Re: Reid-Dallas, LLC THIS NOTICE IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. If you have filed bankruptcy or have been discharged in bankruptcy, this communication is for informational purposes only and is not intended as an attempt to collect this debt from you personally. AMENDED NOTICE OF TRUSTEE'S SALE PURSUANT TO THE REVISED CODE OF WASHINGTON CHAPTER 61.24, ET.SEQ. TO: Occupants of the Premises Esther S. Reid Reid-Dallas, LLC Brian T. Comfort Daniel A. Reid Jack L. Dallas Credit Shelter Trust I. NOTICE IS HEREBY GIVEN that the undersigned Trustee, Rainier Foreclosure Services, Inc., will on AUGUST 2, 2013, at the hour of 10:00 a.m., outside the second floor entry plaza, County-City Building, 930 Tacoma Avenue S., 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: BEGINNING ON THE WEST LINE OF SECTION 31, TOWNSHIP 20 NORTH, RANGE 3 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, 1056 FEET NORTH OF THE SOUTHWEST CORNER OF LOT 2; THENCE EAST PARALLEL TO THE SOUTH LINE OF SAID LOT, 235 FEET TO THE POINT OF BEGINNING, AND BEING THE SOUTHEAST CORNER OF A TRACT CONVEYED TO L. WALBRIDGE BY DEED RECORDED IN BOOK 598 OF DEEDS AT PAGE 451, UNDER AUDITOR'S NO. 1232306; THENCE CONTINUE EAST ALONG SAID COURSE 425 FEET TO A POINT 660 FEET EAST OF THE WEST LINE OF SAID SECTION; THENCE NORTH PARALLEL TO THE WEST LINE OF SAID LOT 237.34 FEET TO THE SOUTH LINE OF SOUTH 84TH STREET; THENCE WEST ON SAID SOUTH LINE 425 FEET TO A POINT NORTH OF THE POINT OF BEGINNING; THENCE SOUTH 234.97 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE FOLLOWING DESCRIBED PROPERTY: COMMENCING 726 FEET NORTH AND 495 FEET EAST OF THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER OF SECTION 31, TOWNSHIP 20 NORTH, RANGE 3 EAST OF THE W.M.; THENCE NORTH 330 FEET TO THE POINT OF BEGINNING; THENCE WEST 165 FEET; THENCE SOUTH 55 FEET; THENCE EAST 165 FEET; THENCE NORTH 55 FEET TO THE POINT OF BEGINNING. SITUATE IN THE CITY OF LAKEWOOD, COUNTY OF PIERCE, STATE OF WASHINGTON. (Tax Parcel No. 0320312075) (commonly known as 3418-3422 S. 84th Street, Tacoma WA 98499, aka 3418-3422 S. 84th Street, Lakewood, WA 98499 (vacant land), which is subject to that certain Deed of Trust dated February 6, 2007, and recorded on February 27, 2007 under Auditor's/Recorder's No. 200702270909; and re-recorded under Auditor's No. 200811070156, records of Pierce County, Washington, from Reid-Dallas, LLC, a Washington Limited Liability Company, as Grantor, to Rainier Title Company, as Trustee, to secure an obligation in favor of Westsound Bank. The beneficial interest is now held by 2010-1 RADC/ CADC Property II, LLC, following closure of Westsound Bank by the Washington Department of Financial Institutions and the appointment of the Federal Deposit Insurance Corporation ("FDIC"), as receiver, and transfer of this loan by the FDIC, as receiver, to 2010-1 RADC/CADC Venture, LLC, by allonge and under Assignment of Real Estate Deed of Trust, effective September 1, 2010, and recorded under Pierce County Auditor File Number 201012010390, and transfer of this loan by 2010-1 RADC/CADC Venture, LLC to 2010-1 RADC/CADC Property II, LLC, by allonge and under Assignment of Real Estate Deed of Trust, effective May 14, 2013, and recorded under Pierce County Auditor File Number 201305240355. 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 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: a. Failure to pay the following amounts in arrears: Payment: LOAN MATURED 8/10/08, at which time all principal and interest became fully due and payable. Principal balance:^$690,934.66 Interest at 9.75% due from August 10, 2008 to June 21, 2013^$327,786.19 Advance for Taxes:^$37,365.84 Late charges: ^$ 0.00 TOTAL PAYMENT AND LATE CHARGES: Per Diem $184.56^$1,056,086.69 b. Default other than failure to make monthly payments: Delinquent General Taxes for 2011 for Tax Parcel No. 03-20-31-2-075 in the amount of $13,391.22, plus applicable interest and