T.S. No.: LO-33850-OR TRUSTEE’S NOTICE OF SALE Loan No: 40612 Reference is made to that certain deed made by, Bash Residential LLC, an Oregon limited liability company as Grantor to Ticor Title Company of Oregon, as trustee, in favor of Mortgage Electronic Registration Systems Inc., (MERS) as nominee for IL Lending LLC its successors and/or assigns, as Beneficiary, dated 8/12/2022, recorded 8/15/2022, in official records of Yamhill County, Oregon in book No. XX at page No. XX, instrument No. 202211302, covering the following described real property situated in said County and State, to-wit: APN: R5635AA 03500 The Southerly 46 Feet Of Lot 4 And The Northerly 32 Feet Of Lot 5, Block 21, Faulconer’s Second Addition, In The City Of Sheridan, County Of Yamhill, State Of Oregon. Property Commonly known as: 125 NE Balm Street Sheridan, OR 97378 Both the beneficiary, Loan Funder LLC, Series 40612 and the trustee, Darren J. Devlin, Esq., OSBA 971211 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: The balance of principal and interest which became due on 1/1/2024, along with late charges, foreclosure fees and costs any legal fees or advances that have become due. Monthly Payment Monthly Late Charge $$0.00 By this reason of said default the beneficiary has declared all obligations secured by said deed of trust immediately due and payable, said sums being the following, to-wit: The sum of $123,250.00 together with interest thereon at the rate of 23 % per annum from 12/1/2023 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 deed of trust. Whereof, notice hereby is given that Darren J. Devlin, Esq., the undersigned trustee will on 8/28/2024 at the hour of 1:00 PM, Standard of Time, as established by section 187.110, Oregon Revised Statues, at Inside main lobby of the Yamhill County Courthouse, 535 NE 5th Street, McMinnville County of Yamhill, State of Oregon, 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 and 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. 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 include their respective successors in interest
ad: 329649
Publication: Non-Judicial (Trustee Sales)
Section: Legals
Start Date: 2024/06/04
End Date: 2024/06/25
Court Number: LO-33850-OR
City: PHOENIX
County: Yamhill