Re: Neal, Jeffrey & Karen WE ARE A DEBT COLLECTOR. THIS COMMUNICATION IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. If you filed bankruptcy or have been discharged in bankruptcy, this communication is not intended as an attempt to collect a debt fromyou personally, but is notice of enforcement of the deed of trust lien against the secured property. NOTICE OF TRUSTEE'S SALE TO: Jeffrey Neal Occupants Karen Neal Wells Fargo Bank, N.A. Lakeland Homeowners Association I. NOTICE IS HEREBY GIVEN that the undersigned Trustee, Karen L. Gibbon, P.S., will on May 4, 2012, at the hour of 10:00 AM, at the Second Floor Plaza Outside the Pierce County Courthouse, 930 Tacoma Avenue, in the City of Tacoma, State of Washington, sell at public auction to the highest and best bidder, payable at the time of sale, the following described real property, situated in the County of Pierce, State of Washington, to wit: LOT 1 OF ASHTON AT LAKELAND DIVISION I, PHASE I, AS PER PLAT RECORDED AUGUST 24, 1998 UNDER RECORDING NO. 9808245001, RECORDS OF PIERCE COUNTY AUDITOR; SITUATE IN THE CITY OF AUBURN, COUNTY OF PIERCE, STATE OF WASHINGTON. APN #7001110010 (commonly known as 5706 Olive Avenue SE, Auburn, WA 98092), which is subject to that certain Deed of Trust, dated August 31, 2006, recorded September 1, 2006, under Auditor's File No. 200609010774 records of Pierce County, Washington, from Jeffrey Neal and Karen Neal, Husband and Wife, as Grantors, to Northwest Trustee Services, LLC, as Trustee, to secure an obligation in favor of Wells Fargo Bank, N.A., A National Association, as Beneficiary, the beneficial interest in which has been assigned to Newbury Place REO III, LLC. 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 Borrowers or Grantor's default on the obligation secured by the Deed of Trust. III. The Default for which this foreclosure is made is as follows: Failure to pay when due the following amounts, which are now in arrears: Monthly Payments: 17 monthly payments at $2,340.36, (September 1, 2010 January 1, 2012):^$39,786.12 BNK Fees:^$1,592.32 Late Charges:^0 late charge at $94.30 for each monthly payment not made within 15 days of its due date:^$0.00 Accrued late charges:^$1,508.80 Less suspense or rents received:^$0.00 TOTAL:^$42,887.24 Default other than failure to make monthly payments: None IV. The sum owing on the obligation secured by the Deed of Trust is: Principal $348,200.00, together with interest as provided in the note or other instrument secured from August 1, 2010 and such other costs and fees as are due under the note or other instrument secured, and as are provided by statute. V. The above-described real property will be sold to satisfy the expense of sale and the obligation secured by said Deed of Trust as provided by statute. The sale will be made without warranty, express or implied, regarding title, possession, or encumbrances on May 4, 2012. The defaults referred to in paragraph III must be cured by April 23, 2012 (11 days before the sale) to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time on or before April 23, 2012 (11 days before the sale) the default(s) as set forth in paragraph III is/are cured and the Trustee's fees and costs are paid. The sale may be terminated any time after April 23, 2012 (11 days before the sale date), and before the sale, by the Borrower or Grantor or the holder of any recorded junior lien or encumbrance paying the principal and interest 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. A written Notice of Default was transmitted by the Beneficiary or Trustee to the Borrower or Grantor at the following addresses: Jeffrey Neal Karen Neal At: 5706 Olive Avenue SE, Auburn, WA 98092 by both first class and certified mail on April 11, 2011, proof of which is in the possession of the Trustee; and the Borrower and Grantor were personally served on April 8, 2011, with said written Notice of Default and/or the Notice of Default was posted in a conspicuous place on the real property described in paragraph I above, and the Trustee has in his possession proof of such service or posting. VII. The Trustee whose name and address is set forth below will provide in writing, to any person requesting it, a statement of all costs and fees due at any time prior to the sale. VIII. 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. Anyone having any objections to this sale on 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 R.C.W. 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 (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 prove a tenant with written notice in accordance with RCW 61.24.060. DATED: January 25, 2012 KAREN L. GIBBON, P.S., Successor Trustee By: KAREN L. GIBBON, President LAW OFFICES OF KAREN L. GIBBON, P.S. 3409 MCDOUGALL AVENUE, SUITE 202 EVERETT, WA 98201 (425) 212-3277 April 4, 25