Sign In
 [New User? Sign Up]
 
Mobile Version

NOTICE OF TRUSTEES SALE in Everett, WA 98201, US

  • Email Friend
  • Save Ad
  • QR Code
Location: Everett, WA 98201, US
Category: Events and Notices - Legal and Public Notices
Posted: 03/25/2020
Contact: 253-383-7058

Details

NOTICE OF TRUSTEES SALE Grantors: Wang, Stephanie A., Kim, Lucas J. Current Beneficiary of the Deed of Trust: Commonwealth Business Bank Current Trustee of the Deed of Trust: Turnbull & Born, PLLC Current Mortgage Servicer of the Deed of Trust: Commonwealth Business Bank Reference No. of the Deed of Trust: 201412190327 Tax Parcel ID No.: 011209-000-001-00 Abbrev. Legal: Lot 1, Ruggs Lake Estates, Rec 201012085001 NOTICE IS HEREBY GIVEN that the undersigned Trustee will, on the 24th day of April, 2020, at the hour of 10:00 oclock A.M., on the steps in front of the North Entrance to the Snohomish County Superior Courthouse, located at 3000 Rockefeller Avenue, Everett, WA 98201, 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 Snohomish, State of Washington, to-wit: LOT 1, RUGGS LAKE ESTATES, ACCORDING TO THE PLAT THEREOF RECORDED UNDER AUDITOR'S FILE NUMBER 201012085001. SITUATE IN THE COUNTY OF SNOHOMISH, STATE OF WASHINGTON and commonly known as 2322 122nd Pl. SE, Everett, WA 98208., and which is subject to that certain deed of trust (the "Deed of Trust) dated December 12, 2014 and recorded on December 19, 2014, under Auditor's File No. 201412190327, records of Snohomish County, Washington from Stephanie A. Wang and Lucas J. Kim, as grantors (collectively, Grantor), to Commonwealth Business Bank, as original Trustee, to secure an obligation in favor of Commonwealth Business Bank, as beneficiary. On February 19, 2019, the beneficiary Commonwealth Business Bank appointed Turnbull & Born, PLLC as successor Trustee, pursuant to an Appointment of Successor Trustee recorded with the Snohomish County Auditor on August 1, 2019, under Auditors File No. 20190801065. 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 borrowers or Grantors default on the obligation secured by the Deed of Trust. The default for which this foreclosure is made is as follows: Failure to pay when due the following amounts which are now in arrears: Arrearage: A. Past due payments (through 12.1.19): $37,624.09 B. Appraisal fees: $ 1,000.00 C. Attorneys fees (prior to non-judicial): $ 684.00 D. Late charges: $ 2,717.89 TOTAL ARREARAGE: $42,025.98 Trustees Expenses: A. Title report: $ 1,067.26 B. Trustees Fee & Attorney fee: $ 2,500.00 C. Statutory Mailings: $ 50.00 D. Postings & copies: $ 135.00 E. Recording costs: $ 130.00 TOTAL EXPENSES: $ 3,882.26 Total Amount Past Due: $ 45,908.15 Plus additional payments, interest, late charges, expenses and fees from December 1, 2019 to date of cure, plus any unpaid property taxes. The sum owing on the obligation secured by the Deed of Trust is: principal of $227,246.31 together with interest, attorneys fees, costs, property taxes and late charges as provided in the note or other instrument secured, and such other costs and fees as are due under the note or other instrument secured, and as are provided by statute. 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 24th day of April, 2020. The defaults referred to in Paragraph III, together with any subsequent payments, late charges, advanced costs and fees thereafter due must be cured by the 13th day of April, 2020 (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 13th day of April, 2020 (11 days before the sale date), the defaults as set forth in Paragraph III, together with any subsequent payments, late charges, advanced costs and fees thereafter due are cured and the Trustee=s fees and costs are paid. The sale may be terminated any time after the 13th day of April, 2020 (11 days before the sale date) and before the sale by the borrower, Grantor, any guarantor or the holder of any recorded junior lien or encumbrance by 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. A written notice of default was transmitted by the Beneficiary or Trustee to the borrower or Grantor at the following addresses: Lucas J. Kim Stephanie A. Wang 2322 122nd Pl. SE Everett, WA 98208 by both first class and certified mail return receipt requested on the 2nd day of October, 2019, proof of which is in the possession of the Trustee; and the written notice of default was posted in a conspicuous place on the real property described in Paragraph I above on October 3, 2019, and the Trustee has possession of proof of such service or posting. The beneficiary declaration referenced by RCW 61.24.030(7)(a) was transmitted by the Beneficiary or Trustee to the borrower or Grantor at the address listed above on November 15, 2019 by both first class and certified mail return receipt requested. 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. The effect of the sale will be to deprive the Grantor and all those who hold by, through or under the Grantor of all its interest in the above-described property. Anyone having any objection to the sale on any grounds whatsoever will be afforded an opportunity to be heard as to the 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 Trustees sale. The purchaser at the trustees 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. GUARANTORS: Please take notice that: (1) the guarantor(s) may be liable for a deficiency judgment to the extent the sale price obtained at the trustees sale is less than the debt secured by the deed of trust; (2) the guarantor(s) has the same rights to reinstate the debt, cure the default, or repay the debt as is given to the grantor in order to avoid the trustees sale; (3) the guarantor will have no right to redeem the property after the trustees sale; (4) subject to such longer periods as are provided in the Washington deed of trust act, chapter 61.24 RCW, any action brought to enforce a guaranty must be commenced within one year after the trustees sale, or the last trustees sale under any deed of trust granted to secure the same debt; and (5) in any action for a deficiency, the guarantor(s) will have the right to establish the fair value of the property as of the date of the trustees sale, less prior liens and encumbrances, and to limit its liability for a deficiency to the difference between the debt and the greater of such fair value or the sale price paid at the trustee's sale, plus interest and costs. DATED: December 17, 2019. TURNBULL & BORN, PLLC, Trustee By /s/ Brian M Born Brian M. Born, Member 950 Pacific Avenue, Ste 1050 Tacoma, WA 98402 Telephone: 253-383-7058 Published: March 25; April 15, 2020.EDH895192
Powered By Adicio