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TRUSTEES NOTICE OF SALE, NOTICE OF
TRUSTEE'S NOTICE OF SALE, NOTICE OF DEFAULT, AND ELECTION TO SELL
The Successor Trustee under the terms of the Trust Deed and Promissory Note described herein, at the direction of the Beneficiary, hereby gives notice of sale, default, and elects to sell the property described in the Trust Deed to satisfy the obligations secured thereby. The following information is provided:
1. PARTIES
Grantor: Carol A. Davis, Luis J. Jauregui, Jr., Penny C. Jauregui, P.C.J. Living Trust
Original Trustee: First American Title of Oregon, 200 SW Market St. Ste. 250, Portland, OR 97201
Successor Trustee: Darien S. Loiselle, Sokol, Larkin, Wagner & Storti, LLC
Beneficiary: AMR Investment Group, LLC
Current Occupant: None
2. DESCRIPTION OF THE PROPERTY: The Property is described as follows: Street Address: APN / Parcel ID(s) 1048768, Tax/Map(s) 37-2W-13-AC-201, Legal Description:
See Exhibit A attached hereto.
3. RECORDING: The Trust Deed was recorded as follows: Dated: May 24, 2019, Date Recorded: May 29, 2019, Instrument No.: 2019-014468, Jackson County.
4. DEFAULT: The Grantor(s) are in default and the Beneficiary has declared all sums due pursuant to the terms of the Promissory Note dated May 24, 2019, in the original amount of one million two hundred twenty-five thousand dollars ($1,225,000.00) plus interest thereon at the rate of 10.5% per annum, in the monthly principal and interest installments of not less than $10,718.75 for 22 consecutive payments, beginning on July 1, 2019, subject to a default rate of interest of 18.5% per annum and subject to a postmaturity rate of interest of 8%, the original of which is incorporated into the Trust Deed by reference, the entire balance of which is presently due and owing and the Beneficiary and Successor Trustee have elected to foreclose the Trust Deed including, but not limited to, the following: 1. Failure to make principal installment payments; 2. Failure to interest installment payments; 3. Failure to pay late fees; and 4. Failure to pay default interest and costs.
5. AMOUNT DUE: By reason of the Default just described, the Beneficiary has declared and does hereby does declare all sums owing on the obligations secured by the Trust Deed immediately due and payable, those sums being the following: principal in the amount of one million two hundred twenty-five thousand dollars ($1,225,000.00) plus interest thereon at the rate of 10.5% per annum, in the monthly principal and interest installments of not less than $10,718.75 for 22 consecutive payments, beginning on July 1, 2019, subject to a default rate of interest of 18.5% per annum and subject to a postmaturity rate of interest of 8% (or the maximum extent allowed by law whichever is less); title expenses; insurance; costs; trustee fees; attorney fees; and any other cost advances made by the Beneficiary to protect their interest in the said real property pursuant to the terms of the Trust Deed, including but not limited to attorney fees and costs incurred in defending and protecting the Beneficiary's interest in the Property against claims by third parties. Please note that the amounts stated herein are subject to confirmation and review and are likely to change in the next 30 days. Please contact the Successor Trustee to obtain a payoff quote prior to remitting funds.
6. ELECTION TO SELL: The Successor Trustee hereby elects to sell the Property at the time, place, and location listed below by public auction to the highest bidder in the form of cash equivalent (certified funds or cashier's check) the interest in Property which the Grantor(s) had or had power to convey at the time it executed the Trust Deed, together with any interest which the Grantor(s) or its successors in interest acquired after the execution of the Trust Deed, to satisfy the obligations thereby secured and the costs and expenses of sale, including reasonable charge by the Successor Trustee and costs and fees permitted under the Trust Deed.
7. TIME AND PLACE OF SALE: Date: Friday , April 3 , 2026. Time: 9:00 AM. Place: Jackson County Courthouse, 100 S Oakdale Ave., Medford, OR 97501
8. RIGHT TO REINSTATE: The right exists under ORS 86.778 to have the proceeding dismissed and the Trust Deed reinstated by paying the entire amount then due, together with costs, trustee's fees, and attorney fees, and by curing any other default complained of in the Notice of Default, at any time that is not later than five days before the date last set for the sale.
9. STATUTORY NOTICE: Without limiting the trustee's disclaimer of representations or warranties, Oregon Law requires the trustee to state in this notice that some residential property sold at a trustee's sale may have been used in manufacturing methamphetamines, the chemical components of which are known to be toxic. Prospective purchases of residential property should be aware of this potential danger before deciding to place a bid for this property at the trustee's sale.
