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TRUST DEED FORECLOSURE - Professional Liability Fund

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SAMPLE 19 – SCRIPT FOR NOTICE OFBANKRUPTCY FILING (step 11)Grantor [Grantor’s Name] declared bankruptcy on [date]. Accordingly, this foreclosure isstayed. Pursuant to ORS 86.755(6), the trustee declares the bankruptcy stay operates tosuspend this sale, and that no further setovers will take place. In the event that this property isreleased from the bankruptcy, the trustee will, within thirty days after that release, give amendednotice of sale by certified and first class mail to the last known addresses of those persons listedin ORS 86.740 and 86.750(1), and to any address provided by any person present here andnow, unless a true copy of the amended notice of sale is posted on the trustee's internetwebsite. The amended notice of sale will be given at least 20 days prior to the amended date ofthis sale. It will set a new date of the sale and specify the time and place for the sale andotherwise conform to the requirements of ORS 86.745.YOU SHOULD OBTAIN THE NAME AND ADDRESS OF EACH PERSON WHO APPEAREDAND WITNESSED THE ANNOUNCEMENT OF THE SETOVERPage 30 of 41 [Rev. 7/2012]PROFESSIONAL LIABILITY FUND (<strong>TRUST</strong> <strong>DEED</strong> <strong>FORECLOSURE</strong> CHECKLIST.DOC)

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