Re: Park Junction LLC NOTICE OF TRUSTEE'S SALE I. NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the 24th day of March, 2017, at the hour of 2:00 o'clock p.m., at the Pierce County Courthouse, 930 Tacoma Ave. S. in the City of Tacoma, State of Washington, sell at public auctionto the highest and best bidder, payable at the time of sale, the following described real property (the "Property"), situated in the County of Pierce, State of Washington, to-wit: SEE ATTACHED EXHIBIT A The Property is subject to that certain Deed of Trust (the "Trust Deed") dated October 16, 2009, recorded November 3, 2009, under recording number 200911030751, records of Pierce County, Washington, from Park Junction L.L.C., as Grantor, to DWTR&J Corp., as Trustee, to secure an obligation in favor of to Selwyn A. Bingham, Jr. (the "Original Beneficiary"). The Original Beneficiary died on April 25, 2013. On June 14, 2013, Stuart S. Bingham was appointed as Personal Representative of the Estate of Selwyn A. Bingham. Stuart S. Bingham, in his capacity as Personal Representative of the Estate of Selwyn A. Bingham, shall be referred to as the "Beneficiary." II. No action commenced by the Beneficiary of the Trust Deed 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 Trust Deed. III. The default(s) for which this foreclosure is made is/are as follows: Failure to pay when due the entire amount owing pursuant to the secured note, including but not limited to all outstanding principal plus all accrued unpaid interest, on December 31, 2015, the maturity date of the secured note. IV. The sum owing on the obligation secured by the Trust Deed is: Principal $1,745,691.70, together with interest as provided in the note or other instrument secured from the 16th day of October, 2009, 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 Trust Deed as provided by statute. The sale will be made without warranty, express or implied, regarding title, possession, or encumbrances on the 24th day of March, 2017. The default(s) referred to in paragraph III must be cured by the 13th day of March, 2017. (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 the 13th day of March, 2017, (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 any time after the 13th day of March, 2017, (11 days before the sale date), and before the 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 Trust Deed, plus costs, fees, and advances, if any, made pursuant to the terms of the obligation and/or Trust Deed, and curing all other defaults. VI. A written notice of default was transmitted by the Beneficiary or Trustee to the Borrower and Grantor at the following addresses: TO PARK JUNCTION LLC: Park Junction L.L.C. Cairncross & Hempelmann, P.S. Registered Agent 524 2nd Avenue, Suite 500 Seattle, WA 98104-2323 Park Junction L.L.C. 3939 N. W. St. Helens Road Portland, OR 97210 Park Junction L.L.C. c/o John W. Gregory Cairncross & Hempelmann, P.S. 524 2nd Avenue, Suite 500 Seattle, WA 98104-2323 Park Junction L.L.C. c/o Gayle W. Adams and Cora L. Adams PO Box 802 Elbe, WA 98330 Park Junction L.L.C. c/o Steven G. Hites and Gayla Hites 15617 N.E. 95th Way Redmond, WA 98052 Park Junction L.L.C. c/o Steven G. Hites and Gayla Hites P.O. Box 400 Skagway, AK 99840 TO GAYLE W. ADAMS AND CORA L. ADAMS Gayle W. Adams and Cora L. Adams PO Box 802 Elbe WA 98330 Gayle W. Adams and Cora L. Adams c/o John W. Gregory Cairncross & Hempelmann, P.S. 524 2nd Avenue, Suite 500 Seattle, WA 98104-2323 TO STEVEN G. HITES AND GAYLA HITES Steven G. Hites and Gayla Hites