10. DEBT COLLECTION NOTICE TO CAROL A. DAVIS AND LUIS J. JAUREGUI, JR. AND PENNY C. JAUREGUI OF THE P.C.J. LIVING TRUST (GRANTORS): Grantors owe creditor, Beneficiary, the amounts described above pursuant to the Trust Deed and Promissory Note described above. Unless Grantors notify the undersigned Successor Trustee within thirty (30) days after receipt of this notice that the validity of this debt, or any portion of it, is disputed, Beneficiary and the Successor Trustee will assume that the debt is valid. If Grantors send the Successor Trustee written notice within 30 days that Grantor disputes this debt, or any portion thereof, the Successor Trustee will obtain verification of the debt and mail it to Grantors. Also, upon Grantors' request within thirty (30) days, the Successor Trustee will provide you with the name and address of the original creditor, if different from the current creditor. This notice is an attempt to collect a debt any information obtained will be used for that purpose.
11. MISCELLANEOUS: Other than as shown of record, neither Beneficiary nor Successor Trustee have any actual notice of any person having or claiming to have lien upon or interest in the Property described above subsequent to the interest in the Trust Deed, or of any successor(s) in interest to the grantors of any lessee of other person in possession of or occupying the Property, except: a. Clearinghouse Community Development Financial Institution, as noted in the Deed of Reconveyance: Dated: September 29, 2023, Date Recorded: October 2, 2023, Instrument No.: 2023-020832, Jackson County. In construing this notice, the masculine gender includes the feminine and the neuter, the singular includes the plural, the word "grantor" includes any successor in interest to the grantor as well as any other persons owing an obligation, the performance of which is secured by the Trust Deed, and the words "trustee" and "beneficiary" include their respective successors in interest if any.
Exhibit A
Legal Description
Tract A: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 502.60 feet to a 5/8" iron pin for the true Point of Beginning; thence North 89° 54' 50" West 335.48 feet to a 5/8" iron pin; thence North 110.00 feet to a 5/8" iron pin; thence South 89° 54' 50" East 129.19 feet to a 5/8" iron pin; thence North 157.60 feet to a 5/8" iron pin; thence South 89° 54' 50" East 53.74 feet to a 5/8" iron pin; thence South 50.00 feet to a 5/8" iron pin; thence South 89° 54' 50" East 152.55 feet to a 5/8" iron pin; thence South 217.60 feet to the true Point of Beginning.
Tract B: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet to a 5/8" iron pin, thence South 89° 54' 50" East 7.45 feet, thence North 213.30 feet to a 5/8" iron pin for the true Point of Beginning; thence North 89° 54' 50" West 160.00 feet to a 5/8" iron pin; thence North 291.15 feet to a 5/8" iron pin; thence South 89° 54' 50" East 160.00 feet to a 5/8" iron pin; thence South 291.15 feet to the true Point of Beginning.
Tract C: That tract of land situated in the Northeast Quarter of Section 13, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, and being more fully described as follows: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet to a 5/8" iron pin, thence South 89° 54' 50" East 7.45 feet to the true Point of Beginning; thence North 530.57 feet to a 5/8" iron pin; thence South 89° 54' 50" East 164.20 feet to a 5/8" iron pin; thence South 530.57 feet to a 5/8" iron pin; thence North 89° 54' 50" West 164.20 feet to the true Point of Beginning.
ALSO: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet, thence South 89° 54' 50" East 171.65 feet, thence North 530.57 feet to a 5/8" iron pin for the true Point of Beginning; thence North 89° 54' 50" West 30.0 feet to a 5/8" iron pin; thence North 249.83 feet to a 5/8" iron pin on the South line of the County Road (Midway Road); thence South 89° 50' 20" East, along said South line, 30.0 feet to a 5/8" iron pin; thence South 249.79 feet to the true Point of Beginning. Also, that tract of land situated in the Northeast Quarter of Section 13, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon and being more fully described as follows: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet to a 5/8" iron pin for the true Point of Beginning; thence North 213.30 feet to a 5/8" iron pin; thence South 89° 54' 50" East 7.45 feet to a 5/8" iron pin; thence South 213.30 feet; thence North 89° 54' 50" West 7.45 feet to the true Point of Beginning.
