TRUSTEE’S NOTICE OF SALE TS No. OR01000006-22-1 APN R330784 TO No 220636909-OR-MSI TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed made by, RELIABLE REAL ESTATE LLC, AN OREGON LIMITED LIABILITY COMPANY as Grantor to MATTHEW M. CHAKOIAN, ATTORNEY as Trustee, in favor of RAIN CITY CAPITAL OF OREGON, LLC as Beneficiary dated as of March 9, 2020 and recorded on March 13, 2020 as Instrument No. 2020-030953 and the bene-ficial interest was assigned to RAIN CITY OF OREGON TO AITNO and recorded April 8, 2020 as Instrument Number 2020-041725 of official records in the Office of the Recorder of Multnomah County, Oregon to-wit: APN: R330784 A TRACT OF LAND IN THE SOUTHEAST QUARTER OF SECTION 29, TOWNSHIP 1 SOUTH, RANGE I EAST OF THE WILLAMETTE MERIDIAN, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH AND STATE OF OREGON, DE-SCRIBED AS FOLLOWS: BEGINNING AT A POINT IN THE NORTH AND SOUTH QUARTER LINE THROUGH SAID SECTION 29 WHICH BEARS NORTH 0deg.06′ WEST 1662.30 FEET FROM THE SOUTH QUARTER CORNER OF SAID SECTION 29; THENCE NORTH 0deg.06′ WEST 71.85 FEET; THENCE SOUTH 88deg.57′ EAST 170 FEET; THENCE SOUTH 0deg.06′ EAST 71.85 FEET TO THE NORTH LINE OF S.W. HUBER STREET; THENCE NORTH 88deg.57′ WEST 170 FEET ALONG SAID NORTH LINE TO THE POINT OF BEGINNING. Commonly known as: 10054 SW 35TH AVENUE, PORT-LAND, OR 97219 Both the Beneficiary, Rain City Capital 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 balance of the principal sum which became due June 1, 2022, pursuant to paragraph 4 of the Fifth Loan Modification and Extension Agreement dated March 8, 2022. 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 $321,300.00 together with interest thereon from November 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 May 18, 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), to-gether 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 manu-facturing 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: By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o Special Default Services, Inc. 17100 Gillette Ave, Irvine, CA 92614 (949) 225-5945 Order Number 87666, Pub Dates: 12/9/2022, 12/16/2022, 12/23/2022, 12/30/2022, THE OUTLOOK Published Dec. 9, 16, 23 & 30, 2022 OL267309

ad: 267309

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2022/12/09

End Date: 2022/12/30

Court Number: OR01000006-22-1


County: Multnomah