TRUSTEE’S NOTICE OF SALE TS No. OR05000048-22-1 APN R269110 TO No 220329562-OR-MSI TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed made by, GEORGE N FULTON AND ELAINE M FULTON, AS TENANTS BY THE ENTIRETY as Grantor to ORANGE COAST TITLE CO. as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), as designated nominee for QUICKEN LOANS INC., Beneficiary of the security instrument, its successors and assigns, dated as of September 22, 2005 and recorded on September 28, 2005 as Instrument No. 2005-185759 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R269110 THE NORTH 7.48 FEET OF LOT 6 AND ALL OF LOT 7, BLOCK 3, SHADY ACRES ADDITION, IN THE COUNTY OF MULTNOMAH AND STATE OF OREGON. Commonly known as: 5314 NE 49TH AVE, PORTLAND, OR 97218 Both the Beneficiary, LoanCare, LLC, and the Trustee, Nathan F. Smith, Esq., OSB #120112, 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: Failed to pay payments which became due Monthly Payment(s): 1 Monthly Payment(s) from 02/01/2021 to 08/31/2022 at $37,997.29 Monthly Late Charge(s): 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 sum of $170,486.45 together with interest thereon at the rate of 5.50000% per annum from January 1, 2021 until paid; plus all accrued late charges thereon; and all Trustee’s fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the terms of said Trust Deed. Wherefore, notice is hereby given that, the undersigned Trustee will on January 3, 2023 at the hour of 01:00 PM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, Main Entrance Plaza, Multnomah County Courthouse, 1200 SW First 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: 8/17/2022 By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o TRUSTEE CORPS 17100 Gillette Ave, Irvine, CA 92614 949-252-8300 Order Number 84963, Pub Dates: 8/31/2022, 9/7/2022, 9/14/2022, 9/21/2022, THE OUTLOOK Published Aug. 31, Sep. 7, 14 & 21, 2022 OL254376
ad: 254376
Publication: Non-Judicial (Trustee Sales)
Section: Legals
Start Date: 2022/08/30
End Date: 2022/09/21
Court Number: OR05000048-22-1 APN R269110 TO No 220329562-OR-MSI
City: IRVINE
County: Multnomah