83-18 / 707693
NOTICE OF TRUSTEE’S SALE
TO BE SOLD FOR CASH AT TRUSTEE’S SALE on April 11, 2019, at 10:00 o’clock A.M. (recognized local time) at the Main Door of the Ravalli County Judicial Building, located at, 205 Bedford Street, Hamilton, Montana, the following described real property, situated in Ravalli County, Montana:
A tract of land in the NE¼ of Section 18, Township 2 North, Range 20 West, P.M.M., Ravalli County, Montana, and being more particularly described as Parcel B, Certificate of Survey No. 4803-R.
Commonly known as: 159 Conner Cutoff Road, Conner, MT 59827
Sterrett Enterprises LLC, as Grantor(s), conveyed said real property to First American Title Company of Montana, Inc. , as Trustee, to secure an obligation owed to Farmers State Bank, as Beneficiary, by Deed of Trust dated February 08, 2010, and recorded February 09, 2010, as Document No. 627709. The Beneficial interest is currently held by Farmers State Bank. Sterrett Enterprises LLC has defaulted in the performance of said Deed of Trust by failing to make the monthly payment in the amount of $2,229.86 plus taxes and insurance in the amount of $690.77 for a total monthly payment of $2,920.63 due for the 8th day of August, 2018 and a like sum of $2,920.63 due for each and every month thereafter, which monthly installments would have been applied on the principal and interest due on said obligation, and other charges against the property or loan. As of November 15, 2018 there is due and owing on the loan an unpaid principal balance of $273,326.48, accrued interest in the amount of $3,613.53 plus Escrow fee in the amount of $2,179.30 and late fees in the amount of $500.00, for a total amount due of $279,619.31.
Interest accrues on the Note at the rate of 6.25% per annum with a per diem rate of $47.45 after November 15, 2018. Interest continues to accrue. All delinquencies are now due together with any late charges, advances to protect the security, and fees and costs associated with this foreclosure. The Beneficiary anticipates and may disperse such amounts as may be required to preserve and protect the property and for real property taxes that may become due or delinquent, unless such amounts of taxes are paid
by the Grantors. if such amounts are paid by the Beneficiary, the amounts or taxes will be added to the obligation secured by the Deed of Trust. Other expenses to be charged against the proceeds of this sale include the Trustee’s fees and attorney’s fees, costs and expenses of the sale, and late charges, if any. Beneficiary has elected and has directed the Trustee to sell the above described property to satisfy the obligation. The sale is a public sale and any person, including the Beneficiary, excepting only the Trustee, may bid at the
sale. The bid price must be paid in cash at the time of sale. The conveyance will be made by Trustee’s Deed. The sale purchaser shall be entitled to possession of the property on the 10th day following the sale. The Grantor, successor in interest to the Grantor, or any other person having an interest in the property, at any time prior to the Trustee’s Sale, may pay to the Beneficiary to the successor in interest to the Beneficiary the entire amount then due under the Deed of Trust and the obligation secured thereby (including costs and expenses actually incurred and attorney’s fees) other than such portion of the principal as would not then be due had no default occurred and thereby cure the default.
The scheduled Trustee’s sale may be postponed by public proclamation up to fifteen (15) days for any reason, and in the event of a bankruptcy filing, the sale may be postponed by the Trustee for up to one-hundred twenty (120) days by public proclamation at least every thirty (30) days.
DATED: December 06, 2018
By: /s/
Rae Albert, Assistant Secretary
for First American Title Company of Montana, Inc.
c/o Title Financial Specialty Services
PO Box 339, Blackfoot, ID 83221
STATE OF Idaho )
SS.
COUNTY OF Bingham )
On this December 06, 2018, before me, a Notary Public in and for said State, personally appeared Rae Albert, known or identified to me, to be the Assistant Secretary of First American Title Company of Montana, Inc. , who is named as the Trustee in the above described Deed of Trust and executed the instrument on behalf of said Trustee, and acknowledged to me that said Trustee executed the same.
Kaitlin Ann Gotch
Notary Public of Idaho
Residing at: Blackfoot, Idaho
Commission Expires 7/29/2022
BS 12-12, 12-19, 12-26-18. MNAXLP