TRUSTEE’S NOTICE OF SALE The Successor Trustee, under the Trust Deed in this notice, at the direction of the Beneficiary, elects to sell the property described in the Trust Deed to satisfy the obligation secured by the Trust Deed. Pursuant to ORS 86.745, the following information is provided: 1. PARTIES: GRANTORS: Nordstrom Family, LLC BORROWERS: Andrew and Christine Nordstrom GUARANTORS: Andrew and Christine Nordstrom TRUSTEE: Ticor Title Insurance Company SUCCESSOR TRUSTEE’S NAME AND ADDRESS: Owen W. Von Flue, OSB No. 024756 Attorney at Law P.O. box 800 Silverton, Oregon 97381 BENEFICIARY David Nordstrom 2. DESCRIPTION OF PROPERTY COVERED BY THE TRUST DEED: Lot 7 and the East 32 feet of the South one-half of lot 6, Block 10, Yew Park Addition to the City of Salem, County of Marion and State of Oregon. AND The South half of Lot 5 and the West 12.00 feet of the North half of Lot 5, and the West 38.00 feet of the South half of Lot 6, Block 10, YEW PARK ADDITION to the City of Salem, Marion County, Oregon. The Property is commonly known as 1165 Cross Street SE, Salem, OR 97302. 3. RECORDING: The Trust Deed dated March 18, 2010, recorded March 18, 2010, Reel 3159, Page 314, Records of Marion County Oregon. 4. DEFAULT FOR WHICH FORECLOSURE IS MADE AND SUM OWING: Failure to pay the balloon payment of the outstanding principal balance of $273,533 when due January 1, 2017, together with outstanding interest thereon at the statutory rate of 9% from January 1, 2017 until paid; plus delinquent property taxes, if any; 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. 5. ELECTION TO SELL: The property will be sold on July 13, 2022* to the highest bidder to satisfy the obligation. 6. RIGHT TO REINSTATE: The right exists under ORS 86.778 (Discontinuance of foreclosure proceedings after cure of default) to have the proceeding dismissed and the trust deed reinstated by paying the entire amount then due, together with costs, trustee’s fees and attorney fees, and by curing any other default complained of in the notice of default, at any time that is not later than five days before the date last set for the sale. 7. WARNING: 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. Owen W. Von Flue, Successor Trustee *The Sale has been postponed until September 7, 2022, at 11:00 AM, on the steps of the Marion County Courthouse. Published July 27, Aug. 3, 10 & 17, 2022. WI250526

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Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2022/07/27

End Date: 2022/08/17


County: Marion