2026-000808

Klamath County, Oregon
01/27/2026 08:40:01 AM
NOTICE OF DEFAULT Fee: $107.00

AND ELECTION TO SELL

RE: Trust Deed from:
MICHAEL D. ESBENSHADE, Grantor
To:

Nathan F. Smith, OSB #120112

After recording return to:

Malcolm & Cisneros, A Law Corporation
Attention: Nathan F. Smith, OSB #120112
c/o TRUSTEE CORPS

17100 Gillette Ave

Irvine, CA 92614

TS No. OR06000004-25-1 APN R135507 || 2310-0160A0-00100-000 TO No LCT25017700

Reference is made to that certain Trust Deed made by MICHAEL D. ESBENSHADE as Grantor, to
AMERITITLE, INC. as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC.
(“MERS"), as designated nominee for AMERICAN FINANCIAL RESOURCES, INC, Beneficiary of the
security instrument, its successors and assigns, dated as of July 13, 2018 and recorded July 13, 2018 in
the records of Klamath County, Oregon as Instrument No. 2018-008394 and the beneficial interest was
assigned to LAKEVIEW LOAN SERVICING, LLC and recorded January 27, 2025 as Instrument Number
2025-000549 covering the following described real property situated in the above-mentioned county and
state, to wit:

APN: R135507 || 2310-0160A0-00100-000

LOT 1 IN BLOCK 2 OF NEW PINE ACRES, ACCORDING TO THE OFFICIAL PLAT THEREOF ON FILE
IN THE OFFICE OF THE COUNTY CLERK KLAMATH COUNTY, OREGON.

The undersigned hereby certifies that no assignments of the Trust Deed by the Trustee, Nathan F. Smith,
OSB #120112, or by the Beneficiary, Lakeview Loan Servicing, LLC, and no appointments of a successor
Trustee have been made, except as recorded in the records of the county or counties in which the above
described real property is situated. Further, no action has been instituted to recover the debt, or any part
thereof, now remaining secured by the Trust Deed, or, if such action has been instituted, such action has
been dismissed except as permitted by ORS 86.752(4),

There is a default by Grantor or other person owing an obligation, performance of which is secured by the
Trust Deed or by the successor in interest, with respect to provisions therein which authorize sale in the
event of such provision. The default for which foreclosure is made is Grantor’s failure to pay when due the
following sums:

The total monthly payment(s) in the amount of $23,339.81 beginning April 1, 2024, as
follows:

$23,339.81 = Total monthly payment(s) at $23,339.81

By reason of said default, the Beneficiary has declared all sums owing on the obligation secured by said
Trust Deed immediately due and payable totaling $172,980.70, said sums being the following:

1. Principal balance of $160,602.72 and accruing interest as of January 1, 2026, per annum, from
March 1, 2024 until paid.

2. $13,323.31 in interest

3. $92.00 in Total Fees Amount

$412.08 in late charges

$3,158.09 in negative escrow balance

$4,125.00 in corporate advances

$1,267.50 in foreclosure fees and costs

Together with title expenses, costs, Trustees fees and attorney fees incurred here in by reason of
said default and any further sums advanced by the Beneficiary for the protection of the above
described real property and its interest there in.

O ~NOO N

By reason of the default, the Beneficiary has declared all sums owing on the obligation secured by the Trust
Deed immediately due and payable, those sums being the following, to- wit: Failed to pay payments which
became due

Notice hereby is given that the Beneficiary and Trustee, by reason of default, have elected and do hereby
elect to foreclose the Trust Deed by advertisement and sale pursuant to ORS 86.705 to 86.815, and to
cause to be sold at public auction to the highest bidder for cash the interest in the described property which
grantor had, or had the power to convey, at the time of the execution by Grantor of the Trust Deed, together
with any interest Grantor or Grantor's successor in interest acquired after the execution of the trust deed,
to satisfy the obligations secured by the Trust Deed and the expenses of the sale, including the
compensations of the Trustee as provided by law, and the reasonable fees of Trustee's attorneys.

