Re: W.T.E., LLC NOTICE OF TRUSTEE'S SALE I. NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the 29th day of May 2015, at the hour of 10:00 a.m., at the main entrance to the County-City Building, 930 Tacoma Avenue South, Tacoma, Washington 98402, sell at public auction to the highestand best bidder, payable at the time of sale, the real property (the "Real Property") located in Pierce County, Washington, commonly known as 1001 Pacific Avenue, Tacoma, Washington 98402 and legally described as follows: Lots 1, 2 and 3, Block 1003, Map of New Tacoma, W.T., according to the plat thereof recorded February 3, 1875, in Pierce County, Washington together with all personal property and other property located thereon and related thereto (collectively with the Real Property referred to as the "Property"), as described in Exhibit A attached hereto and incorporated herein by this reference. This Notice of Trustee's Sale concerns the $3,250,000.00 (the "Loan") originally made by PNC Bank, National Association ("Original Lender"), to W.T.E., LLC, a Washington limited liability company (the "Borrower"), which is evidenced by a Promissory Note dated April 12, 2007, in the face amount of $3,250,000.00 (the "Note") made payable by Borrower to Original Lender as well as other "Loan Documents" described in the Note. The Loan and Loan Documents were assigned, by successive mesne assignments, to U.S. Bank National Association, a national banking association organized and existing under the laws of the United States of America, not in its individual capacity but solely in its capacity as Trustee for the Registered Holders of ML-CFC Commercial Mortgage Trust 2007-7, Commercial Mortgage Pass-Through Certificates, Series 2007-7 (the "Lender" or "Beneficiary"). Certain of Borrower's obligations relating to the Loan are indemnified by Robert Easter (the "Indemnitor"), pursuant to a Non-Recourse Indemnification Agreement executed by the Indemnitor and dated April 12, 2007. The Note is secured by, among other things, a Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (the "Deed of Trust") between Borrower, as Grantor, and originally Pacific Northwest Title Company of Washington, Inc., as trustee, in favor of Original Lender dated April 12, 2007, and recorded on April 13, 2007, under Auditor's File No. 200704130474, in the records of Pierce County, Washington, the beneficial interest of which was assigned to Lender by mesne successive assignments (collectively, the "Assignments"), the most recent of which was recorded on November 6, 2014, under Auditor's File No. 201411060227, in the records of Pierce County, Washington. The Deed of Trust and the Assignments thereto shall be collectively referred to herein as the "Deed of Trust." The Deed of Trust encumbers the Property described above. II. No action commenced by the Beneficiary of the Deed of Trust is now pending to seek satisfaction of the obligation in any court by reason of the Borrower's or Grantor's defaults on the obligation secured by the Deed of Trust. III. The default for which this foreclosure is made is failure to pay the following amounts, which are in arrears, pursuant to the Note secured by the Deed of Trust. The amount due and owing as of January 1, 2015, is as follows: Principal payments due:^$ 61,160.68 Interest at the Note rate of 5.84% per annum from 12/1/13 to 1/1/15 (and a per diem thereafter of $478.87):^189,631.12