TRUSTEE’S NOTICE OF SALE Reference is made to that certain trust deed made by Theresa Leigh Sanderson, formerly known as Theresa Leigh Farmer, as grantor, to Land Title Company, as trustee, in favor of Pioneer Bank, F.S.B., as beneficiary, dated 09/10/99, recorded 09/16/99, in the mortgage records of Grant County, Oregon, as 992764, covering the following described real property situated in said county and state, to wit: Land in Prairie City, Grant County, Oregon, as follows: Township 13 South, Range 33 East, Willamette Meridian: Section 2: A tract of land situated in the SW1/4NW1/4 of said Sec. 2 described as follows: Beginning at the Northwest corner of Block 4, Cleaver & Cozarts Addition to Prairie City, Grant County, Oregon; thence due North on the East side of Jonson Avenue, 280 feet, more or less; thence due East to a point within 15 feet of the center of Galbraith Ditch; thence along said ditch to the Cleaver & Cozarts Addition North line; thence West to the point of beginning. SAVE & EXCEPT the following described tract: a tract of land situated in the SW1/4NW1/4 of Sec. 2 described as follows: Beginning at a point 49.3 feet North of the Northwest corner of Block 4, Cleaver & Cozarts Addition to Prairie City, Grant County, Oregon: thence due North to the East side of Johnson Avenue, 233.1 feet, more or less; thence due East 147.3 feet; thence South 225 feet, more or less; thence West to the Point of Beginning. ALSO, SAVE & EXCEPT that portion conveyed to the City of Prairie City by Quitclaim Deed recorded July 22, 1992 in the records of Grant County, Oregon, as Instrument No. 921315. TOGETHER WITH a tract of land as described in Bargain and Sale Deed from the City of Prairie City dated May 25, 1993, recorded June 1, 1993 in the records of Grant County, Oregon, as Instrument No. 930868. PROPERTY ADDRESS: 545 North Johnson 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 $488.78 beginning 07/01/09; plus late charges of $24.44 each month beginning 07/15/09; plus advances of $212.28; together with title expense, costs, trustee’s fees and attorney’s fees incurred herein by reason of said default; any further sums advanced by the beneficiary for the protection of the above described real property and its interest therein; and prepayment penalties/premiums, if applicable. 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: $60,591.88 with interest thereon at the rate of 7.5 percent per annum beginning 09/25/09; plus late charges of $24.44 each month beginning 07/15/09 until paid; plus advances of $212.28; together with title expense, costs, trustee’s fees and attorneys fees incurred herein by reason of said default; any further sums advanced by the beneficiary for the protection of the above described real property and its interest therein; and prepayment penalties/premiums, if applicable. WHEREFORE, notice hereby is given that the undersigned trustee will on March 15, 2010 at the hour of 10:00 o’clock, 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 for reinstatement or payoff quotes requested pursuant to ORS 86.757 and 86.759 must be timely communicated in a written request that complies with that statute addressed to the trustee’s “Urgent Request Desk” either by personal delivery to the trustee’s physical offices (call for address) or by first class, certified mail, return receipt requested, addressed to the trustee’s post office box address set forth in this notice. Due to potential conflicts with federal law, persons having no record legal or equitable interest in the subject property will only receive information concerning the lender’s estimated or actual bid. Lender bid information is also available at the trustee’s website, www.northwesttrustee.com. 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 trustee’s and attorney’s fees not exceeding the amounts provided by said ORS 86.753. Requests from persons named in ORS 86.753 for reinstatement quotes received less than six days prior to the date set for the trustee’s sale will be honored only at the discretion of the beneficiary or if required by the terms of the loan documents. 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. NOTICE TO TENANTS If you are a tenant of this property, foreclosure could affect your rental agreement. A purchaser who buys this property at a foreclosure sale has the right to require you to move out after giving you notice of the requirement. If you do not have a fixed-term lease, the purchaser may require you to move out after giving you a 30-day notice on or after the date of sale. If you have a fixed-term lease, you may be entitled to receive after the date of the sale a 60-day notice of the purchaser’s requirement that you move out. To be entitled to either a 30-day or 60-day notice, you must give the trustee of the property written evidence of your rental agreement at least 30 days before the date first set for the sale. If you have a fixed-term lease, you must give the trustee a copy of the rental agreement. If you do not have a fixed-term lease and cannot provide a copy of the rental agreement, you may give the trustee other written evidence of the existence of the rental agreement. The date that is 30 days before the date of the sale is February 13, 2010. The name of the trustee and the trustee’s mailing address are listed on this notice. Federal law may grant you additional rights, including a right to a longer notice period. Consult a lawyer for more information about your rights under federal law. You have the right to apply your security deposit and any rent you prepaid toward your current obligation under your rental agreement. If you want to do so, you must notify your landlord in writing and in advance that you intend to do so. If you believe you need legal assistance with this matter, you may contact the Oregon State Bar Association (16037 Upper Boones Ferry Road, Tigard, Oregon 97224, (503)620-0222, toll-free in Oregon (800)452-8260) and ask for lawyer referral service. If you have a low income and meet federal poverty guidelines, you may be eligible for free legal assistance; a county-by-county listing of legal aid resources may be found on the Internet at http://www.osbar.org/public/ris/lowcostlegalhelp/legalaid.html. The trustee’s rules of auction may be accessed at www.northwesttrustee.com and are incorporated by this reference. You may also access sale status at www.northwesttrustee.com and www.USA-Foreclosure.com. Northwest Trustee Services, Inc. For further information, please contact: Nanci Lambert Northwest Trustee Services, Inc. P.O. Box 997 Bellevue, WA 98009-0997 586-1900 File No.7680.20273/Sanderson, Theresa. (TS# 7680.20273) 1002.137772-FEI