NOTICE OF TRUSTEE'S SALE OF COMMERCIAL LOAN

NOTICE OF TRUSTEE’S SALE OF COMMERCIAL LOAN

TS No WA01000015-24-1 APN 13123.0002, 13123.0003, 14192.0002 AND 24074.9056 TO No 240417500-WA-MSI PURSUANT TO THE REVISED CODE OF WASHINGTON CHAPTER 61.24 ET. SEQ. Grantor: SE GRAND L.L.C., A WASHINGTON LIMITED LIABILITY COMPANY, AS TO PARCELS A AND B, CHENEY PROPERTIES L.L.C., A WASHINGTON LIMITED LIABILITY COMPANY, AS TO PARCEL C, AND CASTAWAYS RESORT LLC, A WASHINGTON LIMITED LIABILITY COMPANY, FORMERLY KNOWN AS TAKODA PARK, L.L.C. A WASHINGTON LIMITED LIABILITY COMPANY, AS TO PARCEL D, Current Beneficiary of the Deed of Trust: WTRE INVESTING, LLC Original Trustee of the Deed of Trust: FIRST AMERICAN TITLE INSURANCE COMPANY Current Trustee of the Deed of Trust: MTC Financial Inc. dba Trustee Corps Current Mortgage Servicer of the Deed of Trust: Peterson Russell Kelly, PLLC Reference Number of the Deed of Trust: Instrument No. 7203249, 7203250, 7203251, 7203252, 7203253 Parcel Number: 13123.0002, 13123.0003, 14192.0002 AND 24074.9056 I. NOTICE IS HEREBY GIVEN that on January 3, 2025, 10:00 AM, at the South entrance Spokane County Courthouse, 1116 W Broadway, Spokane, WA, MTC Financial Inc. dba Trustee Corps, the undersigned Trustee, will sell at public auction to the highest and best bidder, payable, in the form of cash, or cashier's check or certified checks from federally or State chartered banks, at the time of sale the following described real property, situated in the County of Spokane, State of Washington, to-wit: 13123.0002 122341CHENEY TRS E1/2 OF W1/2 OF NW1/4 OF SW1/4 EXC E1 71FTOF N125FT OF S341FT &EXC S10RDS LYG E OF W25FT EXC RD. 13123.0003 122341CHENEY TRS S10RDS LYG E OF W25FT OF E1/2 OF W1/2 O FNW1/4 OF SW1/4 EXC E182FT 14192.0002 MED LK TRS 19-24-41 PTN OF L1&5 SEC 19-24-41 LYG S&E OF HWY 24074.9056 07-24-42: PTN OF SE1/4 SEC 7 DAF: COM AT NE COR SAID SE1/4 SEC 7; TH S01*26'11"E 1696.19FT ON THE E LN OF SAID SE1/4 TO TRUE POB: TH CONT ALG SAID LN S01*26'11"E 546.82FT; TH N81*35'29"W 933.75FTTO A PT THAT IS 920.00FT W OF THE E LN OF SAID SE1/4, MEASURED AT RIGHT ANGLES THERETO; TH N01*26'11"W 325.76FT, PARALLEL W/SAID E LN; TH N74*11'05"E 150.32FT; TH S74*00'00"E 62.49FT; THN74*11'05"E 8.21FT; TH ALG NON-TANGENT CURVE TO LEFT HAVING RADIUS OF 77.69FT, A CENT ANG OF 14*54'55", AN ARC LENGTH OF 20.22FT, A CHORD BEARING N02*46'22"W, & CHORD LENGTH OF 20.17FT; TH IN A NLYDIR W/A REVERSE TANGENT CURVE TO RIGHT HAVING RADIUS OF 128.30FT, A CENT ANG OF 40*13'49", AN ARC LENGTH OF 90.09FT, A CHORD BEARING OF N09*53'05"E, & A CHORD LENGTH OF 88.25FT; TH N30*00'00"E5.38FT; TH N90*00'00"E 23.76FT; TH N89*14'47"E 149.40FT; TH N74*29'20"E 95.31FT; TH N84*09'54"E 268.65FT; TH S69*06'02"E 74.69FT; TH S53*58'45"E 60.15FT; TH S39*34'40"E 59.72FT TO TRUE POB;EXC CO RDS; SUBJ TO ROW, EASEMENTS OR SERVITUDES OF RECORD OR IN VIEW; PARCEL 'B' OF CE-9-14(A&B). Legal Description attached as Exhibit A APN: 13123.0002, 13123.0003, 14192.0002 AND 24074.9056 More commonly known as 5323 BELLA VISTA DR., VERADALE, WA 99037 which is subject to that certain Deed of Trust dated as of April 29, 2022, executed by SE GRAND L.L.C., A