The Successor Trustee under the terms of the Trust Deed and Promissory Note described herein, at the direction of the Beneficiary, hereby gives notice of sale, default, and elects to sell the property described in the Trust Deed to satisfy the obligations secured thereby. The following information is provided:
1. PARTIES
Grantor: Carol A. Davis, Luis J. Jauregui, Jr., Penny C. Jauregui, P.C.J. Living Trust
Original Trustee: First American Title of Oregon, 200 SW Market St. Ste. 250, Portland, OR 97201
Successor Trustee: Darien S. Loiselle, Sokol, Larkin, Wagner & Storti, LLC
Beneficiary: AMR Investment Group, LLC
Current Occupant: None
2. DESCRIPTION OF THE PROPERTY: The Property is described as follows: Street Address: APN / Parcel ID(s) 1048768, Tax/Map(s) 37-2W-13-AC-201, Legal Description:
See Exhibit A attached hereto.
3. RECORDING: The Trust Deed was recorded as follows: Dated: May 24, 2019, Date Recorded: May 29, 2019, Instrument No.: 2019-014468, Jackson County.
4. DEFAULT: The Grantor(s) are in default and the Beneficiary has declared all sums due pursuant to the terms of the Promissory Note dated May 24, 2019, in the original amount of one million two hundred twenty-five thousand dollars ($1,225,000.00) plus interest thereon at the rate of 10.5% per annum, in the monthly principal and interest installments of not less than $10,718.75 for 22 consecutive payments, beginning on July 1, 2019, subject to a default rate of interest of 18.5% per annum and subject to a postmaturity rate of interest of 8%, the original of which is incorporated into the Trust Deed by reference, the entire balance of which is presently due and owing and the Beneficiary and Successor Trustee have elected to foreclose the Trust Deed including, but not limited to, the following: 1. Failure to make principal installment payments; 2. Failure to interest installment payments; 3. Failure to pay late fees; and 4. Failure to pay default interest and costs.
5. AMOUNT DUE: By reason of the Default just described, the Beneficiary has declared and does hereby does declare all sums owing on the obligations secured by the Trust Deed immediately due and payable, those sums being the following: principal in the amount of one million two hundred twenty-five thousand dollars ($1,225,000.00) plus interest thereon at the rate of 10.5% per annum, in the monthly principal and interest installments of not less than $10,718.75 for 22 consecutive payments, beginning on July 1, 2019, subject to a default rate of interest of 18.5% per annum and subject to a postmaturity rate of interest of 8% (or the maximum extent allowed by law whichever is less); title expenses; insurance; costs; trustee fees; attorney fees; and any other cost advances made by the Beneficiary to protect their interest in the said real property pursuant to the terms of the Trust Deed, including but not limited to attorney fees and costs incurred in defending and protecting the Beneficiary's interest in the Property against claims by third parties. Please note that the amounts stated herein are subject to confirmation and review and are likely to change in the next 30 days. Please contact the Successor Trustee to obtain a payoff quote prior to remitting funds.
6. ELECTION TO SELL: The Successor Trustee hereby elects to sell the Property at the time, place, and location listed below by public auction to the highest bidder in the form of cash equivalent (certified funds or cashier's check) the interest in Property which the Grantor(s) had or had power to convey at the time it executed the Trust Deed, together with any interest which the Grantor(s) or its successors in interest acquired after the execution of the Trust Deed, to satisfy the obligations thereby secured and the costs and expenses of sale, including reasonable charge by the Successor Trustee and costs and fees permitted under the Trust Deed.
7. TIME AND PLACE OF SALE: Date: Friday , April 3 , 2026. Time: 9:00 AM. Place: Jackson County Courthouse, 100 S Oakdale Ave., Medford, OR 97501
8. RIGHT TO REINSTATE: The right exists under ORS 86.778 to have the proceeding dismissed and the Trust Deed reinstated by paying the entire amount then due, together with costs, trustee's fees, and attorney fees, and by curing any other default complained of in the Notice of Default, at any time that is not later than five days before the date last set for the sale.
9. STATUTORY NOTICE: Without limiting the trustee's disclaimer of representations or warranties, Oregon Law requires the trustee to state in this notice that some residential property sold at a trustee's sale may have been used in manufacturing methamphetamines, the chemical components of which are known to be toxic. Prospective purchases of residential property should be aware of this potential danger before deciding to place a bid for this property at the trustee's sale.
