Trustee Sale No.: F25-00369 OR
Trustee's Notice Of Sale
Pursuant to O.R.S. 86.705, et seq. and O.R.S. 79-5010, et seq. Loan No.: 20003725 Reference is made to that certain Deed of Trust made by MPC Builders, LLC, An Oregon Limited Liability Company, whose address is 1700 Chapel Dr, Philomath, OR 97370, as grantor, Fidelity National Title, whose address is 527 NW 3rd St, Corvallis, OR 97330, as Trustee, in favor of Level Capital LLC, a Washington limited liability company, whose address is 11250 Kirkland Way, Suite 100, Kirkland, WA 98033, as beneficiary, dated as of 03/17/2025, and recorded on 03/18/2025 as Instrument No. 2025-651218, in the mortgage records of Benton County, Oregon, the beneficial interest in the Deed of Trust was subsequently assigned via Assignment of Security Instruments recorded on 12/08/2025 as Instrument No. 2025-657773 to ONEIM RTL LTD, an exempted company incorporated in the Cayman Islands with limited liability, who is the current beneficiary and holder of the Promissory Note and whose address is 390 Park Avenue, Suite 1100, New York, NY 10022 covering the following described real and personal property (the "Property") situated in said county and state, to wit: Legal Description: Lot 77, Millpond Crossing - Phase II B, recorded April 29, 2022, as Recording No.: 2022-627080, Benton County Records, in the City of Philomath, County of Benton and State of Oregon. Personal Property Description: See Attached Exhibit "A" APN: 423025 Property Commonly Known As: 765 S 16th St, Philomath, OR 97370 Both the beneficiary and the trustee have elected to sell the real property to satisfy the obligations secured by the Deed of Trust and a notice of default has been recorded pursuant to Oregon Revised Statutes 86.752(3); the default for which foreclosure is made is: The unpaid balance of principal which became all due and payable on 03/17/2026, which is the amount of $364,461.00 as of the date of this notice, plus interest, advances, Trustee's fees and expenses, legal fees and other collection costs. By reason of said default, the beneficiary has declared all sums owing on the obligation secured by said Deed of Trust immediately due and payable including, without limitation, the unpaid and outstanding principal amount of the promissory note made by the Grantor in connection with the obligation secured by said Deed of Trust in the original principal amount of $364,461.00, plus all amounts referenced herein and all subsequent amounts accruing hereafter until paid, including late charges, default interest, costs and expenses, title expenses, trustee's fees and attorneys' fees and further sums advanced by the beneficiary; plus a prepayment premium, if applicable. Current Total Unpaid Principal Balance $ 364,461.00 Reconveyance Fee $ 350.00 Accrued Interest Through 2/28/26 $ 39,194.78 Additional Accrued Interest $ 3,491.49 Soft Cost Balance $ 3,929.04 Estimated Attorney Fees $ 6,000.00 Foreclosure Fees & Costs $ 6,802.98 Less Payments ($ 11,826.01) Total Amount to Pay Loan in Full $ 412,403.28 Wherefore, notice hereby is given that the undersigned trustee will on 08/04/2026 at the hour of 10:00AM. in accord with the standard of time established by Oregon Revised Statutes ("ORS") 187.110, at the following place: in the lobby of the Benton County Courthouse, 120 NW 4th Street, Corvallis, OR 97330, sell at public auction to the highest bidder for cash the interest in the described Property which the grantor had or had power to convey at the time of the execution by Grantor of the Deed of Trust, together with any interest which the Grantor or Grantor's successors in interest acquired after the execution of the Deed of Trust, 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 for payoff quotes requested pursuant to ORS 86.786 must be timely communicated in a written request that complies with that statute addressed to the trustee's "Urgent Request Desk" either by personal delivery to the trustee's physical offices (call for address) or by first class, certified mail, return receipt requested, addressed to the trustee's at the address set forth in this notice. Due to potential conflicts with federal law, persons having no record legal or equitable interest in the subject Property will only receive information concerning the lender's estimated or actual bid. Notice is further given that any person named in ORS 86.778 has the right, at any time prior to five days before the date last set for the sale, to have this foreclosure proceeding dismissed and the Deed of Trust paid off by payment to the beneficiary of the entire amount then due (other than such portion of the principal as would not then be due had no default occurred) and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation or Deed of Trust, and in addition to paying said sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and Deed of Trust, together with trustee's and attorney's fees not exceeding the amounts provided by said ORS 86.778. Requests from persons named in ORS 86.778 for pay off quotes received less than six days prior to the date set for the trustee's sale will be honored only at the discretion of the beneficiary or if required by the terms of the subject loan documents relating to the Deed of Trust. 