NOTICE OF TRUSTEE'S SALE
Lot 3, Willow Crest Estates, Phase 1, according to the plat thereof, recorded in Volume 24 of Plats, page 64, Records of Grant County, Washington
I.
NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the 15th day of February, 2013, at the hour of ten o’clock (10:00 A.M.) at the Grant County Courthouse, 35 C St. NW, Ephrata, WA 98823 sell at public auction to the highest and best bidder, payable at the time of sale, the following described real property, situated in Grant County, Washington.
The property, which is not used principally for agricultural or farming purposes, is commonly known as 3072 Valley Rd NE, Moses Lake, WA, 98837, and bears property tax identification number is 121138082, is described as:
Lot 3, Willow Crest Estates, Phase 1, according to the plat thereof, recorded in Volume 24 of Plats, page 64, Records of Grant County, Washington
which is subject to that certain Deed of Trust granted by Kokou Dogbe and Dede Dogbe on December 30, 2010, and recorded with the Grant County Auditor on January 27, 2010 at Auditor No. 1266428 to secure an obligation in favor of Columbia State Bank, as Beneficiary.
II.
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 Grantor’s default on the obligation secured by the Deed of Trust.
III.
The default(s) for which this foreclosure is made are for failure to pay when due the following amounts that are now in arrears:
Schedule Payment $ 1,669.55
Accrued unpaid interest: $ 553.04 (through October 25, 2012)
Late Fees: $ 1,502.64
Other Charges/Fees: $ 6,375.00
Attorneys’ Fees and Costs: $ 1,000.00 (estimated)
Total Due: $11,100.23
Additionally, the borrower is in default of his obligation to provide the Lender with “financial statements and other related information at such frequencies and in such detail as Lender may reasonably request” by failing to provide copies of filed federal tax returns for the 2009 and 2010 tax years. Because of that failure and refusal, the Lender in good faith believes itself insecure with regard to the Borrower’s ability to pay the indebtedness. This “insecurity” is a further event of default under the terms of the Promissory Note. Further grounds for this “insecurity” arise from the Borrower’s failure to pay the real estate taxes and assessments on a current basis, and as a consequence of the Borrower’s having tendered a check to the Bank supported by insufficient funds. Finally, the borrower is in default for failing to pay the real estate taxes and assessments due for the 2010, 2011 and 2012 tax years.
IV.
The sum owing on the obligation secured by the Deed of Trust is: Principal $268,304.97 together with interest as provided in the Note or other instrument secured from December 30, 2009, and such other costs and fees as are due under the Note or other instrument secured, and as are provided by statute. Interest is continuing to accrue at the rate of 18% or $132.31 per day on the Note.
V.
The above-described 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 warranty, express or implied, regarding title, possession, or encumbrances on the 15th day of February, 2013. The defaults referred to in paragraph III must be cured by the 4th day of February, 2013 (11 days before the sale date) along with payment of other ordinarily scheduled monthly payments to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time on or before the 4th day of February 2013, the default as set forth in paragraph III is cured and the Trustee’s fees and costs are paid. A cure of the default will require that all payments in arrears are paid to a current date, all accrued unpaid interest, late fees and other charges and fees are paid to a current date, and the past due real estate taxes and assessments (and interest charged by Grant County) are paid to a current date. Additionally, a cure of the default will require that the borrower provide the Lender with copies of the Borrower’s federal tax returns, as filed with the United States government, for the 2009 and 2010 tax years. The sale may be terminated any time after the 4th day of February 2013, 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.
A written notice of default was transmitted by the Beneficiary or Trustee to the Grantor or the Grantor’s successor in interest at the following addresses:
VIA FIRST CLASS AND CERTIFIED MAIL on September 18, 2012
Kokou Dogbe
815 Sand Dune Road
Moses Lake, WA 98837-8782
AND POSTING AT 3072 Valley Road NE, Moses Lake, WA, 98837 on September 23, 2012 proof of which is in the possession of the Trustee.
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.
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.
SEL, Inc.
___________________________
Trustee by Thomas A. Lerner
1420 Fifth Avenue, Suite 3000
Seattle, WA 98101-2393
206-626-6000
#02003/2831101
Pub.: January 11 & February 1, 2013