Re: ZAUGG, JAMES KENDALL NOTICE OF TRUSTEE'S SALE Pursuantto R.C.W. Chapter 61.24, etseq. and 62A.9A-604(a)(2) etseq. Trustee's Sale No: 01-FMB-111921 I NOTICE IS HEREBY GIVEN that the undersigned Trustee, REGIONAL TRUSTEE SERVICES CORPORATION, will on May 11, 2012, 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: LOT 21 OF LARGE LOT SUBDIVISION, AS PER PLAT RECORDED JULY 17, 2003 UNDER RECORDING NO. 200307175012, RECORDS OF PIERCE COUNTY AUDITOR; SITUATE IN THE COUNTY OF PIERCE, STATE OF WASHINGTON. Tax Parcel No: 031604-100-4, commonly known as APN# 0316041004 FOREST GROVE, MAY ALSO BE KNOWN AS, ROY, WA. The Property is subject to that certain Deed of Trust dated 10/13/2004, recorded 10/21/2004 , under Auditor's/Recorder's No. 200410210325, records of PIERCE County, Washington, from JAMES KENDALL ZAUGG, A SINGLE MAN, as Grantor, to LAND AMERICAN TRANSNATION, as Trustee, in favor of INDYMAC BANK, F.S.B., as Beneficiary, the beneficial interest in which is presently held by Deutsche Bank National Trust Company, as Indenture Trustee for IndyMac Residential Asset-Backed Trust, Series 2004-LH1 under the sale and Servicing Agreement dated December 1, 2004. 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 default(s) for which this foreclosure is/are made are as follows: FAILURE TO PAY THE PRINCIPAL BALANCE WHICH BECAME DUE AT MATURITY, TOGETHER WITH ACCRUED AND ACCRUING INTEREST, CHARGES, FEES AND COSTS AS SET FORTH. Failure to pay when due the following amounts which are now in arrears: Amount due as of February 10, 2012 Unpaid Principal $ 118,952.23 Interest $ 10,191.07 Accrued Late Charges $ 157.59 Beneficiary Advances: $ 1,395.75 Suspense Credit: $ 0.00 TOTAL: $ 13 0,696.64 IV The sum owing on the obligation secured by the Deed of Trust is: Principal f $118,952.23, 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 May 11, 2012. The sale will be discontinued and terminated if at any time on or before the sale, 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 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. VI A written Notice of Default was transmitted by the Beneficiary or Trustee to the Borrower and Grantor at the following addresses: JAMES KENDALL ZAUGG, 925 5TH AVENUE NORTHWEST APT B104, ISSAQUAH, WA, 98027 JAMES KENDALL ZAUGG, 39311 HIGHLAND DRIVE EAST, ROY, WA, 98580 JAMES KENDALL ZAUGG, APN# 0316041004 FOREST GROVE, ROY, WA, 98580 JAMES ZAUGG, 925-5TH AVE NW UNIT B 104, ISSAQUAH, WA, 98007 SPOUSE OF JAMES KENDALL ZAUGG, APN# 0316041004 FOREST GROVE, ROY, WA, 98580 SPOUSE OF JAMES KENDALL ZAUGG, 39311 HIGHLAND DRIVE EAST, ROY, WA, 98580 SPOUSE OF JAMES KENDALL ZAUGG, 925 5TH AVENUE NORTHWEST APT B104, ISSAQUAH, WA, 98027 by both first class and certified mail on 12/13/2011, proof of which is in the possession of the Trustee; and on 10/21/2011, 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 sale 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 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 and tenants. After the 20th day following the sale the purchaser has the right to evict occupants and tenants by summary proceeding under the Unlawful Detainer Act, Chapter 59.12 RCW. XI Notwithstanding the use of the term "reinstatement", this obligation is fully mature and the entire principal balance is due and payable, together with interest, costs, fees and advances as set forth above. DATED: February 9, 2012 Effective Date: February 9, 2012 REGIONAL TRUSTEE SERVICES CORPORATION Trustee By: KAREN GREAGOR, AUTHORIZED AGENT Address: 616 1st Avenue, Suite 500 Seattle, WA 98104 Sale Information: www.rtrustee.com A4197538 04/06/2012, 04/27/2012