DOCUMENT TITLE: NOTICE OF TRUSTEE'S SALE OF...
DOCUMENT TITLE: NOTICE OF...
DOCUMENT TITLE: NOTICE OF TRUSTEE'S SALE OF COMMERCIAL LOAN
RELATED DOCS.: DEED OF TRUST (AF #20220926000379)
GRANTEE/TRUSTEE: REAL ESTATE MANAGEMENT CORPORATION
BENEFICIARIES: KROOK, FRANKLIN D. and KROOK, NANCY L.
GRANTOR: KIMA PARTNERS, INC.
CURRENT LOAN SERVICER: PUGET SOUND INVESTORS, LLC
LEGAL DESC.: LOT 47, FIRCREST PARK
TAX PARCEL NO.: 255700-0470
NOTICE OF TRUSTEE'S SALE OF COMMERCIAL LOAN
PURSUANT TO THE REVISED CODE OF WASHINGTON
CHAPTER 61.24, ET. SEQ.
TO: KIMA PARTNERS, INC.
Attn: Angelique Kitchen
2811 SW 337th Street
Federal Way, WA 98023
I. NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the 6th day of June, 2025, at the hour of 10:00 o'clock a.m., at the King County Administration Building, 500 4th Avenue, Seattle, WA 98104, sell at public auction to the highest and best bidder, payable at the time of sale, the following described real property, situated in the County of King, State of Washington, to-wit:
LOT 47 OF FIRCREST PARK, AS PER PLAT RECORDED IN VOLUME 107 OF PLATS, PAGES 50 AND 51, RECORDS OF KING COUNTY AUDITOR;
SITUATE IN THE CITY OF FEDERAL WAY, COUNTY OF KING, STATE OF WASHINGTON.
which is subject to that certain Deed of Trust recorded on September 26, 2022, under Auditor's File No. 20220926000379, records of King County, Washington, from KIMA Partners, Inc., a Washington Corporation, to secure an obligation in favor of Franklin D. Krook and Nancy L. Krook, husband and wife, BENEFICIARIES.
II. No action commenced by the Beneficiary of the deed of trust is now pending to seek satisfaction of the obligation in any court by reason of the Borrower's or Grantor's default on the obligation secured by the Deed of Trust.
III. The default(s) for which this foreclosure is made is/are as follows: Failure to pay the following past due amounts, which are in arrears:
Full Balance of Principal, Interest and Penalties, in the amount of $597,416.67 as of March 1, 2025.
IV. The sum owing on the obligation secured by the Deed of Trust is: Principal and interest of $597,416.67, together with interest, penalties and late fees from March 1, 2025, as provided in the note or other instrument secured, and such other expenses, costs and fees as are due under the note or other instrument secured, and as are provided by statute.
V. The above-described real property will be sold to satisfy the expense of sale and the obligation secured by the deed of trust as provided by statute. The sale will be made without warranty, express or implied, regarding title, possession, or encumbrance on June 6, 2025. The defaults referred to in paragraph III must be cured by May 26, 2025 (11 days before the sale date), to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time on or before May 26, 2025 (11 days before the sale date), the default(s) as set forth in paragraph III is/are cured and the Trustee's fees and costs are paid. The sale may be terminated any time after May 26, 2025 (11 days before the sale date), and before the sale by the Grantor or the Grantor's successor in interest or the holder of any junior lien or encumbrance paying the entire principal and interest secured by the Deed of Trust, plus expenses. costs, fees and advances, if any, made pursuant to the terms of the obligation and/or Deed of Trust, and curing all other defaults.
VI. A written notice of default was transmitted by the Beneficiary or Trustee to the Borrower and Grantor or the Grantor's successor in interest at the following address:
2811 SW 337th Street
Federal Way, WA 98023
by both first class and certified mail on January 31, 2025, and the Borrowers accepted service of the Notice of Default on February 4, 2025, proof of which is in the possession of the Trustee.
II. The Trustee whose name and address are set forth below will provide in writing to anyone requesting it a statement of all costs and fees due at any time prior to the sale.
VIII. The effect of the sale will be to deprive the Grantors and all those who hold by, through or under the Grantor of all their interest in the above-described property.
X. Anyone having any objections to this sale on any grounds whatsoever will be afforded an opportunity to be heard as to those objections if they bring a lawsuit to restrain the sale pursuant to RCW 61.24.130. Failure to bring such a lawsuit may result in a waiver of any proper grounds for invalidating the Trustee's sale.
X. The purchaser at the trustee's sale is entitled to possession of the property on the 20th day following the sale, as against the grantor under the Deed of Trust (the owner) and anyone having an interest junior to the Deed of Trust, including occupants and tenants. After the 20th day following the sale the purchaser has the right to evict occupants and tenants by summary proceedings under the unlawful detainer act, chapter 59.12 RCW.
Dated this 6th day of March, 2025.