WASHINGTON LIMITED LIABILITY COMPANY, AS TO PARCELS A AND B, CHENEY PROPERTIES L.L.C., A WASHINGTON LIMITED LIABILITY COMPANY, AS TO PARCEL C, AND CASTAWAYS RESORT LLC, A WASHINGTON LIMITED LIABILITY COMPANY, FORMERLY KNOWN AS TAKODA PARK, L.L.C. A WASHINGTON LIMITED LIABILITY COMPANY, AS TO PARCEL D, as Trustor(s), to secure obligations in favor of WTRE INVESTING, LLC as original Beneficiary recorded April 29, 2022 as Instrument No. 7203249, 7203250, 7203251, 7203252, 7203253, 20227203249, 7203250, 7203251, 7203252, of official records in the Office of the Recorder of Spokane County, Washington. II. No action commenced by WTRE INVESTING, LLC, the current Beneficiary of the Deed of Trust is now pending to seek satisfaction of the obligation in any Court by reason of the Borrowers' or Grantors' default on the obligation secured by the Deed of Trust/Mortgage. Current Beneficiary: WTRE INVESTING, LLC Contact Phone No: (425) 462-4700 Address: 1850 Skyline Tower, 10900 N.E. 4th Street, Bellevue, WA 98004 III. The default(s) for which this foreclosure is made is/are as follows: The secured loan obligation has matured May 1, 2024. Therefore, the unpaid principal, along with all remaining interest, fees, expenses and charges are all due and payable. PAYOFF INFORMATION: UNPAID PRINCIPAL BALANCE $2,094,192.00, INTEREST 437,983.00, LATE FEE $118,989.00, ATTORNEY FEES (estimated) $15,000.00 TOTAL PAYOFF AMOUNT $2,666,164.00 PROMISSORY NOTE INFORMATION Note Dated: April 29, 2022 Note Amount: $2,000,000.00 Interest Paid To: August 15, 2023 Next Due Date: May 1, 2024 IV. The sum owing on the obligation secured by the Deed of Trust is: The principal sum of $2,094,192.00, 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 expense of sale and the obligation secured by the Deed of Trust as provided by statute. Said sale will be made without warranty, expressed or implied, regarding title, possession or encumbrances on January 3, 2025. The defaults referred to in Paragraph III must be cured by December 23, 2024, (11 days before the sale date) to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time before December 23, 2024 (11 days before the sale) the default as set forth in Paragraph III is cured and the Trustees' fees and costs are paid. Payment must be in cash or with cashiers' or certified checks from a State or federally chartered bank. The sale may be terminated any time after the December 23, 2024 (11 days before the sale date) and before the sale, by the Borrower or Grantor or the holder of any recorded junior lien or encumbrance by paying the principal and interest, 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 current Beneficiary, WTRE INVESTING, LLC or Trustee to the Borrower and Grantor at the following address(es): ADDRESS CASTAWAYS RESORT LLC, FORMERLY KNOWN AS TAKODA PARK, L.L.C. C/O STEVE EMTMAN, 5323 BELLA VISTA, VERADALE, WA 99037 CASTAWAYS RESORT LLC, FORMERLY KNOWN AS TAKODA PARK, L.L.C. 41499 W SUNDAY BAY RD N, DEER MEADOWS, WA 99122 CASTAWAYS RESORT LLC, FORMERLY KNOWN AS TAKODA PARK, L.L.C. 5323 S BELLA VISTA DR , VERADALE, WA 99037 CHENEY PROPERTIES L.L.C. C/O STEVE EMTMAN, 5323 BELLA