Reference is made to that certain Trust Deed made by TERESA COWING, AND CLYDE H COWING, WIFE AND HUSBAND, as grantor(s), to FIDELITY NATIONAL TITLE INSURANCE CO., as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., as Beneficiary, dated 08/09/07, recorded 10/01/07, in the mortgage records of Grant County, OR, as Recorder’s fee/file/instrument/microfilm/reception Number 20072708, covering the following described real property situated in said county and state, to wit:**LEGAL DESCRIPTION: A TRACT OF LAND IN BLOCK A OF THE CITY OF JOHN DAY, GRANT COUNTY, OREGON, AS SHOWN BY THE PLAT THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE COUNTY CLERK OF SAID COUNTY AND STATE IN BOOK 1 OF TOWN PLATS, AT PAGE 11, DESCRIBED AS FOLLOWS: TOWNSHIP 13 SOUTH, RANGE 31 EAST OF THE WILLAMETTE MERIDIAN: SECTION 26: A TRACT OF LAND IN THE NW1/4NE1/4 DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTHERLY LINE OF S.E. MAIN ST., SAID POINT BEING 779.3 FEET SOUTH AND 760.2 FEET EAST OF THE NORTH QUARTER CORNER OF SAID SECTION 26; THENCE N34 DEGREES 05′ E, 96 FEET TO THE BOYCE FLUME; THENCE S69 DEGREES 57′ E, ALONG SAID BOYCE FLUME, 47.1 FEET; THENCE S31 DEGREES 50′ W, 109.1 FEET TO THE NORTHERLY BOUNDARY LINE OF S.E. MAIN STREET; THENCE N54 DEGREES 00′ W, ALONG SAID NORTHERLY BOUNDARY LINE, 50 FEET TO THE POINT OF BEGINNING.** PROPERTY ADDRESS: 109 SE HILLCREST RD JOHN DAY, OR 97845-1232 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 $558.63 beginning 03/01/2008; plus late charges of $19.00 each month beginning with the 03/01/2008 payment plus prior accrued late charges of $-38.00; plus advances of $ 60.00; 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 the Trust Deed immediately due and payable, said sums being the following to wit: $49,842.40 with interest thereon at the rate of 8.375 percent per annum beginning 02/01/2008 until paid, plus all accrued late charges thereon 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 interests therein. WHEREFORE, notice hereby is given that, RECONTRUST COMPANY, the undersigned Trustee will on Thursday, January 29, 2009 at the hour of 10:00AM 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 last 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’s and attorney’s fees not exceeding the amounts provided by OSRS 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. Dated: September 15, 2008 RECONTRUST COMPANY For further information, please contact: RECONTRUST COMPANY 1800 Tapo Canyon Rd., SV2-202 SIMI VALLEY, CA. 93063 (800) 281-8219 TS No. 08-0100120 (TS# 08-0100120) 1006.38437-FEI