P.O. Box 400 Skagway, AK 99840 Steven G. Hites and Gayla Hites 15617 N.E. 95th Way Redmond, WA 98052 Steven G. Hites and Gayla Hites c/o Thomas M. Hansen Oseran Hahn, P.S. 10900 N.E. Fourth Street #1430 Bellevue, WA 98004 by both first class and certified mail on the 7th day of October, 2016 proof of which is in the possession of the Trustee; and on the 22d day of October, 2016, the Borrower and Grantor were personally served with said written notice of default or the written notice of default was posted in a conspicuous place on the real property described in paragraph I above, and the Trustee has possession of proof of such service or 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. Dated: December 7, 2016 DWTR&J Corp., Successor Trustee By: /s/ Wendell Kusnerus, authorized agent DWTR&J Corp., Successor Trustee Davis Wright Tremaine LLP Suite 2200 1201 Third Avenue Seattle, Washington 98101-3045 Phone: 503-778-5338 Exhibit A: Legal Description EXHIBIT A PARCEL A: BEGINNING AT THE SECTION CORNER COMMON TO SECTIONS 22, 23, 26 AND 27, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; THENCE NORTH 3500 FEET TO A POINT 20 FEET NORTH OF THE CENTER LINE OF THE OLD CASCADE TIMBER COMPANY RAILROAD GRADE; THENCE SOUTHERLY AND EASTERLY ALONG A LINE 20 FEET NORTH AND WEST OF THE CENTER LINE OF THE AFOREMENTIONED RAILROAD GRADE TO A POINT WHICH IS 3252 FEET EAST OF THE SECTION CORNER COMMON TO SECTIONS 22, 23, 26 AND 27; THENCE WESTERLY 3252 FEET TO THE POINT OF BEGINNING. PARCEL B: THE NORTH HALF OF THE NORTHEAST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; EXCEPT THAT PART LYING SOUTH OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILWAY COMPANY'S RIGHT OF WAY. PARCEL C: THE NORTH HALF OF THE NORTHEAST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; EXCEPT THAT PART LYING SOUTHERLY AND EASTERLY OF THE WESTERLY FORK OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILWAY COMPANY AND EXCEPT RIGHT OF WAY OF CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILWAY COMPANY; TOGETHER WITH THAT PORTION OF VACATED PARK JUNCTION ROAD AS VACATED PURSUANT TO PIERCE COUNTY ORDINANCE NO. 2003-77, RECORDED UNDER RECORDING NUMBER 200312100358. PARCEL D: THAT PORTION OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, LYING NORTHERLY OF THE NATIONAL PARK HIGHWAY (ALSO KNOWN AS STATE ROAD #5), AND WESTERLY OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILWAY COMPANY; EXCEPTING THEREFROM COUNTY ROAD AS DESCRIBED IN DEED TO PIERCE COUNTY RECORDED OCTOBER 5, 1916 UNDER RECORDING NO. 450089; TOGETHER WITH THAT PORTION OF VACATED PARK JUNCTION ROAD AS VACATED PURSUANT TO PIERCE COUNTY ORDINANCE NO. 2003-77, RECORDED UNDER RECORDING NUMBER 200312100358. PARCEL E: THAT PART OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, LYING NORTH OF THE CENTER LINE OF STATE ROAD NO. 5, AS DESCRIBED IN THE EASEMENT FROM WEYERHAEUSER TIMBER COMPANY TO THE STATE OF WASHINGTON, DATED APRIL 17, 1924, RECORDED MAY 5, 1924 UNDER RECORDING NO. 709561. PARCEL F: BEGINNING AT THE POINT OF INTERSECTIO
