NOTICE OF TRUSTEE'S SALE
PURSUANT TO THE REVISED CODE OF WASHINGTON
CHAPTER 61.24 RCW
Abbreviated Legal: Lots 9-11, Block 6, Supplement Plat of Lake Chelan Land Co. Full Legal on: Pages 1 and 2. Assessor's Tax Parcel No.: 28-21-35-696-180. Prior Document Reference No.: 2166447. TO: T. H. DODGE CORPORATION, P. O. Box 484, Manson, WA 98831-0484; TIMOTHY H. DODGE, A/K/A TIMOTHY HUGH DODGE, P. O. Box 484, Manson, WA 98831-0484; "OCCUPANT", 76 Wapato Way, Manson, WA 98831; "OCCUPANT", 80 Wapato Way, Manson, WA 98831. I. NOTICE IS HEREBY GIVEN that the undersigned Trustee will, on the 4th day of December, 2009, at the hour of 10:00 A.M., at the front entrance of the Chelan County Courthouse, 401 Washington Street, in the City of Wenatchee, State of Washington, sell at public auction to the highest and best bidder, payable at the time of sale, the following-described real property and Equipment, situated in the County of Chelan, State of Washington, to-wit: Lots 9, 10 and 11, Block 6, Supplemental Plat of Lake Chelan Land Company's Plat of Low Line Division No. 2, Townsite of Manson and Highline Division No. 3 Chelan County, Washington, according to the plat thereof recorded in Volume 3 of Plats, Page 32. (Assessor's Tax Parcel No.
28-21-35-696-180). TOGETHER WITH all Equipment described in the Commercial Security Agreement and located on the
above-described real property, which is subject to that certain Deed of Trust dated February 4, 2004, and recorded on February 5, 2004, under Auditor's File No. 2166447, records of Chelan County, Washington, from Timothy H. Dodge, as his separate estate, who has acquired title as Timothy Hugh Dodge, as his separate estate, as Grantor, to Land Title Company, as Trustee, to secure an obligation in favor of Pacific Northwest Bank, as Beneficiary, and that certain Commercial Security Agreement dated February 4, 2004, given by T. H. Dodge Corporation. The beneficial interest under said Deed of Trust and Commercial Security Agreement was assigned to Capital Crossing Bank by Assignment recorded June 26, 2006, as Instrument No. 2230591 and was further assigned to Cranberry Financial, LLC by instrument recorded under Auditor's number 2292697. 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 the Borrower's or Grantor's default on the obligation secured by the Deed of Trust and Commercial Security Agreement. III. The defaults for which this foreclosure is made are as follows: Failure to pay when due the following amounts, which are now in arrears: Delinquent Payments: Seventeen (17) Payments of Principal and Interest in the Amount of $3,017.55 each due from June 4, 2008, through October 4, 2009 - $51,298.35; Default Interest: Default Interest at 25% from June 4, 2008, to October 1, 2009 (Calculated at premium of 17.50% due to interest at 7.50% included in above payments of principal and interest) - $77,097.32; Late Charges: $220.00; TOTAL: $128,615.67. IV. The sum owing on the obligation secured by the Deed of Trust and Commercial Security Agreement is: Principal of $331,798.39, together with interest as provided in the Note or other instrument secured from the 4th day of May, 2008, and such other costs and fees as are due under the Note or other instrument secured, and as are provided by statute. V. The above-described real property and Equipment 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 4th day of December, 2009. The defaults referenced in Paragraph III must be cured by the 23rd day of November, 2009 (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 23rd day of November, 2009 (11 days before the sale date), the defaults, as set forth in Paragraph III, are cured and the Trustee's fees and costs are paid. The sale may be terminated any time after the 23rd day of November, 2009 (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 paying the entire principal and interest secured by the Deed of Trust and Commercial Security Agreement, plus costs, fees and advances, if any, made pursuant to the terms of the obligation and/or Deed of Trust and Commercial Security Agreement, and curing all other defaults. VI. A written Notice of Default was transmitted by the Beneficiary or Trustee to the Borrower and Grantor at the following addresses: Name/Address: T. H. Dodge Corporation, P. O. Box 484, Manson, WA 98831-0484; Timothy H. Dodge, P. O. Box 484, Manson, WA 98831-0484; by both first class and certified mail on the 15th day of August, 2008, proof of which is in the possession of the Trustee; and the written Notice of Default was personally served on Timothy H. Dodge on August 16, 2008, and the Trustee has possession of proof of such service. 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 real property and Equipment. 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 real property and Equipment on the 20th day following the sale, as against the Grantor under the Deed of Trust and Commercial Security Agreement (the owner) and anyone having an interest junior to the Deed of Trust and Commercial Security Agreement, including occupants and tenants. After the 20th day following the sale, the purchaser has the right to evict occupants and tenants by summary proceedings under the unlawful detainer act, Chapter 59.12, Revised Code of Washington.
DATED this 7th day of October, 2009.
Philip S. Brooke III, Successor Trustee
717 West Sprague Avenue, Suite 1200
Spokane, WA 99201-3505