10. DEBT COLLECTION NOTICE TO CAROL A. DAVIS AND LUIS J. JAUREGUI, JR. AND PENNY C. JAUREGUI OF THE P.C.J. LIVING TRUST (GRANTORS): Grantors owe creditor, Beneficiary, the amounts described above pursuant to the Trust Deed and Promissory Note described above. Unless Grantors notify the undersigned Successor Trustee within thirty (30) days after receipt of this notice that the validity of this debt, or any portion of it, is disputed, Beneficiary and the Successor Trustee will assume that the debt is valid. If Grantors send the Successor Trustee written notice within 30 days that Grantor disputes this debt, or any portion thereof, the Successor Trustee will obtain verification of the debt and mail it to Grantors. Also, upon Grantors' request within thirty (30) days, the Successor Trustee will provide you with the name and address of the original creditor, if different from the current creditor. This notice is an attempt to collect a debt any information obtained will be used for that purpose.
11. MISCELLANEOUS: Other than as shown of record, neither Beneficiary nor Successor Trustee have any actual notice of any person having or claiming to have lien upon or interest in the Property described above subsequent to the interest in the Trust Deed, or of any successor(s) in interest to the grantors of any lessee of other person in possession of or occupying the Property, except: a. Clearinghouse Community Development Financial Institution, as noted in the Deed of Reconveyance: Dated: September 29, 2023, Date Recorded: October 2, 2023, Instrument No.: 2023-020832, Jackson County. In construing this notice, the masculine gender includes the feminine and the neuter, the singular includes the plural, the word "grantor" includes any successor in interest to the grantor as well as any other persons owing an obligation, the performance of which is secured by the Trust Deed, and the words "trustee" and "beneficiary" include their respective successors in interest if any.
Exhibit A
Legal Description
Tract A: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 502.60 feet to a 5/8" iron pin for the true Point of Beginning; thence North 89° 54' 50" West 335.48 feet to a 5/8" iron pin; thence North 110.00 feet to a 5/8" iron pin; thence South 89° 54' 50" East 129.19 feet to a 5/8" iron pin; thence North 157.60 feet to a 5/8" iron pin; thence South 89° 54' 50" East 53.74 feet to a 5/8" iron pin; thence South 50.00 feet to a 5/8" iron pin; thence South 89° 54' 50" East 152.55 feet to a 5/8" iron pin; thence South 217.60 feet to the true Point of Beginning.
Tract B: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet to a 5/8" iron pin, thence South 89° 54' 50" East 7.45 feet, thence North 213.30 feet to a 5/8" iron pin for the true Point of Beginning; thence North 89° 54' 50" West 160.00 feet to a 5/8" iron pin; thence North 291.15 feet to a 5/8" iron pin; thence South 89° 54' 50" East 160.00 feet to a 5/8" iron pin; thence South 291.15 feet to the true Point of Beginning.
Tract C: That tract of land situated in the Northeast Quarter of Section 13, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, and being more fully described as follows: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet to a 5/8" iron pin, thence South 89° 54' 50" East 7.45 feet to the true Point of Beginning; thence North 530.57 feet to a 5/8" iron pin; thence South 89° 54' 50" East 164.20 feet to a 5/8" iron pin; thence South 530.57 feet to a 5/8" iron pin; thence North 89° 54' 50" West 164.20 feet to the true Point of Beginning.
ALSO: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet, thence South 89° 54' 50" East 171.65 feet, thence North 530.57 feet to a 5/8" iron pin for the true Point of Beginning; thence North 89° 54' 50" West 30.0 feet to a 5/8" iron pin; thence North 249.83 feet to a 5/8" iron pin on the South line of the County Road (Midway Road); thence South 89° 50' 20" East, along said South line, 30.0 feet to a 5/8" iron pin; thence South 249.79 feet to the true Point of Beginning. Also, that tract of land situated in the Northeast Quarter of Section 13, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon and being more fully described as follows: Commencing at a 5/8" iron pin on the South line of Donation Land Claim No. 59, Township 37 South, Range 2 West, Willamette Meridian, Jackson County, Oregon, from which the Southeast corner of Donation Land Claim No. 38, Township 37 South, Range 1 West, Willamette Meridian, Jackson County, Oregon, bears South 89° 54' 50" East 3554.55 feet, thence North 506.90 feet to a 5/8" iron pin for the true Point of Beginning; thence North 213.30 feet to a 5/8" iron pin; thence South 89° 54' 50" East 7.45 feet to a 5/8" iron pin; thence South 213.30 feet; thence North 89° 54' 50" West 7.45 feet to the true Point of Beginning.
Posted Online 6 weeks ago
Published in the Rogue Valley Times
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