NOTICE OF DEFAULT AND DEED OF TRUST FORECLOSURE SALE
Fidelity Title Agency of Alaska, as substitute trustee for Kachemak Bay Title
Agency, Inc., recorded March 18, 2010 as Instrument No. 2010-000835-0, now gives
notice of default under the deed of trust executed by Steven L. Williams, Trustor, in
favor of First National Bank Alaska, Beneficiary, recorded on March 29, 2005 at
Instrument No. 2005-001162-0, whose beneficial interest was assigned to Alaska
Housing Finance Corporation, recorded March 29, 2005 as Instrument No. 2005-
001163-0, in the Homer Recording District, Third Judicial District, State of Alaska
encumbering the following property:
Tract One-B (1-B), NIGHTWATCH THREE, according to Plat
No. 79-41, in the Homer Recording District, Third Judicial
District, State of Alaska.
The address of the property is 33340 Lichen Street, Anchor Point, AK 99556.
Trustor is in default as payment of the secured note is four months or more past
due and late charges are also past due in the amount of $121.35.
The amount due and owing by Trustor to the Assignee of the Beneficiary as of
June 26, 2018 is $67,005.74, which includes $64,324.70 in principal, $1,719.81 in
interest from January 1, 2018, $121.35 in late charges, <$886.12 in escrow reserve>,
$466.00 for a Trustee’s Sale Guarantee, $60.00 recording costs and $1,200.00
attorney fees. This balance will continue to accrue interest after June 26, 2018 at a
rate in accordance with the Note until the time of sale. Other charges, as allowed
under the loan documents, may also accrue until the time of sale.
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 September 27, 2018, in
the main lobby of the Boney Courthouse at 303 K Street, 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 (1) 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, and (2) when notice of default has been recorded two or
more times previously under the same deed of trust described and the default has
been cured, the trustee does not elect to refuse payment and continue the sale. To
determine the current amount required to be paid to cure the default and reinstate the
payment terms of the Promissory Note, you may call 777-3447 or send an e-mail to
Dated: June 26, 2018 Fidelity Title Agency of Alaska, Trustee
By: Nichole Smith / Title Officer
PUB: 8/5, 12, 19, 26, 2018