TRUSTEE’S NOTICE OF SALE TS No.: 102799-OR Loan No.: ***1522 Reference is made to that certain trust deed (the Deed of Trust) executed by DONALD G VANCLEAVE, as Grantor, to AMERITITLE – OR, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., AS DESIGNATED NOMINEE FOR ADVISORS MORTGAGE GROUP, L.L.C., BENEFICIARY OF THE SECURITY INSTRUMENT, ITS SUCCESSORS AND ASSIGNS, as Beneficiary, dated 2/22/2019, recorded 2/28/2019, as Instrument No. 2019 00008135, in Book 4171, Page 97, in the Official Records of Marion County, Oregon, which covers the following described real property situated in Marion County, Oregon: BEGINNING AT A POINT IN THE NORTH LINE OF THE THOMAS D. KEIZER DONATION LAND CLAIM IN TOWNSHIP 7 SOUTH, RANGE 3 WEST OF THE WILLAMETTE MERIDIAN, IN COUNTY OF MARION AND STATE OF OREGON, SAID POINT BEING 1381.60 FEET NORTH 89 DEG. 29′ WEST FROM THE NORTHEAST CORNER OF SAID THOMAS D. KEIZER DONATION LAND CLAIM; AND RUNNING THENCE SOUTH 210.21 FEET TO AN IRON STAKE; THENCE NORTH 89 DEG. 29′ WEST 69.08 FEET TO AN IRON STAKE; THENCE NORTH 210.21 FEET TO A POINT IN THE AFORESAID NORTH LINE OF SAID THOMAS D. KEIZER DONATION LAND CLAIM; THENCE SOUTH 89 DEG. 29′ EAST ALONG SAID NORTH LINE, 69.08 FEET TO THE POINT OF BEGINNING. SAVE AND EXCEPT THE NORTH 20.0 FEET OF THE ABOVE DESCRIBED TRACT OF LAND LYING WITHIN CUMMINGS LANE. ALSO SAVE AND EXCEPT THE SOUTH 75 FEET OF THE ABOVE DESCRIBED TRACT OF LAND. APN: 525549 / 073W03DA06400 Commonly known as: 500 CUMMINGS LANE N KEIZER, OR 97303 The current beneficiary is: REVERSE MORTGAGE FUNDING LLC Both the beneficiary and the trustee have elected to sell the above-described real property to satisfy the obligations secured by the Deed of Trust and notice has been recorded pursuant to ORS 86.752(3). The default for which the foreclosure is made is caused by the death of the borrower. TOTAL REQUIRED TO PAYOFF: $165,663.16 By reason of the default, the beneficiary has declared all obligations secured by the Deed of Trust immediately due and payable, including: the principal sum of $146,696.98 together with interest thereon in the total amount of $14,496.25, plus all accrued late charges, and all trustee’s fees, foreclosure costs, and any sums advanced by the beneficiary pursuant to the terms and conditions of the Deed of Trust Whereof, notice hereby is given that the undersigned trustee, CLEAR RECON CORP, whose address is 111 SW Columbia Street #950, Portland, OR 97201, will on 11/15/2022, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE HIGH STREET ENTRANCE OF THE MARION COUNTY COURTHOUSE, 100 HIGH ST NE, SALEM, OR 97301, sell at public auction to the highest bidder in the form of cash equivalent (certified funds or cashier’s check) the interest in the above-described real property which the grantor had or had power to convey at the time it executed the Deed of Trust, together with any interest which the grantor or his 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 any person named in ORS 86.778 has the right to have the foreclosure proceeding dismissed and the Deed of Trust reinstated by payment to the beneficiary of the entire amount then due (other than the portion of principal that would not then be due had no default occurred), together with the costs, trustee’s and attorneys’ fees, and curing any other default complained of in the Notice of Default by tendering the performance required under the Deed of Trust at any time not later than 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 the Deed of Trust, the words trustee and ‘beneficiary include their respective successors in interest
ad: 249902
Publication: Non-Judicial (Trustee Sales)
Section: Legals
Start Date: 2022/07/27
End Date: 2022/08/17
Court Number: 102799-OR
City: SANTA ANA
County: Marion