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 singular includes the plural, the word "grantor" includes any successor in interest to the grantor as well as any other person owing an obligation, the performance of which is secured by said Deed of Trust, and the words "trustee" and "beneficiary" include their respective successors in interest, if any. THE PROPERTY COVERED IN THIS ACTION INCLUDES ALL SUCH REAL PROPERTY AND THE PERSONAL PROPERTY IN WHICH THE BENEFICIARY HAS A SECURITY INTEREST DESCRIBED HEREIN AND IN EXHIBIT "A" ATTACHED HERETO, IT BEING THE ELECTION OF THE CURRENT BENEFICIARY UNDER SAID DEED OF TRUST TO CAUSE A UNIFIED SALE TO BE MADE OF SAID REAL AND PERSONAL PROPERTY IN ACCORDANCE WITH THE PROVISIONS OF ORS 79.0604(1). For Sale Information Call: 877-440-4460 or Login to: www.mkconsultantsinc.com Dated: 2/13/26 ZBS Law, LLP By: /s/ Amber L. Labrecque, Esq., OSB 094593 Title: Managing Attorney, Authorized to Sign on Behalf of the Trustee Physical Address: Amber L. Labrecque, Esq. ZBS Law, LLP 5 Centerpointe Drive, Suite 400-47 Lake Oswego, OR 97035 For further information, please contact: ZBS Law, LLP c/o Assured Lender Services, Inc. 111 Pacifica, Suite 140 Irvine, CA 92618 714-508-7373 Fax: 714-505-3831 a. All existing or future easements, access rights, licenses, hereditaments, tenements, and appurtenances, including without limitation, all minerals, oil, gas, geothermal and similar commercially valuable substances that may be in, under or produced from the Real Property; b. All existing or future buildings, structures or other improvements located on the Real Property (the "Improvements"); c. All existing and future leases, subleases, licenses, or agreements related to possession or occupancy of any portion of the Real Property or the Improvements by third parties ("Leases"), whether oral or written and any extensions and renewals thereof; d. All goods, materials, supplies, chattels, equipment, fixtures, heating, plumbing, refrigeration, lighting fixtures, and/or appliances now or hereafter attached to the Real Property or used in connection therewith, and all inventory located on the Real Property or in the Improvements now or in the future, including those used by Borrower in the development of the Real Property and construction of the Improvements; e. All right, title and interest of Borrower in the land lying within any street or roadway adjoining the Real Property; f. Any vacated or hereafter vacated street or alley adjoining the Real Property; g. Any strips and gores adjoining the Real Property; h. All and singular the passages, waters, water rights (whether tributary or non-tributary or not non-tributary), water courses, wells, well permits, water stock, other rights, liberties and privileges thereof or in any way now or hereafter appertaining to the Real Property, including homestead and any other claim at law or in equity, as well as any after-acquired title, franchise or license, and the reversion .and reversions and remainder and remainders thereof (the "Water Rights") together with any and all associated structures and facilities for the diversion, carriage, transmission, conveyance, measurement, storage or use of said Water Rights, and any and all easements, rights of way, fixtures, personal property, contract rights, licenses, permits or decrees associated with or used in connection with any such Water Rights or which may be necessary for the development, operation or maintenance of such Water Rights); i. Borrower's interest in and to the Loan evidenced by the Loan Documents or any Related Loan (as each of those terms are defined in Section 2, below) and the proceeds thereof, whether disbursed or not, including without limitation any reserve, escrow, impound or other accounts; and any monetary deposits paid by Borrower to any public or private utility relating to the Real Property or the Improvements; j. All rents, issues and profits, including without limitation income, security deposits, revenues, royalties, profits, proceeds of any sale of the Real Property or Improvements, and proceeds of any insurance, warranty or condemnation proceeds ("Rents, Issues and Profits"), whether now due, past due, or to become due; k. All of Borrower's right, title and interest in and to permits or other approvals, designs, plans, specifications, surveys, plat and plat approvals, environmental reports, appraisals, as-built drawings, architectural renderings, engineering, construction contracts or subcontracts, material or supply agreements; consulting agreements; joint venture agreements, marketing and listing agreements, purchase and sale agreements, and another other rights or claims relating to the Real Property or the Improvements ("Plans and Specifications"); I. Borrower's development rights and permits; m. All other intangibles and licenses relating to the Real Property or the Improvements (e.g., trade names, trademarks, logos); n. Any of Borrower's rights under condominium laws, covenants, conditions or restrictions, or homeowner's/condominium association governing documents; and o. All books and records pertaining to the Real Property and the Improvements.
Published by The Oregonian on 05/13/2026