Re: Maddox, Michael & Vera Grantor(s): Michael P. Maddox and Veva D. Maddox, husband and wife Grantee(s): Sangar Investments, LLC and Edgar Reisdorph Reference Number of Deed of Trust: 201105190436 Legal Description (abbreviated): Lots 1 to 4, Blk. 6, Balch's Steilacoom. Bk. 1 of Plats, pg.3 Pierce County Assessor's Property Tax Parcel Number: 2305000360 NOTICE OF TRUSTEE'S SALE PURSUANT TO RCW CH. 61.24, ET. SEQ. TO: Michael P. Maddox 2007 Lafayette St. Steilacoom WA 98388 Veva D. Maddox 2007 Lafayette St. Steilacoom WA 98388 Michael P. Maddox 1310 Commercial St. Steilacoom, WA 98388 Veva D. Maddox 1310 Commercial St. Steilacoom, WA 98388 AND TO: TOWN OF STEILACOOM 1030 ROE STREET STEILACOOM, WA 98388 AND TO: KIM HUNSAKER C/O BRIAN M. KING DAVIES PEARSON, P.C. 920 FAWCETT P.O. BOX 1657 TACOMA, WA 98401 ALICIA HUNSAKER C/O BRIAN M. KING DAVIES PEARSON, P.C. 920 FAWCETT P.O. BOX 1657 TACOMA, WA 98401 (ALL NOTICES MAILED VIA REGULAR AND CERTIFIED MAIL, RETURN RECEIPT REQUESTED) I. NOTICE OF TRUSTEE'S SALE NOTICE IS HEREBY GIVEN the undersigned Trustee will, on the 18th day of November, 2016, at the hour of 10:00 o'clock, a.m., at the 2nd floor entry plaza of the County-City Building, 930 Tacoma Avenue South, Tacoma, Washington, sell at public auction to the highest and best bidder, payable in cash at the time of sale, the following described real property, situate in the County of Pierce, State of Washington, to-wit: Lots 1 to 4, inclusive, Block 6, Balch's Steilacoom, according to Plat recorded in Book 1 of Plats at Page 3, in Pierce County, Washington. TOGETHER WITH Alley between Lots 2 and 3, vacated by Ordinance No. 299 of the TOWN OF STEILACOOM, recorded under Recording No. 1811265; Pierce County Assessor's Tax Parcel No. 2305000360 which is subject to the Deed of Trust dated May 19, 2011, recorded May 19, 2011 under Pierce County Auditor's/Recorder's No. 201105190436, records of Pierce County, Washington, from Michael P. Maddox and Veva D. Maddox, husband and wife, as Grantor, to Orlandini and Waldron, Attorneys/Old Republic Title, Ltd., as Trustee, and Oldfield & Helsdon, PLLC, as Successor Trustee, to secure an obligation in favor of Sangar Investments, LLC and Edgar Reisdorph. An Appointment of Successor Trustee dated August 12, 2016, recorded on August 15, 2016 under Pierce County Recorder's File No. 201608150424, appointed Oldfield & Helsdon, PLLC as the new Trustee. II. THERE ARE NO LEGAL ACTIONS PENDING No action commenced by the Beneficiary of the Deed of Trust or the Beneficiary's successor is now pending to seek satisfaction of the obligation in any court by reason of the Grantors' default on the obligation secured by the Deed of Trust. III. DEFAULTS The defaults for which this foreclosure is made are as follows: Failure to pay when due the following amounts which are now in arrears: STATEMENT OF DEFAULT AND ITEMIZED ACCOUNT OF AMOUNT IN ARREARS: The beneficiary alleges that you are in default for failure to pay the following past due amounts including principal, interest, late fees, and attorney fees/costs as provided for in the above referenced Promissory Note in the amount of $470,442.72 calculated through August 16, 2016 which are in arrears as follows: Principal Balance $235,000.00 Accrued Interest to August 16, 2016 at default rate in note: $178,007.15 Credit for Interest Payments made: ($ 2,326.50) Advances made by Beneficiary on first position loan to protect security of Deed of Trust $ 53,598.07 Cost of title report for foreclosure $ 1,804.00 Recording Fees (estimated) $ 100.00 Publication Costs (estimated) $ 1,000.00 Service or posting Notice of Default (estimated) 200.00 Postage (estimated) $ 35.00 Copying (estimated) $ 25.00 Trustee Fees $ 3,000.00 TOTAL PAST DUE: $ 470,442.72 NON-MONETARY DEFAULTS: 1. N/A. IV. SUMS OWING ON THE OBLIGATION The sums owing on the obligations secured by the Deed of Trust total: Principal $470,442.72, together with interest at the rate of twelve percent (12%) per annum and such other costs and fees as are due under the Promissory Note dated or other instrument secured, and as are provided by statute. V. ACTS REQUIRED TO CURE DEFAULT The above-described real property will be sold to