Details for TS No. OR08000011-18-1 APN R439118 TO No 180066093-OR-MSO TRUSTEE'S NOTICE

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TS No. OR08000011-18-1 APN R439118 TO No 180066093-OR-MSO TRUSTEE'S NOTICE OF SALE Reference is made to that certain Trust Deed made by, AARON R. SMITH AND GWEN SMITH, AS TENANTS BY THE ENTIRETY as Grantor to REGIONAL TRUSTEE SERVICES as Trustee, in favor of BENEFICIAL OREGON INC. as Beneficiary dated as of September 27, 2006 and recorded on October 2, 2006 as Instrument No. 2006-019779 and the beneficial interest was assigned to U.S. Bank National Association as Indenture Trustee for the CIM Trust 2016-3, Mortgage-Backed Notes, Series 2016-3 and recorded July 24, 2018 as Instrument Number 2018-008747 of official records in the Office of the Recorder of Klamath County, Oregon to-wit: APN: R439118 BEGINNING AT A POINT 830 FEET NORTH AND 215 FEET WEST OF THE CORNER COMMON TO SECTIONS 19, 20, 29 AND 30 IN TOWNSHIP 38 SOUTH, RANGE 9 EAST OF THE WILLAMETTE MERIDIAN, KLAMATH COUNTY, OREGON; THENCE, WEST 100 FEET; THENCE SOUTH 150 FEET; THENCE EAST 100 FEET; THENCE NORTH 150 FEET TO THE PLACE OF BEGINNING, IN THE SE1/4 SE 1/4 OF SECTION 19, TOWNSHIP 38 SOUTH, RANGE 9 EAST OF THE WILLAMETTE MERIDIAN, KLAMATH COUNTY, OREGON. Commonly known as: 206 GAGE RD, KLAMATH FALLS, OR 97601 Both the Beneficiary, U.S. Bank National Association as Indenture Trustee for the CIM Trust 2016-3, Mortgage-Backed Notes, Series 2016-3, and the Trustee, Nathan F. Smith, Esq., OSB #120112, have elected to sell the said real property to satisfy the obligations secured by said Trust Deed and notice has been recorded pursuant to Section 86.735(3) of Oregon Revised Statutes. The default for which the foreclosure is made is the Grantor's failure to pay: Failed to pay payments which became due Monthly Payment(s): 11 Monthly Payment(s) from 08/02/2017 to 06/02/2018 at $1,405.38 4 Monthly Payment(s) from 07/02/2018 to 10/16/2018 at $1,366.05 Monthly Late Charge(s): 1 Monthly Late Charge(s) 10/29/2018 By this reason of said default the Beneficiary has declared all obligations secured by said Trust Deed immediately due and payable, said sums being the following, to-wit: The sum of $59,076.90 together with interest thereon at the rate of 6.85000% per annum from July 2, 2017 until paid; plus all accrued late charges thereon; and all Trustee's fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the terms of said Trust Deed. Wherefore, notice is hereby given that, the undersigned Trustee will on March 4, 2019 at the hour of 10:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, on the Main Street entrance steps to the Klamath County Circuit Court, 316 Main St, Klamath Falls, OR 97601 County of Klamath, sell at public auction to the highest bidder for cash the interest in the said described real property which the Grantor had or had power to convey at the time of the execution by him of the said Trust Deed, together with any interest which the Grantor or his successors in interest acquired after the execution of said Trust Deed, to satisfy the foregoing obligations thereby secured and the costs and expenses of sale, including a reasonable charge by the Trustee. Notice is further given that any person named in Section 86.753 of Oregon Revised Statutes has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the Beneficiary of the entire amount then due (other than such portion of said principal as would not then be due had no default occurred), together with the costs, Trustee's or attorney's fees and curing any other default complained of in the Notice of Default by tendering the performance required under the obligation or Trust Deed, at any time prior to five days before the date last set for sale. 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 purchasers of residential property should be aware of this potential danger before deciding to place a bid for this property at the Trustee's sale. In construing this notice, the masculine gender includes the feminine and the neuter, the singular includes 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 said Trust Deed, the words "Trustee" and "Beneficiary" includes their respective successors in interest, if any. Dated: 10/29/2018 By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o TRUSTEE CORPS 17100 Gillette Ave, Irvine, CA 92614 949-252-8300 FOR SALE INFORMATION PLEASE CALL: In Source Logic at 702-659-7766 Website for Trustee's Sale Information: www.insourcelogic.comISL Number 51375, Pub Dates: 12/06/2018, 12/13/2018, 12/20/2018, 12/27/2018, HERALD & NEWS #18656 December 06, 13, 20, 27, 2018.

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