DEFAULT AND SALE
This is a notice that the Trustor, ESTATE OF NINA BARLONGO executed a Deed of Trust to FIDELITY TITLE AGENCY OF ALASKA, LLC as Trustee, with MATTIE ANNIE EGEMO LIVING TRUST, Beneficiary, recorded the 3rd day of August, 2016 as Instrument No. 2016-031327-0, Anchorage Recording District, Third Judicial District, State of Alaska. The Trustors have breached and defaulted in their obligations for which the Deed of Trust is security by failing to make the required payments due under the Promissory Note in accordance with the Deed of Trust. There is presently an amount due and owing to MATTIE ANNIE EGEMO LIVING TRUST, Beneficiary, the principal sum of SEVENTY EIGHT THOUSAND, FOUR HUNDRED DOLLARS AND TWENTY THREE CENTS ($78,400.23) plus interest thereon at the rate of SEVEN PERCENT (7.0%) per annum from the 1ST day of July, 2018, and said interest continues to accrue. There are real estate taxes due of $1,572.76, as of July 1, 2018.
Unit No. 410, PIEDMONT WEST CONDOMINIUMS, as identified in the Declaration recorded August 8, 1983, in Book 874, at Page 82, and amendments thereto, and as shown on the Floor Plans and As-Built Survey filed under Plat No. 83-100, in the records of the Anchorage Recording District, Third Judicial District, State of Alaska
Said Deed of Trust concerns the following described real property: 3041 Lois Drive, Unit 410, Anchorage, Alaska 99517
Conditions of Reinstatement: If the default has arisen by failure to make payments required by the trust deed, the default may be cured and the foreclosure terminated if (1) at any time before the sale date stated herein or a date to which the sale is postponed, payment is made of the sum then in default, other than principal that would not be due if the default had not occurred, plus attorney and other foreclosure fees and costs actually incurred by the Beneficiary and Trustee due to the default, and (2) if the Trustee does not elect to refuse payment and proceed with the sale if the recording of a Notice of Default and a reinstatement have occurred two or more time previously under the trust deed described above.
There is now owned and unpaid the following (as of July 11, 2018):
Interest (from 07/01/2017 – 07/01/2018) $729.00
Reserve Fees $_1,400.75
Late Fee $300.00
Buyer Fees $286.00
Real Estate Taxes $ 1,572.76
Attorney Fees $ 2,000.00
Total amount currently due (as of 07/11/2018) $84,688.74
The amount due will increase hereafter by the amount of interest incurred at 7.0% per annum and by future foreclosure fees and/or foreclosure costs, and by any sums properly advanced or expended under the terms of the Deed of Trust.
The undersigned, being the original or properly substituted Trustee, has elected to proceed to sell the property to satisfy the obligation and will hold such sale on the 20 day of November 2018, at the hour of 10:00 a.m., at the main front entrance, Boney Courthouse, located at 825 West 4th Avenue, Anchorage, Alaska 99501.
DATED this 17th day of August, 2018
FIDELITY TITLE AGENCY FO ALASKA,LLC SUBSTITUTED TRUSTEE by: Chief Title Officer
PUB: 9/9, 16, 23, 30, 2018