Reference is made to that certain Trust Deed made by WARREN P JAUREGUI, AND FRANCES J JAUREGUI, HUSBAND AND WIFE, as grantor(s), to LUCY E. KIVEL, ATTORNEY, as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., as Beneficiary, dated 04/10/07, recorded 04/18/07, in the mortgage records of Wallowa County, OR, as Recorder's fee/file/instrument/microfilm/reception Number 057619, and subsequently assigned to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. by Assignment recorded 01/29/2010 as Recorder's fee/file/instrument/microfilm/reception No. 063094, covering the following described real property situated in said county and state, to wit: **LEGAL DESCRIPTION: A TRACT IN LOT 2, SECTION 2, TOWNSHIP 2 SOUTH, RANGE 44 EAST OF THE WILLAMETTE MERIDIAN, WALLOWA COUNTY, OREGON, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF BLOCK 20, ORIGINAL TOWN OF ENTERPRISE, AS SHOWN BY THE PLAT THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE COUNTY CLERK OF WALLOWA COUNTY, OREGON, IN BOOK 'C' OF DEEDS, PAGE 288; RUNNING THENCE EAST, VARIATION 20 DEGREES 15' ALONG THE SOUTH LINE OF SAID BLOCK 20, A DISTANCE OF 237.6 FEET; THENCE SOUTHERLY A DISTANCE OF 380 FEET ALONG A LINE WHICH RUNS FROM THE POINT LAST ABOVE NAMED TO THE NORTHEAST CORNER OF LOT 9, BLOCK 3, ALDERVIEW ADDITION, TO THE TOWN OF ENTERPRISE, WALLOWA COUNTY, OREGON, AS SHOWN BY THE MAP THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE COUNTY CLERK OF SAID COUNTY AND STATE IN BOOK 'O' OF DEEDS; PAGE 155; THENCE WESTERLY, PARALLEL WITH THE SOUTH LINE OF SAID BLOCK 3, ALDERVIEW ADDITION TO THE EAST LINE OF WEST SECOND STREET; THENCE NORTHERLY ALONG THE EAST LINE OF WEST SECOND STREET TO THE POINT OF BEGINNING. EXCEPTING THEREFROM ALL THAT PART LYING SOUTH OF THE WALLOWA RIVER. ALSO EXCEPTING THEREFROM A TRACT OF LAND BEING WITHIN LOT 2, SECTION 2, T2S, R44 EWM, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 162.6 FEET EAST OF THE SOUTHWEST CORNER OF BLOCK 20, ORIGINAL TOWN OF ENTERPRISE, AS SHOWN BY THE PLAT THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE COUNTY CLERK OF WALLOWA COUNTY, OREGON, IN BOOK 'C' OF DEEDS, PAGE 288; THENCE EAST VARIATION 20 DEGREES 15' ALONG THE SOUTH LINE OF SAID BLOCK 20 A DISTANCE OF 75 FEET; THENCE SOUTHERLY A DISTANCE OF 46 FEET; THENCE WEST A DISTANCE OF 75 FEET, THE BEARING OF WHICH IS PARALLEL TO THE SOUTH LINE OF BLOCK 20; THENCE NORTH 46 FEET TO THE POINT OF BEGINNING AS DESCRIBED IN INSTRUMENT RECORDED IN BOOK 81 OF DEEDS, PAGE 168. ALSO EXCEPTING THEREFREOM A TRACT OF LAND BEING WITHIN LOT 2, SECTION 2, T2S, R44 EWM, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF BLOCK 20, ORIGINAL TOWN OF ENTERPRISE, AS SHOWN BY THE PLAT THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE COUNTY CLERK OF WALLOWA COUNTY, OREGON, IN BOOK 'C' OF DEEDS, PAGE 288; THENCE WEST ALONG THE SOUTH LINE OF SAID BLOCK 20, 90.2 FEET; THENCE SOUTH 48.4 FEET; THENCE EAST 90.2 FEEET TO A POINT BEING WITHIN THE CHANNEL OF PRAIRIE CREEK; THENCE NORTH, 48.4 FEET TO THE POINT OF BEGINNING AS DESCRIBED IN INSTRUMENT RECORDED IN BOOK 82 OF DEEDS, PAGE 125.** PROPERTY ADDRESS: 303 SW 2ND ST ENTERPRISE, OR 97828-1208 Both the Beneficiary and the Trustee have elected to sell the real property to satisfy the obligations secured by the Trust Deed and a notice of default has been recorded pursuant to Oregon Revised Statutes 86.735(3); the default for which the foreclosure is made is grantor's failure to pay when due the following sums: monthly payments of $1,568.20 beginning 10/01/2009; plus late charges of $64.68 each month beginning with the 10/01/2009 payment plus prior accrued late charges of $-194.04; plus advances of $ 15.00; together with title expense, costs, trustee's fees and attorney's fees incurred herein 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 therein. By reason of said default the Beneficiary has declared all sums owing on the obligation secured by the Trust Deed immediately due and payable, said sums being the following to wit: $187,206.19 with