Notice of Trustee Sale 092409K&L Gates, LLP
Attn: Christopher Wyant
92S Fourth Ave., Suite 2900
Seattle, Washington 98104
File No.:
Grantors}:
Grantee:
2037501.00054
Christopher M. Wyant; WF Capital, Inc.
FH 1, LLC
Abbreviated Legal: (1}SECTION 25, TOWNSHIP 17 N., RANGE 1
E., SW QUARTER, NE QUAR'I~ER
(2) PARCEL A, BLA-8144, REC. 9505220008
Assessor's Tax Parcel ID #:
Reference Number of Related
Documents (Deed of Trust}:
21725130200;21725130300
3874132
NOTICE OF TRUSTEE'S SALE
Pursuant to the Revised Code of Washington, Chapter 61.24 RCW:
I.
NOTICE IS HEREBY GIVEN that the undersigned, Christopher M. Wyant, Esq., Trustee will
on 3anuary 8, 2009, at 10:00 a.m. at the Thurston County Courthouse, 2000 Lakeridge Drive SW,
Olympia, WA, 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 Thurston, State of Washington, to
rvit:
LEGAL DESCRIPTION
APN: 2 1 725 1 3 0200;
THE WEST 402.4 FEET OF TIIAT PART Or THE SOUTHWEST QUARTER OF THE
NORTHEAST QUARTER OF SECTION 25, TOWNSHIP I7 NORTH, RANGE 1 EAST, W,M.
LYING SOUTHEAS`l'ERLY UI' SECONDARY HIGHWAY NO. S-I-I:
EXCEPTING THEREFROM THE SOUTI-I 16.5 FEET,
,,.~,
IN THURSTON COUIvTTY WASHINGTON
APN: 21725130300:
PARCEL A OF BOUNDARY LINE AD.IUSTMENT NO. BLA~8144, AS RECORDED
UNDER AUDITOR'S FILE NO. 950522000&, IN THURS`1'ON COUNTY, WASHINGTON.
The property is commonly known as proposed "Palisades West," Yelm, WA 98516.
You are hereby notified that the Beneficiary, WF Capital, Inc., has declared you in default on the
obligation secured by a Deed of Trust dated October 19, 2006 ("Deed of Trust"}, and recorded
o~~ October 19, 2006 under Auditor's File No. 3938$77, records of Thurston County,
Was]~ington, which Deed of Trust encumbers the real property described above.
II.
Na action commenced by the Beneficiary of the Deed of Trust or the Beneficiary's successor is
now pending to seek satisfaction of the obligation in any Court by reason of the Grantor's default
an the obligation secured by the Deed of Trust.
III.
The defaults} far which this foreclosure is made, including the failure to pay when due the
following amounts which are now in arrears:
Currently llue a~n September 1$, 2009
Arrearages
Principal .................................................................................... $ $,651,963.$8
Interest through September 18, 2009 ........................................ $ 2.343,895,07
Late charges .............................................................................. $ 882,634.23
Exit fee ...................................................................................... $ $46,161.79
Appraisal foe ............................................................................. $ 4,500.00
Date Down Endorsement foe .................................................... $ 35.00
Reconveyance Fee .................................................................... $ 600.00
Subtotal :.................................................................................... $ 12,729,789.97
Casts and Fees
I~1 addition to the amounts in arrears specified above, you are or inay be obligated to pay the
following estimated charges, costs and fees to reinstate the Deed of Trust.
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Trustee's or Attorneys' Fees ............. ........................................ $ 5,040.00
Title Report (estimated) .................... ........................................ $ 750,00
Recording Fees ................................. ........................................ $ 200.00
Postal Costs ...................................... ........................................ $ 100,00
Estimated Photocopies ...............~.....,. .............,..,..,.................... $ 20.00
Long Distance Telephone Charges ... ........................................ $ 20.00
ServicelPosting of Notice of Default .................. $
...................... 150.00
ESTIMATED TOTAL COSTS AND FEES :..................,.... $ 6,240.00
ESTIMATED TOTAL DUE: ................................................ $ 12,736,029.97
The estimated amounts that will be due to payoff the obligation secured by the Deed of
Trust on December 28, 2009 (11 days before the sale date):
Additional Arrearages
112 days of interest @ $8,651.96Iday ............................................ $969,019.52
Subtotal :............... $13,705,049.49
Additional Costs and Fees
Additional Trustees' or Attorneys' Fees ............................ $5,000
Publication Costs .............................................................. $600
Subtotal :............... $5,600
Tota[ Estimated Payoff Amount
as of December 28, 2009 (11 days before the sale date) : .................... $13,710,649.49
1V.