The Sale will be held at the hour of 01:00 PM, in accord with the standard of time established by ORS
187.110, on June 18, 2026 at the following place: Front Steps, Klamath County Circuit Court, 316 Main
Street, Klamath Falls, OR 97601

Other than as shown of record, neither the Beneficiary nor the Trustee has any actual notice of any person
having or claiming to have any lien upon or interest in the real property hereinabove described subsequent
to the interest of the Trustee in the Trust Deed, or of any successor in interest to grantor or of any lessee
or other person in possession of or occupying the property except:

MICHAEL DEAN ESBENSHADE
8050 HOWARD ROAD, LA PINE, OR 97739

MICHAEL D. ESBENSHADE
8050 HOWARD ROAD, LA PINE, OR 97739

OCCUPANT
8050 HOWARD ROAD, LA PINE, OR 97739

CAVALRY SPV|, LLC
C/O JOHNSON MARK LLC, 901 N. BRUTSCHER ST, D PMB 401, NEWBERG, OR 97132

Notice is further given that any person named in ORS 86.778 has the right, at any time prior to five days
before the date last set for the sale, to have this foreclosure proceeding dismissed and the Trust Deed
reinstated by payment to the Beneficiary of the entire amount then due (other than such portion of the
principal as would not then be due had no default occurred), together with costs, Trustee's and attorney's
fees, by curing any other default complained of herein that is capable of being cured by tendering the
performance required under the obligation or Trust Deed, at any time prior to five days before the date last
set for sale.

Without limiting the Trustee's disclaimer of representations or warranties, Oregon law requires the Trustee
to state in this notice that some residential property sold at a Trustee's sale may have been used in
manufacturing methamphetamines, the chemical components of which are known to be toxic. Prospective
purchasers of residential property should be aware of this potential danger before deciding to place a bid
for this property at the Trustee's sale.

TS No. OR06000004-25-1

In construing this notice, the singular gender includes the plural, the word "Grantor” includes any successor
in interest to the Grantor as well as any other person owing an obligation, the performance of which is
secured by said Trust Deed, and the words "Trustee" and "B ciary" include their respective successors
in interest, if any.

Dated: _01/23/2026

By: Natian ith, OSB #120112
Sycces tee

A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document, to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

STATE OF CALIFORNIA
COUNTY OF ORANGE

On 01/23/2026 before me, CHRISTINA VALENZUELA, Notary Public, personally appeared NATHAN F.
SMITH, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed
to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and
that by his signature on the instrument the person, or the entity upon behalf of which the person acted,
executed the instrument.

I certify under PENALTY OF PERJURY under the Jaws of the State of CALIFORNIA that the foregoing
paragraph is true and correct.

P P . S P N PSS -

CHRISTINA VALENZUELAg
. # 24112135
NOTARY PUBLIC = CALIFORNIA &

SS my handpand official seal. '(3
) \IW g
b

lic Signat@

Malcolm & Cisneros, A Law Corporation
Attention: Nathan F. Smith, OSB #120112
c/o TRUSTEE CORPS
17100 Gillette Ave, Irvine, CA 92614
949-252-8300

To the extent your original obligation was discharged or is subject to an automatic stay of bankruptcy under
Title 11 of the United States Code, this naotice is for compliance and/or informational purposes only and does
not constitute an attempt to collect a debt or to impose personal liability for such obligation. However, a
secured party retains rights under its security instrument, including the right to foreclose its lien.

TS No. OR06000004-25-1

CERTIFICATE OF COMPLIANCE
STATE OF OREGON
FORECLOSURE AVOIDANCE PROGRAM

AFTER RECORDING RETURN TO:

Betsy Chavarria 8/26/2025
For Malcolm & Cisneros, For Loancare

2112 Business Center Drive

Irvine, CA 92612

MICHAEL D. ESBENSHADE

Grantor:
Beneficiary: Lakeview Loan Servicing, LLC
Property Address: 8050 HOWARD ROAD

LA PINE, OR 97739

Instrument Number: 2018-008394
Recording Number: 2018-008394
Loan Number:

Date / County Recording date: 7/13/2018
County: Klamath
B1-250219-4156

Instrument / Recording No.

Case Number

1. The Service Provider hereby certifies that:

The beneficiary and/or its agent complied with the requirements of ORS 86.726, 86.729 and 86.732; or

|:| The grantor did not pay the required fee by the deadline.

2. Onthis date, | mailed the original certificate to the beneficiary and provided a copy to the grantor and the Attorney General

electronically or by mail.
DATED thisZé day of /4%5%4” 20 25. /J——‘ _\7 4

Authorized Representative, Oregon Foreclosure Avoidance Program

STATE OF OREGON }
) ss.
County of Multnomah )

The foregoing instrument was acknowledged before me on A’W‘\l«?‘\" 7t 2025 by )(SS«E Ct' 9~ [Print Name]

as an Authorized Representative of the Oregon Foreclosure Avoidance Program Service Provider, Mediation Case Manager.

o) e

Notary Public -,»Sfate of Oregon
My Commission Expires: &/5/ 2

OFFICIAL STAMP
AICHARD JAMES MORTON
W NOTARY PUBLIC - OREGON
INS¥Z/  COMMISSION NO. 1024850 Com 670 V7/01/24

MY COMMISSION EXPIRES JUNE 05, 2026