interest thereon at the rate of 7.125 percent per annum beginning 09/01/2009 until paid, plus all accrued late charges thereon together with title expense, costs, trustee's fees and attorney's fees incurred herein by reason of said default; and any further sums advanced by the Beneficiary for the protection of the above described real property and its interests therein. WHEREFORE, notice hereby is given that, RECONTRUST COMPANY, N.A., the undersigned Trustee will on Wednesday, June 09, 2010 at the hour of 10:00AM in accord with the standard of time established by ORS 187.110, at the following place: inside the main lobby of the Wallowa County Courthouse, 101 South River St., Enterprise, Wallowa County, Oregon, sell at public auction to the highest bidder for cash the interest in the described real property which the grantor had or had power to convey at the time of the execution by grantor of the Trust Deed, together with any interest which the grantor or grantor's successors in interest acquired after the execution of the Trust Deed, to satisfy the foregoing obligations thereby secured and the costs and expenses of sale, including a reasonable charge by the Trustee. Notice is further given that any person named in ORS 86.753 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) and 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, and in addition to paying said sums or tendering the performance necessary to cure the default by paying all costs and expenses actually incurred in enforcing the obligation and Trust Deed, together with the Trustee's and attorney's fees not exceeding the amounts provided by OSRS 86.753. In construing this notice, the singular 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 "Beneficiary" include their respective successors in interest, if any. NOTICE TO TENANTS: If you are a tenant of this property, foreclosure could affect your rental agreement. A purchaser who buys this property at a foreclosure sale has the right to require you to move out after giving you notice of the requirement. If you do not have a fixed-term lease, the purchaser may require you to move out after giving you a 30-day notice on or after the date of sale. If you have a fixed-term lease, you may be entitled to receive after the date of the sale a 60-day notice of the purchaser's requirement that you move out. To be entitled to either a 30-day or 60-day notice, you must give the trustee of the property written evidence of your rental agreement at least 30 days before the date first set for the sale. If you have a fixed-term lease, you must give the trustee a copy of the rental agreement. If you do not have a fixed-term lease and cannot provide a copy of the rental agreement, you may give the trustee other written evidence of the existence of the rental agreement. The date that is 30 days before the date of sale is May 10, 2010. Federal law may grant you additional rights, including a right to a longer notice period. Consult a lawyer for more information about your rights under federal law. You have the right to apply your security deposit and any rent you prepaid toward your current obligation under your rental agreement. If you want to do so, you must notify your landlord in writing and in advance that you intend to do so. If you believe you need legal assistance with this matter, you may contact the Oregon State Bar's lawyer referral service at 503-684-3763 or toll-free in Oregon at 800-452-7636. If you have a low income and meet federal poverty guidelines, you may be eligible for free legal assistance. For more information and a directory of legal aid programs, go to http://oregonlawhelp.org or contact the Oregon State Bar's lawyer referral service at the phone numbers referenced above. Dated: February 11, 2010 RECONTRUST COMPANY, N.A. For further information, please contact: RECONTRUST COMPANY, N.A. 1800 Tapo Canyon Rd., CA6-914-01-94 SIMI VALLEY, CA. 93063 (800) 281-8219 (TS# 10-0003128) 1006.86259-FEI

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