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TRUSTEE'S NOTICE OF SALE The Trust Deed being foreclosed is a Residential Trust Deed as defined in ORS 86.705(6), and therefore is subject to the requirements imposed by ORS 86.726 through 86.748. The Trust Deed to be foreclosed pursuant to Oregon law is referred to as follows (the "Trust Deed"): 1. TRUST DEED INFORMATION: Grantor: Stein Otto Sylte, an individual, whose address is 356 Palomino Drive, Eugene, OR 97401. Beneficiaries: KeyBank National Association, an national banking association, whose address is 4910 Tiedeman Road, Brooklyn, OH 44144. Original Trustee: Old Republic National Title Insurance Company, whose address is 1 SW Columbia St., Ste. 750, Portland, OR 97258 Successor Trustee: Craig G. Russillo c/o Schwabe, Williamson & Wyatt PC 1211 SW 5th Avenue, Suite 1900, Portland, OR 97204 Recording Date: January 7, 2019 Recording Reference: 2019-000612 County of Recording: Lane Assignment Recording Date: January 22, 2026 Recording Reference: 2026-002227 2. LEGAL DESCRIPTION OF PROPERTY (the "Property") : SITUATED IN THE COUNTY OF LANE, STATE OF OREGON: LOT 3, BLOCK 5, WESTWARD HO, AS PLATTED AND RECORDED IN BOOK 16, PAGE 12, LANE COUNTY OREGON PLAT RECORDS, IN LANE COUNTY, OREGON. TAX ID NO: 0240661 (ACCOUNT) 17-03-28-22-07600 (MAP AND TAX LOT) ADDRESS: 356 PALOMINO DR, EUGENE, OREGON 97401. 3. DEFAULT: The Grantor or any other person owing an obligation, the performance of which is secured by the Trust Deed, is in default and the Beneficiary seeks to foreclose the Trust Deed. The default for which foreclosure is made is Grantor's failure to do the following: Failure to pay the obligation secured by the Trust Deed upon maturity. 4. AMOUNT DUE: By reason of the default described above, the Beneficiary has declared all sums owing on the obligation secured by the Trust Deed immediately due and payable, those sums being the following: Loan #7001 Principal $784,980.70 Interest $249,499.03 Late fees $766.77 Total $1,035,246.50 Loan #7002 Principal $19,723.82 Interest $5,375.71 Total $25,099.53 Plus, all costs related to the foreclosure and additional attorney fees and costs. 5. NOTICE OF ELECTION TO SELL: Notice is hereby given that both the Beneficiary and the Trustee hereby elect to foreclose the Trust Deed by advertisement and sale as provided under ORS 86.705 to 86.815, and to cause the Property to be sold at public auction to the highest bidder for cash, the Grantor's interest in the described Property which the Grantor had, or had the power to convey, at the time of the execution by the Grantor of the Trust Deed, together with any interest the Grantor or Grantor's successor in interest acquired after the execution of the Trust Deed, to satisfy the obligations secured by the Trust Deed, including the expenses of the sale, compensation of the Trustee as provided by law and the reasonable fees of the Trustee's attorneys. 6. DATE AND TIME OF SALE: Date: July 24, 2026 Time: 10:00 A.M. (in accord with the standard of time established by ORS 187.110) Location: Outside the main entrance of the Lane County Courthouse, 125 E. 8th Ave., Eugene OR 97401 7. RIGHT TO REINSTATE: Any person named in ORS 86.778 has the right, at any time prior to five days before the Trustee conducts the sale, to have this foreclosure dismissed and the Trust Deed reinstated by doing all of the following: a. 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; b. curing any other default that is capable of being cured, by tendering the performance required under the obligation or Trust Deed; and c. paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed, together with the Trustee's and attorney's fees not exceeding the amount provided in ORS 86.778. 8. ORS 86.771(9) STATEMENT: 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. 9. RESOLUTION CONFERENCE: On July 31, 2025, a resolution conference was held pursuant to ORS 86.726. A Certificate of Compliance was issued on August 5, 2025, showing Beneficiary complied with the requirements of 86.726, 86.729, and 86.732. May 31, June 7, 14, 21 2026 LEUG0528941
Post Date: 05/31 12:00 AM
Refcode: #LEUG0528941 
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