TRUSTEE’S NOTICE OF SALE Reference is made to that certain Trust Deed (the Trust Deed) made by Adamson Holdings, LLC, an Oregon limited liability company, as grantor (the Grantor), to WFG National Title Insurance Company, as the trustee, in favor of Brad Bigelow, Richard Taylor, and Neil Tunmore, collectively as beneficiary (the Beneficiary), dated April 16, 2021, and recorded on April 19, 2021, as Instrument No. 2021-062885, in the Official Records of Multnomah County, Oregon, covering the Grantor’s interest in the following described real property situated in the above-mentioned county and state, to-wit: Lots 7, 8, 9 and 10, Block 8, BERTHA, together with the East one-half of S.W. 24th Avenue, which inured thereto upon vacation by City of Portland Ordinance No. 144355, recorded November 8, 1977 in Book 1220, Page 867, in the City of Portland, County of Multnomah and State of Oregon. Commonly known as 2307 SW Nebraska Street, Portland, OR 97239. The current trustee under the Trust Deed is Christopher R. Ambrose (the Trustee). The undersigned hereby certifies that no assignments of the Trust Deed by the Trustee or by the Beneficiary and no appointments of a successor trustee have been made, except as are or will be recorded in the Records of the county or counties in which the Property is situated. Further, no action has been instituted to recover the debt, or any part thereof, now remaining secured by the Trust Deed, or, if such action has been instituted, such action has been dismissed except as permitted by ORS 86.735(4). Both the Beneficiary and the Trustee have elected to sell the Property and Personal Property to satisfy the obligations secured by said Trust Deed and Security Instruments and a notice of default has been recorded pursuant to Oregon Revised Statutes 86.752(3); the default for which the foreclosure is made is Grantor’s failure to pay when due the following sums, together with all subsequent sums advanced by Beneficiary pursuant to the terms and conditions of the Trust Deed and the Security Instruments, or as a result of the following action or inaction: 1. Failure of the Grantor to pay when due the final payoff of the Note as of the maturity date of April 16, 2022. 2. Failing to provide the late charges associated with the failure to provide the final payoff by the Maturity Date. By reason of the default, the Beneficiary has declared all sums owing on the obligation secured by the Trust Deed and the Security Instruments immediately due and payable, those sums being the following estimated amounts, to-wit: 1. Unpaid Principal: $500,000.00; 2. Accrued and unpaid interest from and including April 17, 2022 through October 3, 2022 (and continuing at $166.67/day from and including October 4, 2022): $28,333.90; 3. Default Interest from and including April 22, 2022 through and including October 3, 2022 (and continuing at the rate of $69.44/day from and including October 4, 2022): $11,457.60; 4. Late Charges (10% of $500,000.00): $50,000.00; 5. Other Accrued Fees: $ n/a; 6. Trustee’s Sale Guarantee Report (est’d): $1,500.00; 7. Legal Fees and Costs (as of September 28, 2022) (estimated): $5,100.00; 8. Subtotal: $596,391.50; 9. Plus title expenses, trustee’s fees, recording fees, and attorneys’ fees incurred herein by reason of said default and any further sums advanced by the Beneficiary for the protection of the Property and its interest therein: Unknown. WHEREFORE, notice hereby is given that the undersigned Trustee will on Thursday, February 2, 2023, at the hour of 11:00 o’clock A.M., in accord with the standard of time established by ORS 187.110, at the following place: the front outside entrance to the Multnomah County Courthouse, located at 1200 SW 1st Ave., Portland, OR 97204, sell at public auction to the highest bidder for cash the interest in the Property and Personal Property which the Grantor had or had power to convey at the time of the execution by Grantor of the said Trust Deed and the Security Instruments, together with any interest which the Grantor or Grantor’s successors in interest acquired after the execution of said Trust Deed and Security Instruments, 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 ORS 86.778 has the right, at any time prior to five days before the date last set for the sale, to have this foreclosure proceeding dismissed and the Trust Deed reinstated and sale of the Personal Property pursuant hereto terminated, by payment to the Beneficiary of the entire amount then due (other than such portion of the principal as would not then be due had no default occurred) and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation or Trust Deed and the Security Instruments, and in addition to paying said sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed and Security Instruments, together with Trustee’s and attorney’s fees not exceeding the amounts provided by said ORS 86.778, if applicable. In construing this notice, the singular includes the plural, the word Grantor includes any successor in interest to the Grantor as well as any other person owing an obligation, the performance of which is secured by the Trust Deed, and the words trustee and beneficiary include their respective successors in interest, if any. ORS SECTION 86.771(9) Notice: 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. If the Trustee is unable to convey title for any reason, the successful bidder’s sole and exclusive remedy shall be the return of monies paid to the Trustee, and the successful bidder shall have no further recourse. Dated: October 3, 2022. Trustee: /s/ Christopher R. Ambrose. CONTACT INFORMATION FOR TRUSTEE’S COUNSEL: Ambrose Law Group LLC, Attn.: Christopher R. Ambrose, 2900 NW Clearwater Drive, Ste. 320, Bend, OR 97703; Phone: 503.222.0552, Email: Published Dec. 13, 20, 27, 2022 & Jan. 3, 2023. BT267721

ad: 267721

Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2022/12/13

End Date: 2023/01/03

Court Number: 91056 / 6


County: Multnomah