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  1. Home
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NOTICE OF TRUSTEE'S SALE Trustee Sale No. 25-00192-2FNT Loan No: ****35/Shasta Property Venture LLC APN 107-210-052-000 YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED JUNE 23, 2021. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDINGS AGAINST YOU, YOU SHOULD CONTACT A LAWYER. On October 27, 2025, at 11:00 AM, the South Entrance Shasta County Administration Building 1450 Court Street Redding, CA 96001, FIDELITY NATIONAL TITLE COMPANY, as the duly appointed Trustee (the "Trustee"), under and pursuant to the power of sale contained in that certain Deed of Trust recorded on July 1,2021, as Instrument No. 2021-0027437 of official records in the office of the Recorder of Shasta County, CA, executed by: Shasta Property Venture LLC, a California limited liability company, as Trustor (the "Trustor"), in favor of Preferred Bank, as Beneficiary, and any modifications thereto are collectively referred to herein from time to time as the "Deed of Trust", WILL SELL AT PUBLIC AUCTION TO THE HIGHEST BIDDER, in lawful money of the United States, all payable at the time of sale, that certain property situated in said County, California describing the land therein as:SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. EXHIBIT "A" THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF REDDING, COUNTY OF SHASTA, STATE OF CALIFORNIA AND IS DESCRIBED AS FOLLOWS: PARCEL ONE: LOTS 3 AND 4 OF BLOCK C OF THE OTTONELLO SUBDIVISION, BEING A PORTION OF THE EAST ONE-HALF OFTHE NORTHEAST ONE-QUARTER OF SECTION 6, TOWNSHIP 31 NORTH, RANGE 4 WEST, M.D.B.&M., AS THE SAME ARE DEPICTED AND DELINEATED ON THE MAP OF SAID SUBDIVISION ON FILE IN THE OFFICE OF THE COUNTY RECORDER OF SHASTA COUNTY, CALIFORNIA. EXCEPTING THEREFROM THE FOLLOWING DESCRIBED PARCEL: BEGINNING AT THE SOUTHWEST CORNER OF SAID LOT 3 AND RUNNING THENCE NORTH 1° 12' EAST, 172.54 FEET TO THE NORTHWEST CORNER OF LOT 4; THENCE SOUTH 88° 48' EAST, 13.00 FEET; THENCE SOUTH 1° 12' WEST, 141.88 FEET TO THE BEGINNING OF A TANGENT CURVE TO THE LEFT HAVING A RADIUS OF 30 FEET; THENCE ALONG SAID CURVE FOR AN ARC LENGTH OF 47.58 FEET THROUGH A CENTRAL ANGLE OF 90° 52' TO A POINT OF CUSP; THENCE NORTH 89° 40' WEST, 43.46 FEET TO THE POINT OF BEGINNING. PARCEL TWO: A PORTION OF THE EAST ONE-HALF OF THE NORTHEAST ONE-QUARTER OF SECTION 6, TOWNSHIP 31 NORTH, RANGE 4 WEST, M.D.B.&M., BEGINNING AT THE SOUTHEAST CORNER OF LOT 3, BLOCK C, OF OTTONELLO SUBDIVISION AS SHOWN ON THAT MAP RECORDED IN BOOK 6 OF MAPS, AT PAGE 24, IN THE OFFICE OF THE SHASTA COUNTY RECORDER; THENCE FROM SAID POINT OF BEGINNING SOUTH 89° 40' EAST, 179.73 FEET; THENCE NORTH 9° 42' 50" EAST, 169.40 FEET; THENCE NORTH 88° 48' WEST, 204.79 FEET TO THE NORTHEAST CORNER OF LOT 4 BLOCK C, OTTONELLO SUBDIVISION; THENCE ALONG THE EAST LINE OF LOTS 3 AND 4, SOUTH 1° 12' WEST, 170.27 FEET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM ALL THAT PORTION CONVEYED TO BURGER KING CORPORATION, A FLORIDA CORPORATION, BY GRANT DEED DATED AUGUST 3,1976, RECORDED AUGUST 25,1976 IN VOLUME 1360, PAGE 612, OFFICIAL RECORDS OF SAID COUNTY. NOTICE TO POTENTIAL BIDDERS: If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the Property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the Property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the Property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this Property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the Property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be postponed one or more times by the mortgagee, beneficiary, trustee, or a court, pursuant to Section 2924g of the California Civil Code. The law requires that information about trustee sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of this Property, you may call 1.866.684.2727 or visit this Internet Website www.servicelinkasap.com. using the file number assigned to this case 25-00192-2FNT. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the Internet Website. The best way to verify postponement information is to attend the scheduled sale. The real Property heretofore described is being sold "as is". The street address and other common designation, if any, of the real Property described above is purported to be: 800 E. Cypress Avenue, Redding, CAThe undersigned Trustee disclaims any liability for any incorrectness of the street address and other common designation, if any, shown herein.Said sale will be made without covenant or warranty, express or implied, regarding title, possession, or encumbrances, to pay the remaining unpaid balance of the obligations secured by and pursuant to the power of sale contained in that certain Deed of Trust (together with any modifications thereto). The total amount of the unpaid balance of the obligations secured by the Property to be sold and reasonable estimated costs, expenses and advances at the time of the initial publication of this Notice of Trustee's Sale is estimated to be $4,412,759.48 (Estimated), provided, however, prepayment premiums, accrued interest and advances will increase this figure prior to sale. Beneficiary's bid at said sale may include all or part of said amount. In addition to cash, the Trustee will accept a cashier's check drawn on a state or national bank, a check drawn by a state or federal credit union or a check drawn by a state or federal savings and loan association, savings association or savings bank specified in Section 5102 of the California Financial Code and authorized to do business in California, or other such funds as may be acceptable to the trustee. In the event tender other than cash is accepted, the Trustee may withhold the issuance of the Trustee's Deed Upon Sale until funds become available to the payee or endorsee as a matter of right. The Property offered for sale excludes all funds held on account by the Property receiver, if applicable. DATE: September 29, 2025 FIDELITY NATIONAL TITLE COMPANY, TRUSTEE 25-00192-2 FNT 5170 Golden Foothill Parkway, Suite 130 El Dorado Hills, CA 95762 916-636-0114 Sara Berens, Authorized Signor SALE INFORMATION CAN BE OBTAINED ON LINE AT www.servicelinkasap.com AUTOMATED SALES INFORMATION PLEASE CALL 1.866.684.2727 A-4854781 October 7, 14, 21, 2025 #11728254
Post Date: 10/07 12:00 AM
Refcode: #11728254 
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