NOTICE OF DEFAULT AND DEED OF TRUST FORECLOSURE SALE
Fidelity Title Agency of Alaska, as substitute trustee, recorded October 31, 2011 as Instrument No. 2011-003364-0, now gives notice of default under the deed of trust executed by TKL Associates, LLC, Trustor, in favor of First National Bank Alaska, Beneficiary, recorded on June 5, 2008 as Instrument No. 2008-002290-0, modified by agreement recorded May 24, 2012 as Instrument No. 2012-001666-0, in the Homer Recording District, Third Judicial District, State of Alaska encumbering the following property:
Parcel I: Lot One (1), PLUMB BLUFF ESTATES SUBDIVISION, PART 4, according to the official plat thereof, filed under Plat Number 87-4, in the records of the Homer Recording District, Third Judicial District, State of Alaska.
Parcel II: Lot Three (3), Block Three (3), PLUMB BLUFF ESTATES SUBDIVISION, PART TWO, according to the official plat thereof filed under Plat Number 84-111, in the records of the Homer Recording district, Third Judicial District, State of Alaska.
The address of the property is 24610 Sterling Highway and 24915 Driftwood Court, Anchor Point, AK 99556.
Trustor is in default as payment of the secured note is five months or more past due, late charges are past due in the amount of $3,706.20, and property taxes are past due in the amount of $16,092.28.
The balance due on the note is the principal sum of $242,516.16 plus interest from December 16, 2014 as provided in the Note plus any prepayment premium, late charges, attorneys' fees and costs of sale and other sums as provided in the deed of trust.
YOU ARE NOTIFIED that Fidelity Title Agency of Alaska, Trustee, by demand of beneficiary, hereby elects to sell the real property described above to satisfy the obligations secured thereby at an auction sale to be held on March 31, 2016, in the main lobby of the Anchorage Superior Courthouse at 825 W. 4th Avenue, Anchorage, Alaska. The sale may be held with other sales as Trustee may conduct which shall begin at 10:00 a.m. and continue until complete.
Payment must be made at the time of sale in cash or by cashier's check. Beneficiary may enter a credit offset bid consisting of sums due it under the deed of trust security agreement and note. Title to the real property will be conveyed by trustee's quitclaim deed without warranties of title.
YOU ARE FURTHER NOTIFIED that if default has arisen by failure to make payments required under the promissory note and/or the deed of trust, the default may be cured and this sale terminated if payment of the sum then in default, other than principal that would not then be due if default had not occurred, and attorneys and other foreclosure fees and costs actually incurred by the beneficiary and trustee due to the default is made at any time before the sale date stated in this notice or to which the sale is postponed. To determine the current amount required to be paid to cure the default and reinstate the payment terms of the note, you may call 777-3392 or send an e-mail to firstname.lastname@example.org. Provided, however, if notice of default has been recorded two or more times previously under the deed of trust described above and the default has been cured, the trustee may not elect to refuse payment and continue the sale.
Dated: December 30, 2015 Fidelity Title Agency of Alaska, Trustee
By:/s/ Leslie Plikat, COO
This Amended Notice of Default is being recorded to correct the street address of the property. The original Notice was recorded December 7, 2015 at Instrument No. 2015-003691-0.
Pub: 2/7/2016 through 3/5/2016