TRUSTEE’S NOTICE OF SALE TS No

TRUSTEE’S NOTICE OF SALE TS No.: 122009-OR Loan No.: *****2045 Reference is made to that certain trust deed (the Deed of Trust) executed by REILLY SIGNATURE HOMES, LLC., AN OREGON LIMITED LIABILITY COMPANY, as Grantor, to FCI LENDER SERVICES, as Trustee, in favor of DML CAPITAL MORTGAGE FUND LLC ISAOA/ATIMA, as Beneficiary, dated 9/27/2022, recorded 10/10/2022, as Instrument No. 2022-093028, in the Official Records of Multnomah County, Oregon, which covers the following described real property situated in Multnomah County, Oregon: PARCEL I: THE WESTERLY 57-1/2 FEET OF THE SOUTHERLY 100 FEET OF BLOCK 26, LARGE BLOCK C, CARTERS ADDITION TO THE CITY OF PORTLAND, IN THE CITY OF PORTLAND, COUNTY OF MULTNOMAH AND STATE OF OREGON, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF BLOCK C, CARTERS ADDITION TO THE CITY OF PORTLAND; THENCE NORTH ALONG THE WESTERLY LINE OF SAID BLOCK, A DISTANCE OF 100 FEET; THENCE EAST PARALLEL WITH THE SOUTHERLY LINE OF SAID BLOCK, A DISTANCE OF 57-1/2 FEET; THENCE SOUTH PARALLEL WITH THE WESTERLY LINE OF SAID BLOCK C, A DISTANCE OF 100 FEET TO THE SOUTH LINE THEREOF; THENCE ALONG THE SOUTH LINE 57-1/2 FEET TO THE POINT OF BEGINNING. PARCEL II: THAT PROPERTY SHOWN AS VARIABLE PROPERTY ON THE PLAT OF ST. ANDREW’S CONDOMINIUM, RECORDED AUGUST 22, 2001, BOOK 1252, PAGES 3 THROUGH 7, MULTNOMAH COUNTY PLAT RECORDS, AND RE-DESIGNATED AS WITHDRAWABLE VARIABLE PROPERTY ON THE PLAT OF ST. ANDREW’S CONDOMINIUM (BOOK 1252, PAGES 3-7) PLAT AMENDMENT, RECORDED SEPTEMBER 22, 2004 AS DOCUMENT NO. 2004-200849, MULTNOMAH COUNTY PLAT RECORDS, IN THE CITY OF PORTLAND, MULTNOMAH COUNTY, OREGON. TOGETHER WITH AN UNDIVIDED INTEREST IN AND TO THE COMMON ELEMENTS APPERTAINING TO SAID UNIT AS SET FORTH IN THE DECLARATION OF UNIT OWNERSHIP MADE PURSUANT TO THE OREGON CONDOMINIUM ACT, RECORDED AUGUST 22, 2001, AS RECORDERS NO. 2001-132053, AND AMENDED BY INSTRUMENT RECORDED NOVEMBER 4, 2004, AS RECORDER’S NO. 2004-200850, AND ALL ADDITIONAL AMENDMENTS AND SUPPLEMENTALS THERETO. APN: R560023 / 1S1E04BD-12800 & R651773 / 1S1E04BD -12900 Commonly known as: 95 IRON MOUNTAIN BLVD LAKE OSWEGO, OR 97201 The current beneficiary is: LIONSCOVE FUND I, LLC 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 foreclosure is made is caused by the maturity of the Note on 10/1/2023 TOTAL REQUIRED TO PAYOFF: $892,014.71 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 $767,500.00 together with interest thereon in the total amount of $66,379.81, 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 8/6/2024, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE FRONT ENTRANCE TO THE MULTNOMAH COUNTY COURTHOUSE LOCATED AT 1200 SW FIRST AVENUE, PORTLAND, OR 97204, 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

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Publication: Non-Judicial (Trustee Sales)

Section: Legals

Start Date: 2024/04/16

End Date: 2024/05/08

Court Number: 122009-OR

City: TUSTIN

County: Clackamas