TRUSTEE’S NOTICE OF SALE TS No.: 113133-OR Loan No.: ******2625 Reference is made to that certain trust deed (the Deed of Trust) executed by FRED KASACHEV, as Grantor, to MARK H. PETERMAN, ESQ, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., AS DESIGNATED NOMINEE FOR FINANCE AMERICA, LLC, BENEFICIARY OF THE SECURITY INSTRUMENT, ITS SUCCESSORS AND ASSIGNS, as Beneficiary, dated 8/5/2003, recorded 8/13/2003, in Book 2177, Page 181, in the Official Records of Marion County, Oregon, which covers the following described real property situated in Marion County, Oregon: Beginning at an iron bar 11.50 chains West and 6.37 chains North from the Southeast corner of the A.J. Shephard Donation Land Claim No. 38 in Township 6 South, Range 1 East of the Willamette Meridian, Marion County, Oregon; thence West 21.17 chains; thence North 11deg.43′ East 10.11 chains to an iron bar; thence North 23deg. and 47′ East 1.54 chains to an iron bar; thence South 61deg.46′ East along the South line of the right of way of the Silverton Lumber Company 9.19 chains to an iron bolt; thence South 58deg.10′ East 2.57 chains; thence South 70deg.04′ East along the County road 3.01 chains; thence South 73deg.58′ East along said County road 5.58 chains; thence South 3.03 chains to the point of beginning; SAVE AND EXCEPT: Beginning at an iron bar 11.50 chains West and 6.37 chains North from the Southeast corner of the Andrew J. Shephard Donation Land Claim No. 38 in Township 6 South, Range 1 East of the Willamette Meridian in Marion County, Oregon, said point of beginning being also the Southeast corner of that tract of land conveyed to Ray Eugene Bartholomew and wife by instrument recorded July 13, 1943 in Volume 286, Page 487, Deed Records for said County and State; thence West along the Southerly line of said tract 540.72 feet; thence by lands of which this was formerly a part, North, 369.42 feet to an iron pipe at or near the South side of a County Road; thence along said County road South 70deg.04′ East, 198.66 feet to an iron pipe; thence along said County road South 73deg.58′ East, 368.28 feet to an iron pipe; thence South, 199.98 feet to the place of beginning. ALSO SAVE AND EXCEPT that portion conveyed to Marion County by deed recorded September 20, 1962 in Volume 563, Page 737, Deed Records, Marion County, Oregon. APN: 537748 / 061E28CC00800 Commonly known as: 17524 S ABIQUA RD NE SILVERTON, OR 97381-9128 The current beneficiary is: U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR IN INTEREST TO BANK OF AMERICA NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR STRUCTURED ASSET INVESTMENT LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2003-BC11 Both the beneficiary and the trustee have elected to sell the above-described real property to satisfy the obligations secured by the Deed of Trust and notice has been recorded pursuant to ORS 86.752(3). The default for which the foreclosure is made is the grantor’s failure to pay when due, the following sums: Delinquent Payments: Dates: Total: 1/1/2023 – 8/1/2023 $11,532.57 Late Charges: $128.52 Beneficiary Advances: $1,718.60 Total Required to Reinstate: $13,379.69 TOTAL REQUIRED TO PAYOFF: $162,074.12 By reason of the default, the beneficiary has declared all obligations secured by the Deed of Trust immediately due and payable, including: the principal sum of $150,441.01 together with interest thereon at the rate of 4 % per annum, from 12/1/2022 until paid, plus all accrued late charges, and all trustee’s fees, foreclosure costs, and any sums advanced by the beneficiary pursuant to the terms and conditions of the Deed of Trust Whereof, notice hereby is given that the undersigned trustee, CLEAR RECON CORP, whose address is 111 SW Columbia Street #950, Portland, OR 97201, will on 1/12/2024, at the hour of 11:00 AM, standard time, as established by ORS 187.110, At the front entrance of the Marion County Courthouse, 100 High St NE, Salem, OR 97301, sell at public auction to the highest bidder in the form of cash equivalent (certified funds or cashier’s check) the interest in the above-described real property which the grantor had or had power to convey at the time it executed the Deed of Trust, together with any interest which the grantor or his successors in interest acquired after the execution of the Deed of Trust, 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 to have the foreclosure proceeding dismissed and the Deed of Trust reinstated by payment to the beneficiary of the entire amount then due (other than the portion of principal that would not then be due had no default occurred), together with the costs, trustee’s and attorneys’ fees, and curing any other default complained of in the Notice of Default by tendering the performance required under the Deed of Trust at any time not later than 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 the Deed of Trust, the words trustee and beneficiary include their respective successors in interest, if any. Dated: 8/30/2023 CLEAR RECON CORP 1050 SW 6th Avenue, Suite 1100 Portland, OR 97204 Phone: 858-750-7777 866-931-0036 Hamsa Uchi, Authorized Signatory of Trustee Published Sep. 20, 27, Oct. 4 & 11, 2023. WI301379
ad: 301379
Publication: Non-Judicial (Trustee Sales)
Section: Legals
Start Date: 2023/09/20
End Date: 2023/10/11
Court Number: 113133-OR
City: TUSTIN
County: Marion