon Road, Newberg, Oregon 97132 and as more particularly described below (the Property): A portion of Tract 32 in HURLEY’S FRUITLAND SUBDIVISION in Yamhill County, Oregon, described as follows: BEGINNING at the Northeast corner of said Tract 32, thence South 00deg. 16′ West along the East line of said tract, a distance of 726 feet to an iron pipe; thence North 89deg. 24′ West 120 feet to an iron pipe; thence North 00deg. 16′ East 726 feet to the North line of said tract; thence South 89deg. 24′ East 120 feet to the Point of Beginning. NOTE: This legal description was created prior to January 1, 2008. Sortis Income Fund, LLC (the Beneficiary), the successor beneficiary under an Assignment of Deed of Trust recorded on September 3, 2019 as Yamhill County Recorder’s Fee No. 2019-12389 from Sortis Financial, Inc., appointed Field Jerger LLP as the Successor Trustee (the Trustee), to the Trust Deed. The Trustee’s mailing address is: 621 SW Morrison St. #510, Portland, OR 97205. There is a default by the Grantor or other persons owing an obligation, the performance of which is secured by said Trust Deed, or by the successor in interest, with respect to provisions therein which authorize a sale in the event of default of such provision; the default for which foreclosure is made by Grantor’s failure to pay when due, the following sums: All principal, interest and other charges outstanding as of the August 1, 2020 Maturity Date provided for in the promissory note dated August 1, 2019 for which the Trust Deed was granted as security. By reason of said default, the Beneficiary has declared all sums owing on the obligation secured by said Trust Deed immediately due and payable, said sums being the following: UNPAID PRINCIPAL BALANCE OF TWO HUNDRED SEVENTY SEVEN THOUSAND FIVE HUNDRED DOLLARS ($277,500.00) PLUS TWENTY TWO THOUSAND TWO HUNDRED DOLLARS ($22,200.00) in interest and accrued through April 1, 2021, plus interest accrued thereafter at the note rate of 12%, plus unpaid taxes with interest and penalties, if any, together with escrow advances, foreclosure costs, Trustee fees, attorney’s fees, sums required for the protection of the property, and additional sums secured by the Trust Deed. NOTICE Notice is hereby given that the Beneficiary and current Trustee by reason of said default, have elected and do hereby elect to foreclose said Trust Deed by advertisement and sale pursuant to ORS 86.705 to 86.815, and to cause to be sold at public auction, to the highest bidder for cash, the interest in the said described property which the Grantor had, or had the power to convey, at the time of the execution by the Grantor of the Trust Deed, together with any interest Grantor or Grantor’s successors in interest acquired after the execution of the Trust Deed, to satisfy the obligations secured by said Trust Deed and the expenses of the sale, including the compensation of the Trustee as provided by law, and the reasonable fees of Trustee’s attorneys. In accord with the standard of time established by ORS 187.110 the sale will be held at the hour of 10:00 a.m. on September 13, 2021 at the exterior of the main public entrance to Yamhill County Circuit Court, 535 NE 5th Street, McMinnville, OR 97128. NOTICE OF RIGHT TO CURE Notice is further given that any person named in ORS 86.778 has the right, at any time not later than to five (5) days before the date last set for the sale, to have this foreclosure proceeding dismissed and the Trust Deed reinstated by doing all of the following: 1. Paying the entire amount then due to the Beneficiary (other than such portion of the principal as would not then be due had no default occurred); 2. Curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation under the Trust Deed; and 3. Paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed, together with Trustee’s and attorney’s fees not exceeding the amounts provided in ORS 86.778. 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 a trustee’s sale. FIELD JERGER LLP By: Jonathan C. Smale, Partner OSB #091518 621 SW Morrison St. #510 Portland, OR 97205 Telephone: (503) 228-9115 Published June 30, July 7, 14 & 21, 2021. NG207222

ad: 207222

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2021/06/30

End Date: 2021/07/21


County: Yamhill