The sum awing on the obligation secured by the Deed of Trust is: the Principal sum of
$8,651,963.88 together with interest as provided in the underlying Nate and such other costs and
fees as are due under the Note and Deed of Trust and as are provided by statute.
V.
The above-described real pz•opez-ty will be sold to satisfy the expense of sale and the obligation
secured by the Deed of Trust as provided by statute. The sale will be made without warra@,
express or implied, regarding title, possessio~~, or eneuznbrances on ,Tanuary 8, 2009. The
default(s) referred to in paragraph III must be cured by December 28, 2009 (11 days before the
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sale date), to cause a discontinuance of the sale. The sale will be discontinued and terminated if
at any time on or before December 28, 2009 (11 days before the sale date) the default(s) as set
faz•th in paragraph III are cured and the Trustee's fees and costs are paid. The sale may be
terminated any time after December 2$, 2009 (11 days before the sale date) and before the sale
by the Grantor or the Grantor's successor in interest az• the balder of any recorded junior lien or
encumbrance paying the entire principal and interest secuz•ed by the Deed of Trust, plus costs,
fees, and advances, if any, made pursuant to the terms of the obligation andlor Deed of Trust, and
curing all other defaults. This is an attempt to collect a debt and any information obtained will be
used for that purpose.
VI.
A wz•itten Notice of Default was transmitted by the Trustee to the Grantor or the Gz~antor's
successor in interest at the following address:
FH1, LLC Steven L. Chamberlain
Attn: Steven L. Chamberlain 7417 Johzzson Rd SE
4200 6th Avenue S.E., Suite 301 Olympia, WA 9$51 a-9023
Lacey, WA 98503
by both first class and certified mail on July 9, 2009 proof of which is in the possession of the
Trustee; and on July 9, 2009, the Grantoz• or the Grantor's successorzn interest was personally
served with said written notice of default or the written notice of default was pasted in a
conspicuous place an the real property described in paragraph I above, and the Trustee has
possession of proof of such service ar posting.
VTI.
The Tz-ustee 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.
Vlii.
The effect of the solo 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 property.
IX.
Anyone having an objection to the sale on any grounds whatsoever az•e afforded an opportunity to
be heard as to those objections if they bring a lawsuit to restrain the sale pursuant to the Revised
Code of Washington, Chapter 61,24.130. Failure to bring such. a lawsuit may result in a waiver
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of any proper grounds for invalidating the Trustee's Sale.
DATED this 23rd day of September, 2009.
Christopher M. Wyant, Esq.
K&L Gates, LLP
925 Fourth Avenue, Suite 2900
Seattle, WA 98104
By;
Christop er M. yant
Attorney at Law
(206} 623-7580
I certify tk~at I know or have satisfactory evidence that Christopher M. Wyant is the person who appeared
before me, and sa}d person acknowledged t17at she signed this instrument, and acknowledged it to be her free
and voluntary act far the uses and purposes mentioned in the instrument,
DA"I'ED: September 23, 2009.
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A copy of this Notice of Trustee Sale has been transrr~itted by both first class and certified mail to
the following parties:
FHI, LLC
ATTN. STIaVIaN L. CI-IAMBBRLAIN
~t200 bTH AVENUE S.E., 5U1TE 301
LACEY, WA 98503
STEVEN L. CIIAMBERLA}N
7~ 17 JOHNSON RD SE
OLYMPIA, WA 98513-9023
FH1, I.LC AND S"I'EVEN L. CI-IAMBERLAIN
c/o RICHAItU t3ITLEVSON
D]'I-LEVSON KODGERS DIXON, P.S.
324 WEST BAY DR NW, STE. 201
OLYMPIA, WA 98502
-S-
PRAIRIIr BAPTIST CHURCH
15036 SI?, 507 HIGI-IWAY
YELM, WA 98597
PItAIRiI~ BAPTIST CHURCH
CIO 3ONATHAN A. SPROUI'T~SKI;
201 STI-1 AVE. SW, SU1TE 301
OLYMPIA, WA 98501
CENTRUM 1~INANCIAL SERVICES, INC.
PO BOX 2243
SEATTLE WA 981 I 1-2243
CT'I'Y OI~ YELM
NISI-IA R. BOX
PO BOX 479
YELM WA 98597
KPF1~, 1NC.
1601 5`I'I-I AVE., STE 1640
SEAT"I'LE WA 98101
KPP1:, TNC.
c/o CHASE ALVOR.I7
TOUSLE;Y BRAIN STEP1-TENS, PLLC
1700 SEVENTI~i AVENUE, SU1TE 2200
SEA'T`TLE, WA 98101-4416
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