N OF THE EAST LINE OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, WITH THE SOUTH LINE OF NATIONAL PARK HIGHWAY (ALSO KNOWN AS STATE ROAD #5); THENCE WESTERLY ALONG THE SOUTH LINE OF SAID ROAD 392 FEET; THENCE SOUTH TO THE NISQUALLY RIVER; THENCE EASTERLY ALONG THE RIVER TO THE SAID EAST LINE OF SECTION 26; THENCE NORTH ALONG SAID EAST LINE TO THE POINT OF BEGINNING. PARCEL G: BEGINNING AT THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; THENCE SOUTH TO THE NORTH LINE OF THE NATION PARK HIGHWAY (ALSO KNOWN AS STATE ROAD NO. 5); THENCE SOUTHEASTERLY ALONG SAID HIGHWAY TO THE SOUTHEAST CORNER OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SAID SECTION; THENCE NORTH TO THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SAID SECTION; THENCE WEST ALONG THE NORTH LINE OF THE SOUTHEAST QUARTER AND THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER TO THE TRUE POINT OF BEGINNING. PARCEL H: THAT PART OF THE NORTH HALF OF THE NORTHEAST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, LYING SOUTH OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD. PARCEL I: THE WEST HALF OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 25, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; EXCEPT THEREFROM THAT PORTION CONVEYED TO TACOMA EASTERN RAILROAD COMPANY, A WASHINGTON CORPORATION, BY DEED RECORDED JULY 18, 1904 UNDER RECORDING NO. 178611, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF THE WEST HALF OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 25, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, RUNNING THENCE WEST 426 FEET TO A POINT; THENCE SOUTHEASTERLY TO A POINT 125 FEET SOUTH OF THE BEGINNING; THENCE NORTH 125 FEE TO THE PLACE OF BEGINNING. PARCEL J: BEGINNING AT THE SOUTHEAST CORNER OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; THENCE WEST 300 FEET TO THE EASTERLY RIGHT OF WAY OF THE CHICAGO, MILWAUKEE ST. PAUL AND PACIFIC RAILROAD; THENCE NORTHEASTERLY ALONG SAID RAILROAD TO THE INTERSECTION OF SAID RAILROAD WITH THE EAST LINE OF THE SAID NORTHEAST QUARTER OF THE NORTHWEST QUARTER AT A POINT NORTH OF THE POINT OF BEGINNING; THENCE SOUTH ALONG SAID EAST LINE 320 FEET TO THE POINT OF BEGINNING. PARCEL K: BEGINNING AT THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON; THENCE SOUTHERLY ALONG THE EAST LINE OF SAID SOUTHEAST QUARTER OF THE NORTHWEST QUARTER TO THE NORTHERLY RIGHT OF WAY OF THE NATIONAL PARK HIGHWAY; THENCE NORTHWESTERLY ALONG SAID RIGHT OF WAY TO IS INTERSECTION WITH THE EASTERLY RIGHT OF WAY OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD; THENCE NORTHERLY ALONG SAID RIGHT OF WAY TO ITS INTERSECTION WITH THE NORTH LINE OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26; THENCE EASTERLY 300 FEET, MORE OR LESS, TO THE POINT OF BEGINNING. PARCEL L: THAT PART OF SECTION 26, TOWNSHIP 15 NORTH, RANGE 5 EAST OF THE W.M., IN PIERCE COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26; THENCE NORTH ALONG THE EAST LINE 320 FEET, MORE OR LESS TO THE SOUTH LINE OF THE EASTERLY FORK OF A SPUR OFF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD; THENCE NORTHEASTERLY ALONG SAID SPUR TO THE INTERSECTION OF THE SOUTH LINE OF THE MAINLINE OF CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD TO ASHFORD, WASHINGTON; THENCE WEST ALONG THE SOUTH LINE OF THE MAINLINE TO THE INTERSECTION OF THE WEST LINE OF SAID EASTERLY FORK OF THE SPUR AND THE TRUE POINT OF BEGINNING; THENCE SOUTHWESTERLY ALONG SAID SPUR TO THE INTERSECTIONS OF THE EAST LINE OF THE WESTERLY FORK OF THE SPUR; THENCE NORTHWESTERLY ALONG SAID WESTERLY FORK OF THE SPUR TO THE INTERSECTION OF THE SOUTH LINE OF THE MAINLINE; THENCE ALONG SAID MAINLINE TO THE POINT OF BEGINNING. PARCEL M: THAT PART OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 25, TOWNSHIP 15 NORTH, RANGE 5 EAST, W.M., IN PIERCE COUNTY, WASHINGTON, LYING SOUTH OF THE 100 FOOT WIDE RIGHT OF WAY OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD SITUATE IN THE COUNTY OF PIERCE, STATE OF WASHINGTON. IDX-743258 February 21, March 14