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  • Address: 16470 South Bradley Road, Oregon City, Or, 97045

Auction Date: 1/18/2018, 11:00 Am / $263,279.23


TRUSTEE’S NOTICE OF SALE TS No.: 060401-OR Loan No.: ******3757 Reference is made to that certain trust deed (the Deed of Trust) executed by WINFRED W. WINTERS AND CAROL J. WINTERS, AS TENANTS BY THE ENTIRETY, as Grantor, to PACIFIC NORTHWEST TITLE OF OREGON, as Trustee, in favor of FINANCIAL FREEDOM SENIOR FUNDING CORPORATION. A SUBSIDIARY OF INDYMAC BANK, F.S.B., as Beneficiary, dated 1/24/2006, recorded 1/30/2006, as Instrument No. 2006-008210, in the Official Records of Clackamas County, Oregon, which covers the following described real property situated in Clackamas County, Oregon: PART OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SECTION 25, TOWNSHIP 2 SOUTH, RANGE 2 EAST, OF THE WILLAMETTE MERIDIAN, IN THE COUNTY OF CLACKAMAS AND STATE OF OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT IN THE CENTER OF HOLCOMB ROAD THAT IS 418 FEET EAST OF THE WEST LINE OF SAID SECTION 25 WHEN MEASURED AT RIGHT ANGLES; THENCE SOUTHWESTERLY ALONG THE CENTERLINE OF HOLCOMB ROAD 34 FEET TO THE NORTHEAST CORNER OF THAT CERTAIN TRACT CONVEYED TO EDWIN H. CAMPBELL, ET UX, BY DEED RECORDED DECEMBER 10, 1964 IN BOOK 650, PAGE 432, CLACKAMAS COUNTY DEED RECORDS; THENCE SOUTHERLY ALONG THE EAST LINE OF SAID CAMPBELL TRACT, 725 FEET TO THE TRUE PLACE OF BEGINNING OF THE TRACT TO BE DESCRIBED; THENCE EAST A DISTANCE OF 575 FEET: THENCE SOUTH A DISTANCE OF 378.47 FEET TO THE SOUTH LINE OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SAID SECTION; THENCE WEST TRACING SAID SOUTH LINE A DISTANCE OF 575 FEET TO THE SOUTHEAST CORNER OF A 25 FOOT STRIP OF LAND CONVEYED TO EDWIN H. CAMPBELL AND JESSICA R. CAMPBELL, HUSBAND AND WIFE, BY DEED RECORDED OCTOBER 6, 1966 IN BOOK 680, PAGE 707 AS FEE NO. 16341, DEED RECORDS; THENCE NORTH ALONG THE EAST LINE OF SAID TRACT AND ITS NORTHERLY EXTENSION TO THE TRUE POINT OF BEGINNING. EXCEPT THE FOLLOWING DESCRIBED TRACT: BEGINNING AT A POINT IN THE CENTER OF HOLCOMB ROAD THAT IS 418 FEET EAST OF THE WEST LINE OF SAID SECTION 25, WHEN MEASURED AT RIGHT ANGLES; THENCE SOUTHWESTERLY ALONG THE CENTERLINE OF HOLCOMB ROAD, 34 FEET TO THE NORTHEAST CORNER OF THAT CERTAIN TRACT CONVEYED TO EDWIN H. CAMPBELL, ET UX, BY DEED RECORDED DECEMBER 10, 1964 IN BOOK 650, PAGE 432, DEED RECORDS; THENCE SOUTHERLY ALONG THE EAST LINE OF SAID CAMPBELL TRACT, 725 FEET; THENCE EAST 575 FEET; THENCE SOUTH A DISTANCE OF 378.47 FEET TO THE SOUTH LINE OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SAID SECTION AND THE TRUE POINT OF BEGINNING; THENCE WEST, ALONG SAID SOUTH LINE, A DISTANCE OF 150 FEET; THENCE NORTH 292.5 FEET; THENCE EAST, PARALLEL WITH THE SOUTH LINE OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SAID SECTION 25, A DISTANCE OF 150 FEET; THENCE SOUTH 292.5 FEET TO THE TRUE POINT OF BEGINNING. TOGETHER WITH A NON-EXCLUSIVE EASEMENT FOR INGRESS AND EGRESS OVER THE FOLLOWING DESCRIBED TRACT: PART OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SECTION 25, TOWNSHIP 2 SOUTH, RANGE 2 EAST, OF THE WILLAMETTE MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SAID SECTION 25, SAID POINT BEING IN THE CENTERLINE OF THE COUNTY ROAD; THENCE NORTH ALONG THE CENTERLINE OF THE COUNTY ROAD, A DISTANCE OF 25 FEET; THENCE EAST 418 FEET, MORE OR LESS, TO THE SOUTHEAST CORNER OF THAT CERTAIN TRACT CONVEYED TO EDWIN H. CAMPBELL, ET UX, BY DEED RECORDED DECEMBER 10, 1964 IN BOOK 650, PAGE 432, CLACKAMAS COUNTY DEED RECORDS; THENCE SOUTH ON A SOUTHERLY PROJECTION OF THE EASTERLY LINE OF SAID CAMPBELL TRACT, A DISTANCE OF 25 FEET TO A POINT OF INTERSECTION WITH THE SOUTH LINE OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SAID SECTION 25; THENCE WEST ALONG THE SOUTH LINE OF THE SOUTHWEST ONE-QUARTER OF THE NORTHWEST ONE-QUARTER OF SECTION 25, A DISTANCE OF 418 FEET, MORE OR LESS, TO THE PLACE OF BEGINNING. EXCEPTING THEREFROM THAT PORTION TYING WITHIN ROADS. APN: 00552342 // 22E25B 01802 Commonly known as: 16470 SOUTH BRADLEY ROAD OREGON CITY, OR 97045 The current beneficiary is: CIT BANK, N.A. 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 failure to pay the required real property taxes. The tax default consists of tax years 2015 and 2016 in the total amount of $4,323.04 TOTAL REQUIRED TO PAYOFF: $263,279.23 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 $171,003.97 together with interest thereon at the rate of 2.73 % per annum, from 11/5/2016 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 1/18/2018, at the hour of 11:00 AM, standard time, as established by ORS 187.110, AT THE ARBOR & WATER FEATURE LOCATED IMMEDIATELY ON THE NORTH SIDE OF THE CLACKAMAS COUNTY COURTHOUSE STEPS, 807 MAIN STREET, OREGON CITY, OR 97045, 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: 9/7/2017 CLEAR RECON CORP 111 SW Columbia Street #950 Portland, OR 97201 Phone: 858-750-7600 or 866-931-0036 Shella Domilos, Authorized Signatory of Trustee. Published Sep. 28, Oct. 5, 12 & 19, 2017. LOR15917758

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