TRUSTEE’S NOTICE OF SALE TS No. OR07000181-22-1 APN 00536682 TO No 8778370 TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed made by, GLEN L HANSEN as Grantor to CHICAGO TITLE as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), as designated nominee for FRANKLIN AMERICAN MORTGAGE COMPANY, Beneficiary of the security instrument, its successors and assigns, dated as of September 19, 2017 and recorded on September 21, 2017 as Instrument No. 2017-064696 and the beneficial interest was assigned to Citizens Bank, N.A. and recorded July 8, 2022 as Instrument Number 2022-039112 of official records in the Office of the Recorder of Clackamas County, Oregon to-wit: APN: 00536682 THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF Clackamas, STATE OF OR, AND IS DESCRIBED AS FOLLOWS: A portion of Lots 2 and 4, and all of Lot 3, Tract A, MELDRUM, in the City of Gladstone, County of Clackamas and State of Oregon, more particularly described as follows: Beginning at a point in the West line of said Lot 2 a distance of 27.2 feet South of the Northwest corner thereof, said place of beginning being also the Southwest corner of that certain tract of land conveyed to Gulde & Son, Inc., an Oregon corporation, by deed recorded April 30, 1962 in Book 602 Page 784, Deed Records; thence South along the West line of said Lots 2, 3 and 4 a distance of 70 feet ; thence East parallel with the line between Lots 3 and 4 a distance of 117 feet to the East line of said Lot 4; thence North along the East line of said Lots 4, 3 and 2 a distance of 70 feet to the Southeast corner of said Gulde & Son Tract; thence West along the South line of said Gulde & Son Tract a distance of 117 feet to the place of beginning. Commonly known as: 5840 CENTER STREET, GLADSTONE, OR 97027-1934 Both the Beneficiary, Citizens Bank, N.A., 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 04/01/2022 to 09/30/2022 at $14,078.10 Late Charge(s): Late Charge(s) 132.80 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 $336,386.13 together with interest thereon at the rate of 3.50000% per annum from March 1, 2022 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 February 15, 2023 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, at the arbor & water feature located immediately on the north side of the Clackamas County Courthouse steps, 807 Main Street, Oregon City, OR 97045 County of Clackamas, 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: 9/28/22 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 86098, Pub Dates: 10/12/2022, 10/19/2022, 10/26/2022, 11/2/2022, SANDY POST Published Oct. 12, 19, 26 & Nov. 2, 2022. SP260506

ad: 260506

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2022/10/11

End Date: 2022/11/02

Court Number: OR07000181-22-1


County: Clackamas