NOTICE OF TRUSTEE'S SALE
PURSUANT TO THE REVISED CODE OF WASHINGTON
CHAPTER 61.24, ET. SEQ.
TO: MARQUIS DEVELOPMENT, INCORPORATED, A WASHINGTON CORPORATION
C/O REGISTERED AGENT
MICHAEL TOWNSEND
516 S. 222ND SUITE 7
DES MOINES, WA 98198
I.
NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the . 17th Day of February, 2006, at the hour of 10 : 00 o'clock A.M. at GRANT COUNTY COURTHOUSE BUILDING, 35 C Street N.W., Ephrata, Washington, 98823, [On the C Street Entrance Steps] 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 GRANT, State of Washington, to-wit:
Lot 4, Vidon Second Addition, according to the Plat Thereof recorded in Volume 18 of Plats, Pages 87, 88, and 89, records of Grant County Auditor. Tax Parcel Number 04-1424-104
Which is subject to that certain Deed of Trust dated the 14th day of May, 2004, recorded under Auditor File Number 1148892 Official Records of Grant County, Washington, from MARQUIS DEVELOPMENT, INC., as Grantor, to CHICAGO TITLE INSURANCE COMPANY, as Trustee, to secure an obligation in favor DARRELL AND THERESA CARPENTER, as beneficiaries.
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 (s) for which this foreclosure is made is/are as follows:
Failure to pay when due the following amounts which are now in arrears:
On November, 17, 2004, A payment was due in the amount of $9,425.22, and the loan has been in Default since then. The November 17, 2004 payment is delinquent and remains partially unpaid. The unpaid balance after applying the partial payments of December 3, 2004, and January 3, 2005, is the sum of $5,970.44, plus costs and fees below.
Also, on May 14, 2005, the Balloon Payment called for in the Note, was due, and no payment has been made thereon either.
Default other than failure to make monthly payments:
Delinquency in 2004 & 2005 taxes.
IV.
The sum owing on the obligation secured by the Deed of Trust is: Principal $15,460.00, together with interest as in the note provided from the May 14, 2004, and such other costs and fees as are provided by the Promissory Note and statute.
V.
The above-descried real property will be sold to satisfy the expense of sale and the obligation secured by the Deed of Trust as provided by statute. The sale will be made without warrany, express or implied, regarding title, possession, or encumbrances on the 17th Day of February, 2006. The default (s) referred to in paragraph III must be cured by the 6th Day of February, 2005. (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 6th Day of February, 2006, 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 the 6th Day of February, and before the sale by the Borrower, Grantor, any Guarantor, 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.
A written notice of default was transmitted by the Beneficiary or Trustee to the Borrower and Grantor at the following addresses:
MARQUIS DEVELOPMENT, INCORPORATED, A WASHINGTON CORPORATION
C/O REGISTERED AGENT
MICHAEL TOWNSEND
516 S. 222ND SUITE 7
DES MOINES, WA 98198
where GRANTOR was personally served on the 24th day of May, 2005 with said written Notice of Default, and the Trustee has possession of proof of such service or posting.
VII.
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.
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 objection to the 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 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.
/s/Charles Steinberg
Charles R. Steinberg, WSBA No. 23980
Successor Trustee
STATE OF WASHINGTON )
) SS.
County of Chelan )
On this day personally appeared before me CHARLES R. STEINBERG, to me known to be the individual described in and who executed the within and foregoing instrument, and acknowleged that he signed the same as his free and voluntary act and deed, for the uses and purposes therein mentioned.
GIVEN under my hand and official seal the 10th day of November, 2005.
/s/Sabrina A. Slough
NOTARY PUBLIC in and for the State of Washington, residing at Wenatchee, WA
My Commission Expires: 1.26.08