VISTA, VERADALE, WA 99037 CHENEY PROPERTIES L.L.C. 41499 W SUNDAY BAY RD N, DEER MEADOWS, WA 99122 CHENEY PROPERTIES L.L.C. 5323 S BELLA VISTA DR , VERADALE, WA 99037 STEVEN C. EMTMAN 5323 BELLA VISTA , VERADALE, WA 99037 STEVEN C. EMTMAN 1025 OAKLAND ST, CHENEY, WA 99004-2340 STEVEN C. EMTMAN 5323 S BELLA VISTA DR, VERADALE, WA 99037 STEVEN C. EMTMAN C/O CHENEY PROPERTIES LLC, 41499 W SUNDAY BAY RD N, DEER MEADOWS, WA 99122 STEVEN C. EMTMAN C/O CHENEY PROPERTIES, LLC, PO BOX 620, CHENEY, WA 99004 STEVEN C. EMTMAN C/O SE GRAND LLC, 5323 S. BELLA VISTA DR., VERADALE, WA 99037 STEVEN C. EMTMAN C/O TAKODA PARK LLC, 41499 SUNDAY BAY RD N, DEER MEADOWS, WA 99122-8734 STEVEN C. EMTMAN C/O TAKODA PARK LLC, PO BOX 620, CHENEY, WA 99004 SE GRAND L.L.C 5323 BELLA VISTA DR., VERADALE, WA 99037 SE GRAND L.L.C 5323 S BELLA VISTA DR, VERADALE, WA 99037 SE GRAND L.L.C c/o STEVEN C. EMTMAN, 5323 BELLA VISTA, VERADALE, WA 99037 CASTAWAYS RESORT LLC , FKA TAKODA PARK L.L.C. 5323 BELLA VISTA , VERADALE, WA 99037 CASTAWAYS RESORT LLC , FKA TAKODA PARK L.L.C. 5323 S BELLA VISTA DR , VERADALE, WA 99037 CASTAWAYS RESORT LLC , FKA TAKODA PARK L.L.C. c/o STEVEN C. EMTMAN, 5323 BELLA VISTA, VERADALE, WA 99037 by both first class and certified mail on August 9, 2024, proof of which is in the possession of the Trustee; and 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 August 9, 2024 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 objections to this 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 Trustees' Sale. NOTICE TO GUARANTOR(S) – RCW 61.24.042 – (1) The Guarantor may be liable for a deficiency judgment to the extent the sale price obtained at the Trustees' Sale is less than the debt secured by the Deed of Trust; (2) 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; (3) The Guarantor will have no right to redeem the property after the Trustee's Sale; (4) Subject to such longer periods as are provided in the Washington Deed of Trust Act, Chapter 61.24.RCW, any action brought to enforce a guaranty must be commenced within one year after the Trustees' Sale, or the last Trustee's Sale under any Deed of Trust granted to secure the same debt; and (5) In any action for a deficiency, the Guarantor will have the right to establish the fair value of the property as of the date of the Trustee's Sale, less prior liens and encumbrances, and to limit its liability for a deficiency to the difference between the debt and the greater of such fair value or the sale price paid at the Trustee's Sale, plus interest and costs. The failure of the Beneficiary to provide any Guarantor the notice referred to in this section does not invalidate either the notices given to the Borrower or the Grantor, or the Trustee's Sale. Dated: September 19, 2024 MTC Financial Inc. dba Trustee Corps, as Duly Appointed Successor Trustee By: By: Alan Burton, Vice President MTC Financial Inc. dba Trustee Corps 606 W. Gowe Street Kent, WA 98032 Toll Free Number: (844) 367-8456 TDD: 711 949.252.8300 For Reinstatement/Pay Off Quotes, contact MTC Financial Inc. DBA Trustee Corps. Order Number 106538, Pub Dates: 12/06/2024, 12/27/2024, VALLEY NEWS HERALD