TRUSTEE’S NOTICE OF SALE TS No.: 050605-OR Loan No.: ******9025 Reference is made to that certain trust deed (the “Deed of Trust”) executed by MICHAEL JOSEPH JOHNSON & REBECCA J V JOHNSON, TENANTS IN THE ENTIRETY, as Grantor, to PACIFIC TITLE COMPANY, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., SOLELY AS NOMINEE FOR FIRST HORIZON HOME LOAN CORPORATION, ITS SUCCESSORS AND ASSIGNS, as Beneficiary, dated 5/25/2007, recorded 5/31/2007, as Instrument No. 200705554, and later modified by a Loan Modification Agreement recorded on 02/23/2015, as Instrument 201501132, in the Official Records of Clatsop County, Oregon, which covers the following described real property situated in Clatsop County, Oregon: THAT PORTION OF SECTION 21, TOWNSHIP 7 NORTH, RANGE 10 WEST, WILLAMETTE MERIDIAN, CLATSOP COUNTY, OREGON, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF THE JEWETT DONATION LAND CLAIM; THENCE SOUTH 8 DEGREES 28 MINUTES EAST 684.16 FEET; THENCE EAST 226.0 FEET; THENCE SOUTH 7 DEGREES EAST 641.77 FEET; THENCE SOUTH 80 DEGREES WEST 180 FEET TO THE WEST BOUNDARY OF A TRACT ROAD; THENCE SOUTH 7 DEGREES 00 MINUTES EAST AND PARALLEL WITH THAT ROAD DESCRIBED IN PARCEL NO. 2 OF INSTRUMENT RECORDED IN BOOK 233, PAGE 671, CLATSOP COUNTY DEED RECORDS, A DISTANCE OF 817.14 FEET TO THE TRUE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE SOUTH 83 DEGREES WEST 150 FEET TO A POINT; THENCE SOUTH 7 DEGREES EAST 100 FEET TO A POINT; THENCE NORTH 83 DEGREES EAST 150 FEET TO THE WEST BOUNDARY OF SAID TRACT ROAD; THENCE NORTHERLY 100 FEET TO THE TRUE POINT OF BEGINNING APN: 17441 // 71021DB03000 Commonly known as: 89678 SEABREEZE DRIVE WARRENTON, OR 97146 The current beneficiary is: NATIONSTAR MORTGAGE LLC D/B/A MR.COOPER 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:
07/01/2016 – 03/01/2018 $31,019.85
Late Charges: $1,240.80
Beneficiary Advances: $9,221.36
Total Required to Reinstate: $41,482.01
TOTAL REQUIRED TO PAYOFF: $500,251.41
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 $460,046.39 together with interest thereon at the rate of 4.375 % per annum, from 6/1/2016 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 7/25/2018, at the hour of 1:00 PM, standard time, as established by ORS 187.110, AT THE FRONT ENTRANCE TO THE CLATSOP COUNTY COURTHOUSE, 749 COMMERCIAL STREET, ASTORIA, OR 97103, 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: 3/5/2018 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: March 26th, April 2nd, 9th and 16th, 2018.