TRUSTEES NOTICE OF SALE
Published 5:00 pm Tuesday, April 3, 2007
Reference is made to that certain Trust Deed made by William Ward, as grantor(s), to Title Insurance Company, as Trustee, in favor of Mortgage Electronic Registration System, Inc. dated 04/15/2005, recorded 04/ 20/2005, in the mortgage records of Grant County, Oregon, as Recorder’s fee/file/instrument/microfilm/reception Number 2005-050931, covering the following described real property situated in said county and state, to wit:
Trending
A parcel of land located in block 18 of the OLD?TOWN?OF PRAIRIE CITY, Grant County,Oregon,
as shown by the plat thereof on file and of record in the office of the clerk of said county and state in BOOK U of Deeds, at page 588, described as follows:
Beginning at the Northwest corner of the Johns property as described in Deed book 107, page 283, said point being 1402.0 feet North, 1308.8 feet East, and NO degrees 45″W, 118.0 feet from the Southwest corner of Section 2, Township 13 South, Range 33 East of the Willamette Meridian; thence N87 degrees 12’E, along the North line of the said Johns property, 116.9 feet; thence N42 degrees 5’9 degrees E, to the South line of the Rinehart property as described in Deed Book 106, page 12; thence S86 degrees 38’W, along the south line of said Rinehart property, to the Easterly line of Mchaley Ave; thence SO degrees 45 E, along said Easterly line, to the point of beginning.
Trending
(Tax Acct. 4-1 13-33-2CA 1400; Ref. 2852)
PROPERTY ADDRESS: 329 NORTH MCHALEY AVENUE, PRAIRIE CITY, OR 97869
Both the Beneficiary and the Trustee have elected to sell the real property to satisfy the obligations secured by the Trust Deed and a notice of default has been recorded pursuant to Oregon Revised Statutes 86.735(3); the default for which the foreclosure is made is grantor’s failure to pay when due the following sums: monthly payments of $569.04 beginning 11/01/2006; plus late charges of $.00 each month beginning with the 11/01/2006 payment plus prior accrued late charges of $69.00; plus advances of $0.00; together with title expense, costs, trustee’s fees and attorney’s fees incurred herein by reason of said default; and any further sums advanced by the Beneficiary for the protection of the above described real property and its interest therein.
By reason of said default the Beneficiary has declared all sums owing on the obligation secured by Trust Deed immediately due and payable, said sums being the following to wit: $64,121.77 with interest thereon at the rate of 7.625% per anum beginning 10/01/2006 until paid, plus all accrued late charges therein together with title expense, costs, trustee’s fees and attorney’s fees incurred herein by reason of default; and any further sums advanced by the Beneficiary for the protection of the above described real property and its interests therein.
WHEREFORE, notice hereby is given that, RECONTRUST COMPANY, N.A. the undersigned Trustee will on friday, July 13, 2007 at the hour of 10:00 a.m. in accord with the standard of time established by ORS 187.110 at the following place: outside the main entrance to the Grant County courthouse, 201 S. Humbolt Street, in the city of Canyon city, county of Grant, State of Oregon, sell at public auction to the highest bidder for cash the interest in the described real property which the grantor had or had power to convey at the time of the execution by grantor of the Trust Deed, together with any interest which the grantor or grantor’s successors in interest acquired after the execution of the 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 ORS 86.753 has the right, at any time prior to five days before the date set for the sale, to have this foreclosure proceeding dismissed and the Trust Deed reinstated 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 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, together with the Trustee and attorney’s fees not exceeding the amounts provided by ORS 86.753.
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 said Trust Deed, and the words “Trustee” and “Beneficiary” include their respective successors in interest, if any.
RECONRUST COMPANY, N.A.
Dated 3/02/2007
Heidi Recinos, Team Member