TRUSTEE’S NOTICE OF SALE TS No. OR07000023-21-1 APN R292794 TO No 210502824 TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed made by, JOHN R. TAYLOR AND DELLA M. TAYLOR, AS TENANTS BY THE ENTIRETY as Grantor to ALLIANCE TITLE COMPANY as Trustee, in favor of FINANCIAL FREEDOM SENIOR FUNDING CORPORATION, A SUBSIDIARY OF INDYMAC BANK, F.S.B. as Beneficiary dated as of June 30, 2006 and recorded on July 11, 2006 as Instrument No. 2006-127113 and the beneficial interest was assigned to REVERSE MORTGAGE FUNDING LLC and recorded August 21, 2021 as Instrument Number 2021-123922 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R292794 LOT 23 AND 24, BLOCK 165, UNIVERSITY PARK, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH AND STATE OF OREGON Commonly known as: 8705 NORTH FOSS AVENUE, PORTLAND, OR 97203 Both the Beneficiary, Reverse Mortgage Funding, 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 the principal balance which became all due and payable based upon the death of all mortgagors, pursuant to paragraph 7(A)(I) under the Note, and pursuant to paragraph 9(A)(I) of the Deed of Trust. 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 $170,929.19 together with interest thereon from October 24, 2020 until paid; 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 21, 2023 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, outside at the main front entrance to the courthouse, 1200 SW 1st Avenue, 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: October 6,2022 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 86342, Pub Dates: 10/19/2022, 10/26/2022, 11/2/2022, 11/9/2022, THE OUTLOOK Published Oct. 19, 26, Nov. 2 & 9, 2022 OL261641
ad: 261641
Publication: Non-Judicial (Trustee Sales)
Section: Legals
Start Date: 2022/10/18
End Date: 2022/11/09
Court Number: OR07000023-21-1
City: IRVINE
County: Multnomah