satisfy the expenses of sale and the obligations secured by the Deed of Trust as provided by statute. The sale will be made without warranty, express or implied, regarding title, possession, or encumbrances on the 18th day of November, 2016. The defaults referred to in Paragraph III must be cured by the 7th day of November, 2016 (11 days before the sale date) to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time on or before the 7th day of November, 2016 (11 days before the sale date), the defaults as set forth in Paragraph III are cured and the Trustee's fees and costs are paid. The sale may be terminated at any time after the 7th day of November, 2016 (11 days before the sale date) and before the sale by the Grantor or the Grantor's successor in interest or the holder of any recorded Junior lien or encumbrance paying the entire principal and interest secured by the Deed of Trust, plus costs, fees, and advances, if any, made pursuant to the terms of the obligation and/or Deed of Trust, and curing all other defaults. VI. PRIOR NOTICE OF DEFAULT TRANSMITTED A written Notice of Default for the Deed of Trust was transmitted by the beneficiary or Trustee to the Grantor or the Grantor's successor in interest at the following addresses: TO: Michael P. Maddox 2007 Lafayette St. Steilacoom WA 98388 Michael P. Maddox 1310 Commercial St. Steilacoom, WA 98388 AND TO: Veva D. Maddox 2007 Lafayette St. Steilacoom WA 98388 Veva D. Maddox 1310 Commercial St. Steilacoom, WA 98388 by both first class and certified mail on the 12th day of July, 2016, mailed to Michael P. Maddox and Veva D. Maddox at 2007 Lafayette St., Steilacoom WA 98388 and 1310 Commercial St. Steilacoom, WA 98388, proof of which is in the possession of the Trustee; and the written notice of default was posted in a conspicuous place on the real property described in paragraph I above, and the Trustee has possession of proof of such posting. VII. STATEMENT OF COSTS AND FEES The Trustee, whose name and address are set forth below, will provide in writing to anyone requesting it, a statement of all costs and fees due at any time prior to the sale. VIII. EFFECT OF TRUSTEE'S SALE The effect of the sale will be to deprive the Grantor and all those who hold by, through or under the Grantor of all their interest in the above-described property. IX. RESTRAINT OF SALE BY LAWSUIT Anyone having any objection to the sale of any grounds whatsoever will be afforded an opportunity to be heard as to those objections if they bring a lawsuit to restrain the sale pursuant to RCW 61.24.130. Failure to bring such a lawsuit may result in a waiver of any proper grounds for invalidating the Trustee's sale. X. NOTICE TO OCCUPANTS OR TENANTS The purchaser at the trustee's sale is entitled to possession of the property on the 20th day following the sale, as against the grantor under the deed of trust (the owner) and anyone having an interest junior to the deed of trust, including occupants who are not tenants. After the 20th day following the sale the purchaser has the right to evict occupants who are not tenants by summary proceedings under chapter 59.12 RCW. For tenant-occupied property, the purchaser shall provide a tenant with written notice in accordance with RCW 61.24.060. XI. NOTICE THIS NOTICE IS THE FINAL STEP BEFORE THE FORECLOSURE SALE OF YOUR PROPERTY. DATED this 16th day of August, 2016. OLDFIELD & HELSDON, PLLC Successor Trustee s/s/ Jeffrey Paul Helsdon By: Jeffrey Paul Helsdon 1401 Regents Blvd., Suite 102 Fircrest, WA 98466 Tel: (253) 564-9500 STATE OF WASHINGTON)) ss. County of Pierce) On this day of before me personally appeared JEFFREY PAUL HELSDON, to me known to be the individual who executed the within and foregoing instrument on behalf of OLDFIELD & HELSDON, PLLC, and ackno
wledged said instrument to be the free and voluntary act and deed of OLDFIELD & HELSDON, PLLC, for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument on behalf of OLDFIELD & HELSDON, PLLC. GIVEN under my hand and official seal this 16th day of August, 2016. s/s/ Cheri Helsdon NOTARY PUBLIC, in and for the State of Washington, Residing at ______ My commission expires: ________ IDX-719536 October 18, November 8