penalties. Delinquent General Taxes for 2012 for Tax Parcel No. 03-20-31-2-075 in the amount of $11,357.13, plus applicable interest and penalties. Delinquent General Taxes for 1st 1/2 2013 for Tax Parcel No. 03-20-31-2075 in the amount of $10,527.82, plus applicable interest and penalties. IV. The sum owing on the obligation secured by the Deed of Trust is: Principal Balance $690,934.66, together with interest as provided in the note or other instrument secured 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 the 2th day of August, 2013. The defaults referred to in paragraph III must be cured by the 2th day of August, 2013 (the sale date) to cause a discontinuance of the sale. The sale may be terminated any time before the 2th day of August, 2013, 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: Occupants of the Premises All at: 3418-3422 South 84th Street, Lakewood, WA 98499 Daniel A. Reid All at: 5406 78th Avenue Court W., Tacoma, WA 98467 Esther S. Reid Reid-Dallas, LLC Reid-Dallas, LLC At: 3572 South 84th Street, Lakewood, WA 98499 Attn: Brian T. Comfort, Registered Agent Daniel A. Reid Manager of Reid-Dallas, LLC At: 3512 South 84th Street, Lakewood, WA 98499 Reid-Dallas, LLC by both first class and certified mail on January 10, 2013, proof of which is in the possession of the Trustee; and the Borrower and Grantor were personally served on January 12, 2013, when 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 (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 the unlawful detainer act, 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 TO GUARANTORS: Any guarantor of the obligation secured by the deed of trust may be liable for a deficiency judgment
to the extent the sale price obtained at the trustee's sale is less than the debt secured by the deed of trust. All guarantors have the same rights to reinstate the debt, cure the default or repay the debt as is given to the Grantor and Borrower in order to avoid the trustee's sale. Any guarantor will have no right to redeem the property after the trustee's sale. Subject to such longer periods as are provided in the Washington deed of trust act, Chapter 61.24 RCW, any action brought to enforce a guaranty must be commenced within one year after the trustee's sale, or the last trustee's sale under any deed of trust granted to secure the same debt. In any action for a deficiency, a guarantor will have the right to establish the fair value of the property as of the date of the trustee's sale, less prior liens and encumbrances, and to limit the guarantor's liability for a deficiency to the difference between the debt and the greater of such fair value or the sale price paid at the trustee's sale, plus interests and costs. XII. This notice of trustee's sale supersedes and replaces any previous notices of trustee's sale related to the deed of trust referenced herein. DATED: June 17, 2013. RAINIER FORECLOSURE SERVICES, INC., Successor Trustee By: /s/ Kathleen Kim Coghlan Kathleen Kim Coghlan, Treasurer/Secretary Rainier Foreclosure Services, Inc. c/o SCHWEET RIEKE & LINDE, PLLC 575 S. Michigan Street Seattle, WA 98108 (206) 275-1010 STATE OF WASHINGTON) ss. COUNTY OF KING) On this day before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared Kathleen Kim Coghlan, to me known to be the Treasurer/Secretary of the corporation that executed the foregoing NOTICE OF TRUSTEE'S SALE, and acknowledged the said instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned and on oath stated that she is authorized to execute the said instrument. Given under my hand and official seal on June 17, 2013. /s/ Leah A. Bartoces Leah A. Bartoces Notary Public in and for the State of Washington, residing at Mountlake Terrace My commission expires: 10/29/ 14 THIS NOTICE SUPERSEDES AND REPLACES ANY PREVIOUS NOTICE OF TRUSTEE'S SALE RELATING TO THIS LOAN AND IS MADE PURSUANT TO RCW 61.24.050.2(a)(ii). Maureen A. Fitzgerald: (206) 381-0127 July 5, 26