NOTICE OF TRUSTEE SALE

ATTENTION ALL INTERESTED PARTIES AND UNKNOWN HEIRS OF RON BELEC:

NOTICE OF TRUSTEE’S SALE PURSUANT TO THE REVISED CODE OF WASHINGTON

CHAPTER 61.24 ET SEQ. 

ATTENTION ALL INTERESTED PARTIES AND UNKNOWN HEIRS OF RON BELEC: NOTICE OF TRUSTEE’S SALE PURSUANT TO THE REVISED CODE OF WASHINGTON CHAPTER 61.24 ET SEQ.  NOTICE IS HEREBY GIVEN that the undersigned Successor Trustee or its designated representative will on the    10th day of December, 2010, at the hour of 10:00 a.m. inside the main lobby of the Police Justice County Building, 401 Balsam Street, Moses Lake, Washington, sell at public auction to the highest and best bidder, payable at the time of sale, that real property situated in Grant County, State of Washington, which is more particularly described as follows:  Lot 15, Bayview Heights III, Third Division, according to the plat thereof recorded in Volume 13 of Plats, pages 42 and 43, records of Grant County, Washington.  All of which is subject to that certain Deed of Trust (the “Deed of Trust”) dated December 8, 2005, and recorded January 23, 2006, under Instrument Number 1184120, in the official records of Grant County, Washington, from Ron Belec, the Trustee of The Paladin Family Trust, as grantor (“Belec”), to Chicago Title Insurance Company, as Trustee, to secure an obligation in favor of Katabasis International, Inc., and WCFS, Inc., as beneficiaries (collectively, the “Beneficiary”). An Appointment of Successor Trustee appointing LPSL Corporate Services, Inc. as Successor Trustee was recorded September 10, 2010, under Instrument Number 1275901, in the official records of Grant County, Washington. 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 Borrower’s default on the obligation secured by the Deed of Trust. III. The defaults for which this foreclosure is made are as follows:  Failure to pay the following amounts which are now in arrears: 1. Unpaid monthly interest payments due February 15, 2006 through September 1, 2010:  $213,041.10; 2. Other charges, costs and fees: In addition to the amounts in arrears specified above, you are or may be obligated to pay the following estimated charges, costs and fees: a) Attorney’s fees: $15,000.00, b) Title report: $814.65, c) Service/Posting/Publishing Notices of Default, Sale and Foreclosure: $150.00, d) Postage/Copy expense: $100.00; e) Recording fees: $100.00; TOTAL TO REINSTATE:  $229,205.75. IV. The sum owing on the obligation sSecured by the Deed of Trust is the unpaid principal balance of $450,000.00, together with interest from December†8,†2005, as provided in the Promissory Note and such other advances, costs and fees as are due and will come due under the Promissory Note or other instrument, and as provided by statute. V.  The above-referenced real property will be sold to satisfy the expenses of sale and the obligations secured by said Deed of Trust as provided by statute.  The sale will be made without warranty, express or implied, regarding title, possession or encumbrance on the   10th day of December 2010   .  The defaults referred to in Paragraph III, together with any subsequent payments, late charges, advances, costs and fees thereafter due, must be cured by the   29th day of November, 2010   (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 29th day of November,

2010 (11 days before the sale date), the defaults as set forth in Paragraph III are cured and the Successor Trustee’s fees and costs are paid. The sale may be terminated any time

after the 29th day of November, 2010   (11 days before the sale date) and    before the sale by the Borrower, Belec, 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, including, but not limited to, the Promissory Note and/or Deed of Trust, and curing all other defaults. VI. A written Notice of Default was transmitted by the Beneficiary to Belec and Borrower at the following addresses: LSS International, Inc. (Borrower), 800 5th Avenue #101-363, Seattle, Washington  98104; Laurie Butler (Borrower’s Registered Agent), 102 Prefontaine Pl S., Seattle, WA  98104;  Ron Belec, Trustee of the Paladin Family Trust (Grantor), 526 1st Avenue South, #220, Seattle, WA  98104-2814; by both first class and certified mail on the 30th day of July, 2010, proof of which is in the possession of the Successor Trustee; and the Notice of Default was posted on the real property situated in Grant County on the 30th day of July, 2010, and the Successor Trustee has possession of proof of such service. VII. The Successor 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 Belec and all those who hold by, through or under Belec 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. 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 Belec under the Deed of Trust (the owners) and anyone having an interest junior to the Deed of Trust, 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 . THIS NOTICE IS AN ATTEMPT TO COLLECT A DEBT, AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT

PURPOSE.  DATED September 9, 2010. LPSL Corporate Services, Inc. Trustee, By U   /s/ Charles R. Ekberg, Its:  Vice President.  Address:  LPSL Corporate Services, Inc., 1420 Fifth Avenue, Suite 4100, Seattle, Washington 98101-2338.  Phone: (206) 223-7040.  Attention:  Charles R. Ekberg

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Pub.: November 8 & 29, 2010