Re: SOUTH SOUND SPORTS MANAGEMENT, LLC AMENDED NOTICE OF TRUSTEE'S SALE Pursuant to R.C.W. Chapter 61.24, et seq. and 62A.9A-604(a)(2) et seq. Trustee's Sale No: 01-CM134664 I NOTICE IS HEREBY GIVEN that the undersigned Trustee, RTS Pacific, Inc., will on January 16, 2015, at the hour of 10:00 AM, at THE 2ND FLOOR ENTRY PLAZA OUTSIDE THE COUNTY COURTHOUSE, 930 TACOMA AVENUE SOUTH, TACOMA, WA, sell at public auction to the highest and best bidder, payable at the time of sale, the following described real and personal property (hereafter referred to collectively as the "Property"), situated in the County of PIERCE, State of Washington: THE WEST HALF OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 30, TOWNSHIP 20 NORTH, RANGE 3 EAST OF THE WILLAMETTE MERIDIAN. EXCEPT THE WEST 30 FEET FOR SOUTH PINE STREET, AS CONVEYED TO THE CITY OF TACOMA BY DEED RECORDED UNDER RECORDING NUMBER 1416580 AND AS EXCEPTED IN DEED RECORDED JANUARY 17, 1975 UNDER RECORDING NUMBER 2587351. ALSO EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF TACOMA BY DEED RECORDED UNDER RECORDING NUMBER 9809290546. AND FURTHER EXCEPTING THE SOUTHERLY 35 FEET AS CONVEYED TO THE CITY OF TACOMA BY DEED RECORDED UNDER RECORDING NUMBER 200912110074. SITUATE IN THE CITY OF TACOMA, COUNTY OF PIERCE, STATE OF WASHINGTON. Together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters (the "Real Property"). Together with all of the Grantors right, title and interest in and to all leases, Rents, and profits of the Property. Together with all equipment, fixtures, and other articles of personal property now or hereafter owned by Grantor, and now or hereafter attached or affixed to the Real Property: together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such property; and together with all issues and profits thereon and proceeds (including without limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property. Tax Parcel No: 0320304106, commonly known as 2645 S 80th STREET, MAY ALSO BE KNOWN AS 7845 SOUTH PINE STREET, TACOMA, WA. The Property is subject to that certain Deed of Trust dated 11/4/2011, recorded 11/7/ 2011, under Auditor's/Recorder's No. 201111070493, records of PIERCE County, Washington, from SOUTH SOUND SPORTS MANAGEMENT, LLC, A WASHINGTON LIMITED LIABILITY COMPANY, as Grantor, to RECONVEYANCES PROFESSIONALS, INC., as Trustee, in favor of FORTUNE BANK, as Beneficiary, the beneficial interest in which is presently held by HOMESTREET BANK AS SUCCESSOR IN INTEREST TO FORTUNE BANK. This Property is also subject to that certain (i) U.S. Small Business Administration Security Agreement dated 11/4/11 between South Sound Sport Ventures, Inc., DBA The Pacific Sports Center, as debtor, and South Sound Sports Management, LLC and South Sound Sports Ventures, Inc., as borrower, in favor of Fortune Bank, as secured party (ii) Construction Loan Agreement dated 11/4/11 between South Sound Sports Management, LLC and South Sound Sports Ventures, Inc., as borrower, in favor of Fortune Bank, as lender (iii) UCC Financing Statement filed under Washington State Department of Licensing No. 2011-2984272-8 (iv) UCC Financing Statement filed under Washington State Department of Licensing No. 2011-2984271-1. 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, except for that certain action for Appointment of a Receiver filed in Pierce County Superior Court under Cause No. 13-2-15844-8. III The default(s) for which this foreclosure is/ are made are as follows: FAILURE TO PAY THE MONTHLY PAYMENT WHICH BECAME DUE ON 8/1/2013, AND ALL SUBSEQUENT MONTHLY PAYMENTS, PLUS LATE CHARGES AND OTHER COSTS AND FEES AS SET FORTH. IN ADDITION, THE BENEFICIARY WILL REQUIRE AS A CONDITION TO REINSTATEMENT THAT YOU PROVIDE RELIABLE WRITTEN EVIDENCE THAT ALL PROPERTY TAXES AND HAZARD INSURANCE PREMIUMS ARE PAID CURRENT AS PROVIDED IN THE DEED OF TRUST. Failure to pay when due the following amounts which are now in arrears: Amount due as of December 10, 2014 Delinquent Payments from August 01, 2013 Payment of $21,659.26 due 8/1/2013 $21,659.26 Payment of $21,640.97 due 9/1/2013 $21,640.97 Payment of $21,622.89 due 10/1/2013 $21,622,69 Payment of $21,621.82 due 11/1/2013 $21,621.82 Payment of $21,221.21 due 12/1/2013 $21,221.21 Payment of $21,227.16 due 1/1/2014 $21,227.16 Payment of $21,229.91 due 2/1/2014 $21,229.91 Payment of $21,636.15 due 3/1/2014 $21,636.15 Payment of $21,637.20 due 4/1/2014 $21,637.20 Payment of $21,618.70 due 5/1/2014 $21,618.70 Payment of $21,618.70 due 6/1/2014 $21,618.70 Payment of $21,618.70 due 7/1/2014 $21,618.70 Payment of $19,552.00 due 8/1/2014 $19,552.00 Payment of $20,951.24 due 9/1/2014 $20,951.24 Payment of $20,828.35 due 10/1/2014 $20,828.35 Payment of $20,814.60 due 11/1/2014 $20,814.60 Payment of $20,838.70 due 12/1/2014 $20,838.70 Late Charges: $17,086.34 Less Special Payment: $(42,429.04) Less Interest Payment: $(113,123,49) TOTAL: $222,871.37 IV The sum owing on the obligation secured by the Deed of Trust is: Principal $3,364,516.57, together with interest as provided in the note or other instrument secured, 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 expenses 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 January 16, 2015. The defaults) referred to in paragraph III must be cured by January 5, 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 January 5, 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 at any time after January 5, 2015, (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 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 Beneficiary or Trustee to the Borrower, Grantor or Guarantor at the following addresses: MARIAN LAREE BOWERS, 1507 S. MEYERS STREET, TACOMA, WA, 98465 MARIAN LAREE BOWERS, 2645 S. 80TH STREET, TACOMA, WA, 98405 ROBERT RAYMOND BOWERS, 1507 S. MEYERS STREET, TACOMA, WA, 98465 ROBERT RAYMOND BOWERS, 2645 S. 80TH STREET, TACOMA, WA, 98405 SOUTH SOUND SPORTS MANAGEMENT, LLC, 7845 SOUTH PINE STREET, TACOMA, WA, 98409 SOUTH SOUND SPORTS MANAGEMENT, LLC, 2610 BAY STREET EAST, TACOMA, WA, 98421 SOUTH SOUND SPORTS MANAGEMENT, LLC, C/O LandA CORPORATE SERVICES INC., REGISTERED AGENT, 4505 PACIFIC HIGHWAY EAST, SUITE A, TACOMA, WA, 98424 SOUTH SOUND SPORTS MANAGEMENT, LLC, 2645 S. 80TH STREET, TACOMA, WA, 98405 SOUTH SOUND SPORTS MANAGEMENT, LLC, ATTN: MARIAN L. BOWERS, MANAGING MEMBER, 1507 S. MEYER ST., TACOMA, WA, 98465 SOUTH SOUND SPORTS VENTURES, INC., ATTN: MARIAN L. BOWERS, REGISTERED AGENT, 1507 S. MEYERS ST., TACOMA, WA, 98465 SOUTH SOUND SPORTS VENTURES, INC., DBA PACIFIC SPORTS CENTER, 2645 S. 80TH STREET, TACOMA, WA, 98405 SOUTH SOUND SPORTS VENTURES, INC., 2610 BAY STREET EAST, TACOMA, WA, 98421 SOUTH SOUND SPORTS VENTUR
ES, INC., 7845 SOUTH PINE STREET, TACOMA, WA, 98409 by both first class and certified mail on 10/10/2013, proof of which is in the possession of the Trustee; and on 10/9/2013, 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's Sale will be held in accordance with Ch. 61.24 RCW and anyone wishing to bid at the sale will be required to have in his/her possession at the time the bidding commences, cash, cashier's check, or certified check in the amount of at least one dollar over the Beneficiary's opening bid. In addition, the successful bidder will be required to pay the full amount of his/her bid in cash, cashier's check, or certified check within one hour of the making of the bid, 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 sate will be to deprive the Grantor and all those who hold by, through or under the Grantor of all of 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 same 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 The obligation secured by the Deed of trust being foreclosed herein was not incurred primarily for personal, family or household purposes. Pursuant to RCW 61.24.100, the subject foreclosure does not preclude any judicial or nonjudicial foreclosure of any other deeds of trust, mortgage, security agreements or other security interests granted to secure this obligation. The Beneficiary hereby reserves its right to foreclose any or all additional security. NOTICE TO GUARANTORS The Guarantor has the same rights to reinstate the debt, cure the default, or repay the debt as is given to the grantor in order to avoid the Trustee's Sale. The Guarantor will have no rights to redeem the property after the Trustee's Sale. DATED: 12/10/2014 RTS Pacific, Inc. Trustee By: LISA HACKNEY, Assistant Vice President Address: 616 1st Avenue, Suite 500 Seattle, WA 98104 Phone: (206) 340-2550 Sale Information: www.rtspacific.com A-4500874 12/17/2014, 01/07/2015