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  • Address: 9050 Portland Rd Ne, Salem, Or, 97305

Auction Date: 11/28/2017, 11:00 Am / $250,538.86

TRUSTEE’S NOTICE OF SALE TS No.: 056074-OR Loan No.: ******9599 Reference is made to that certain trust deed (the Deed of Trust) executed by LARRY C. AND TERRY R. WHITE, as Grantor, to FIRST AMERICAN TITLE OF WILLAMETTE VALLEY, as Trustee, in favor of BENEFICIAL OREGON INC. D/B/A BENEFICIAL MORTGAGE CO., as Beneficiary, dated 4/24/1995, recorded 4/28/1995, in Book 1234, Page 619, in the Official Records of Marion County, Oregon, which covers the following described real property situated in Marion County, Oregon: A TRACT OF LAND SITUATED IN THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 17, TOWNSHIP 6 SOUTH, RANGE 2 WEST, WILLAMETTE MERIDIAN, MARION COUNTY, OREGON, DESCRIBED AS FOLLOWS: BEGINNING ON THE EAST LINE OF THE PACIFIC HIGHWAY AT A POINT WHICH IS 230.66 FEET NORTH 32 59′ EAST FROM A SPIKE SET AT THE INTERSECTION OF THE SAID EAST LINE OF THE PACIFIC HIGHWAY WITH THE CENTER LINE OF THE MT. ANGEL ROAD AS SAME IS LOCATED IN THE SAID TOWNSHIP AND RANGE; THENCE NORTH 32 59′ EAST 170.00 FEET TO AN IRON PIPE; THENCE SOUTH 57 01′ EAST 200.00 FEET TO AN IRON PIPE; THENCE SOUTH 32 59′ WEST 170.00 FEET TO AN IRON PIPE; THENCE NORTH 57 01′ WEST 200.00 FEET TO THE POINT OF BEGINNING. SAVE AND EXCEPT A PARCEL OF LAND LYING IN THE LINUS BROOKS DONATION LAND CLAIM NO. 64 AND THE HARVEY SMITH DONATION LAND CLAIM NO. 66, IN TOWNSHIP 6 SOUTH, RANGE 2 WEST, WILLAMETTE MERIDIAN, MARION COUNTY, OREGON, AND BEING A PORTION OF THAT PROPERTY DESCRIBED IN THAT DEED TO MICHAEL CARL WHITE, RECORDED IN BOOK 749, PAGE 127, OF MARION COUNTY RECORD OF DEEDS; THE SAID PARCEL BEING THAT PORTION OF SAID PROPERTY INCLUDED IN A STRIP OF LAND VARIABLE IN WIDTH, LYING ON THE SOUTHEASTERLY SIDE OF THE CENTER LINE OF THE PACIFIC HIGHWAY EAST AS SAID HIGHWAY HAS BEEN RELOCATED, WHICH CENTER LINE IS DESCRIBED AS FOLLOWS: BEGINNING AT ENGINEER’S CENTER LINE STATION 335+00, SAID STATION BEING 742.36 FEET SOUTH AND 744.88 FEET WEST OF THE SOUTHWEST CORNER OF THE HARVEY SMITH DONATION LAND CLAIM NO. 66; THENCE NORTH 32 58′ 20 EAST 1608.77 FEET; THENCE NORTH 33 33′ 20 EAST 891.23 FEET TO ENGINEER’S CENTER LINE STATION 360+00. APN: R18614 // 062W17D 00200 Commonly known as: 9050 PORTLAND RD NE SALEM, OR 97305 The current beneficiary is: U.S. BANK TRUST, N.A., AS TRUSTEE FOR LSF9 MASTER PARTICIPATION TRUST 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 the foreclosure is made is the grantor’s failure to pay when due, the following sums: Delinquent Payments: Dates: Total: 03/01/2016 Thru 07/01/2017 $23,765.04 Late Charges: $797.24 Beneficiary Advances: $46,089.18 Total Required to Reinstate: $70,651.46 TOTAL REQUIRED TO PAYOFF: $250,538.86 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 $145,544.40 together with interest thereon at the rate of 8 % per annum, from 2/1/2016 until paid, 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 11/28/2017, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE HIGH STREET ENTRANCE OF THE MARION COUNTY COURTHOUSE, 100 HIGH ST NE, SALEM, OR 97301, sell at public auction to the highest bidder for cash 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, if any. Dated: 7/13/2017 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 866-931-0036 Shella Domilos, Authorized Signatory of Trustee. Published Aug. 9, 16, 23 & 30, 2017. WI15908960

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