REAL ESTATE MANAGEMENT
CORPORATION, TRUSTEE
BY: KENT HABERLY, President
P.O. BOX 2116
1301 Riverside Drive Ste. A2
MOUNT VERNON, WA 98273
(360) 424-3323
DOCUMENT TITLE: NOTICE OF TRUSTEE'S SALE OF COMMERCIAL LOAN
RELATED DOCS.: DEED OF TRUST (AF #20220926000379)
GRANTEE/TRUSTEE: REAL ESTATE MANAGEMENT CORPORATION
BENEFICIARIES: KROOK, FRANKLIN D. and KROOK, NANCY L.
GRANTOR: KIMA PARTNERS, INC.
CURRENT LOAN SERVICER: PUGET SOUND INVESTORS, LLC
LEGAL DESC.: LOT 47, FIRCREST PARK
TAX PARCEL NO.: 255700-0470
NOTICE OF TRUSTEE'S SALE OF COMMERCIAL LOAN
PURSUANT TO THE REVISED CODE OF WASHINGTON
CHAPTER 61.24, ET. SEQ.
TO: KIMA PARTNERS, INC.
Attn: Angelique Kitchen
2811 SW 337th Street
Federal Way, WA 98023
I. NOTICE IS HEREBY GIVEN that the undersigned Trustee will on the 6th day of June, 2025, at the hour of 10:00 o'clock a.m., at the King County Administration Building, 500 4th Avenue, Seattle, WA 98104, sell at public auction to the highest and best bidder, payable at the time of sale, the following described real property, situated in the County of King, State of Washington, to-wit:
LOT 47 OF FIRCREST PARK, AS PER PLAT RECORDED IN VOLUME 107 OF PLATS, PAGES 50 AND 51, RECORDS OF KING COUNTY AUDITOR;
SITUATE IN THE CITY OF FEDERAL WAY, COUNTY OF KING, STATE OF WASHINGTON.
which is subject to that certain Deed of Trust recorded on September 26, 2022, under Auditor's File No. 20220926000379, records of King County, Washington, from KIMA Partners, Inc., a Washington Corporation, to secure an obligation in favor of Franklin D. Krook and Nancy L. Krook, husband and wife, BENEFICIARIES.
II. No action commenced by the Beneficiary of the deed of trust is now pending to seek satisfaction of the obligation in any court by reason of the Borrower's or Grantor's default on the obligation secured by the Deed of Trust.
III. The default(s) for which this foreclosure is made is/are as follows: Failure to pay the following past due amounts, which are in arrears:
Full Balance of Principal, Interest and Penalties, in the amount of $597,416.67 as of March 1, 2025.
IV. The sum owing on the obligation secured by the Deed of Trust is: Principal and interest of $597,416.67, together with interest, penalties and late fees from March 1, 2025, as provided in the note or other instrument secured, and such other expenses, costs and fees as are due under the note or other instrument secured, and as are provided by statute.
V. The above-described real property will be sold to satisfy the expense of sale and the obligation secured by the deed of trust as provided by statute. The sale will be made without warranty, express or implied, regarding title, possession, or encumbrance on June 6, 2025. The defaults referred to in paragraph III must be cured by May 26, 2025 (11 days before the sale date), to cause a discontinuance of the sale. The sale will be discontinued and terminated if at any time on or before May 26, 2025 (11 days before the sale date), the default(s) as set forth in paragraph III is/are cured and the Trustee's fees and costs are paid. The sale may be terminated any time after May 26, 2025 (11 days before the sale date), and before the sale by the Grantor or the Grantor's successor in interest or the holder of any junior lien or encumbrance paying the entire principal and interest secured by the Deed of Trust, plus expenses. costs, fees and advances, if any, made pursuant to the terms of the obligation and/or Deed of Trust, and curing all other defaults.
VI. A written notice of default was transmitted by the Beneficiary or Trustee to the Borrower and Grantor or the Grantor's successor in interest at the following address:
2811 SW 337th Street
Federal Way, WA 98023
by both first class and certified mail on January 31, 2025, and the Borrowers accepted service of the Notice of Default on February 4, 2025, proof of which is in the possession of the Trustee.
II. The Trustee whose name and address are set forth below will provide in writing to anyone requesting it a statement of all costs and fees due at any time prior to the sale.
VIII. The effect of the sale will be to deprive the Grantors and all those who hold by, through or under the Grantor of all their interest in the above-described property.
X. Anyone having any objections to this sale on any grounds whatsoever will be afforded an opportunity to be heard as to those objections if they bring a lawsuit to restrain the sale pursuant to RCW 61.24.130. Failure to bring such a lawsuit may result in a waiver of any proper grounds for invalidating the Trustee's sale.
X. The purchaser at the trustee's sale is entitled to possession of the property on the 20th day following the sale, as against the grantor under the Deed of Trust (the owner) and anyone having an interest junior to the Deed of Trust, including occupants and tenants. After the 20th day following the sale the purchaser has the right to evict occupants and tenants by summary proceedings under the unlawful detainer act, chapter 59.12 RCW.
Dated this 6th day of March, 2025.
REAL ESTATE MANAGEMENT
CORPORATION, TRUSTEE
BY: KENT HABERLY, President
P.O. BOX 2116
1301 Riverside Drive Ste. A2
MOUNT VERNON, WA 98273
(360) 424-3323
Posted Online 1 week ago
