Re: #5/ Puget Sound Builders Association, LLC NOTICE OF TRUSTEE'S SALE Grantor (Borrower): PUGET SOUND BUILDERS ASSOCIATION, LLC Grantee (Lender): GERALD C. SORENSEN, TRUSTEE OF THE GERALD C. SORENSEN REVOCABLE LIVING TRUST UNDER TRUST AGREEMENT DATED OCTOBER 21, 2008, AS AMENDED AND RESTATED BYFIRST AMENDMENT AND RESTATEMENT OF THE GERALD C. SORENSEN REVOCABLE LIVING TRUST DATED FEBRUARY 1, 2012 Grantee (Trustee): GORDON THOMAS HONEYWELL LLP Legal Description (abbreviated): PARCEL B OF CITY OF TACOMA BOUNDARY LINE ADJUSTMENT AFN 201402195005 RECORDS OF PIERCE COUNTY Additional legal(s) on this page. Assessor's Tax Parcel ID#: 3450000212 Reference Nos. of Documents Released or Assigned: 201402210471 I. NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the 27th day of February, 2015, at the hour of 10:00 a.m., at the 2nd Floor entry plaza outside the Pierce County Courthouse located at 930 Tacoma Avenue South in the City of Tacoma, State of Washington, sell at public auction to the highest bidder, payable at the time of sale, the following described real properties, situated in the county of Pierce, state of Washington, to-wit: PARCEL B OF CITY OF TACOMA BOUNDARY LINE ADJUSTMENT RECORDED UNDER RECORDING NO. 201402195005, RECORDS OF PIERCE COUNTY AUDITOR. SITUATE IN THE COUNTY OF PIERCE, STATE OF WASHINGTON. Commonly known as: 5909 NORTH 50TH STREET, TACOMA, WA 98372 (the "Property"). The Property is subject to that certain Deed of Trust dated February 17, 2014 recorded February 21, 2014 under Pierce County Auditor's File No. 201402210471, records of Pierce County, Washington, in which PUGET SOUND BUILDERS ASSOCIATION, L.L.C., a Washington limited liability company, as Grantor, to FIRST AMERICAN TITLE INSURANCE COMPANY, as Trustee, to secure an obligation in favor of the GERALD C. SORENSEN, TRUSTEE OF THE GERALD C. SORENSEN REVOCABLE LIVING TRUST UNDER TRUST AGREEMENT DATED OCTOBER 21, 2008, AS AMENDED AND RESTATED BY FIRST AMENDMENT AND RESTATEMENT OF THE GERALD C. SORENSEN REVOCABLE LIVING TRUST DATED FEBRUARY 1, 2012, as Beneficiary. First American Title Insurance Company is deemed to have resigned as Trustee and the law firm of Gordon Thomas Honeywell LLP was appointed as Trustee as evidenced by the Appointment of Successor Trustee dated September 24, 2014 and recorded October 9, 2014 under Auditor's File No. 201410090414 records of Pierce County, Washington. II. No action commenced by the Beneficiary of the Deed of Trust is now pending to seek satisfaction of the obligation in any Court by reason of the Borrower's or Grantor's default on the obligation secured by the Deed of Trust. III. The defaults for which this foreclosure is made are as follows: Nonpayment of Principal on the date of maturity (July 29, 2014). ^$295,000.00 Nonpayment of Interest at the rate of 7% per annum from July 1, 2014 through August 17, 2014 at the rate of $56.58 per diem (48 days) ^$2,715.84 Nonpayment of interest at the rate of 15% per annum from the date of default (August 18, 2014) through the estimated date of recording the Notice of Trustee's Sale (November 25, 2014) (110 days) ^$16,725.21 IV. The sum now owing on the obligation secured by the Deed of Trust is: Principal $295,000.00 together with interest as provided in the note or other instrument secured, from July 1, 2014 through November 25, 2014, and such other costs and fees as are due under the note or other instrument secured, and as are provided by statute. V. The above described real property 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 warranty, express or implied, regarding title, possession, or encumbrances on February 27, 2015. The default(s) referred to in Paragraph III must be cured by February 16, 2015 (11 days before the sale date) to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time on or before February 16, 2015 (11 days before the sale date) the default(s) as set forth in Paragraph III is/are cured and the Trustee's fees and costs are paid. The sale may be terminated anytime after February 16, 2015 (11 days before the sale date) and before the date of sale by the Borrower, Grantor, any Guarantor, or the holder of any recorded junior lien or encumbrance, paying the entire principal and interest secured by the Deed of Trust, plus costs, fees and advances, if any, made pursuant to the terms of the obligation and/or Deed of Trust and curing all other defaults. VI. A written Notice of Default was transmitted by the Trustee to the Borrower and Grantor at the following addresses: Christopher G. Dunayski, Managing Member and Registered Agent Puget Sound Builders Association, LLC 7416 133rd Street Court East Puyallup, Washington 98373 Christopher G. Dunayski, Managing Member Puget Sound Builders Association, LLC 11012 Canyon Road East, Suite 8 Puyallup, Washington 98373 Reggie Brown, Member Puget Sound Builders Association, LLC 11012 Canyon Road East, Suite 8 Puyallup, Washington 98373 Reggie Brown, Member Puget Sound Builders Association, LLC 912 14th Street Southwest Puyallup, Washington 98373 Christopher G. Dunayski 7416 133rd Street Court East Puyallup, Washington 98373 Mitzi Dunayski 7416 133rd Street Court East Puyallup, Washington 98373 Reggie Brown 912 14th Street Southwest Puyallup, Washington 98373 by both first class and certified mail on October 13, 2014, proof of which is in the possession of the Trustee; and the written Notice of Default was posted in a conspicuous place on the real property described in Paragraph I above on October 16, 2014, and the trustee has possession of proof of such service and posting. VII. The Trustee 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. VIII. The effect of the sale 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 any objection to the sale on any grounds whatsoever will be afforded an opportunity to be heard as to those objections if they bring a lawsuit to restrain the sale pursuant to RCW 61.24.130. Failure to bring such a lawsuit may result in a waiver of any proper grounds for invalidating the Trustee's sale. X. NOTICE TO OCCUPANTS OR TENANTS The purchaser at the trustee's sale is entitled to possession of the property on the 20th day following the sale, as against the grantor under the deed of trust (the owner) and anyone having an interest junior to the deed of trust, including occupants who are not tenants. After the 20th day following the sale the purchaser has the right to evict occupants and tenants by summary proceedings under chapter 59.12 RCW. DATED: November 25, 2014. By: /s/Jemima McCullum, Partner Gordon Thomas Honeywell LLP, Trustee 1201 Pacific Avenue, Suite 2200 Post Office Box 1157 Tacoma, WA 98401 (253) 620-6500 State of Washington)ss. County of Pierce) I certify that I know or have satisfactory evidence that JEMIMA J. MCCULLUM is the person who appeared before me, and said person acknowledged that (he/she) signed this instrument, on oath stated that she is authorized to execute the instrument and acknowledged it as a partner of Gordon Thomas Honeywell LLP to the be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. GIVEN under my hand and official seal this 25 day of November, 2014. /s/ Terri L. Vancil Typed/ Printed Name: Terri L. Vancil Notary Public in and for the State of Washington, Residing at: Olalla My appointment expires: 12-14-16 January 29, February 19