00081538 Notice of Default

00081538
NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OF TRUST Trustee’s
Sale No: 134337-AK This NOTICE OF DEFAULT AND ELECTION TO SELL is given by
CLEAR RECON CORP, as Successor Trustee under that certain Deed of Trust executed by
MICHAEL A. GALBREATH, AN UNMARRIED MAN, as Trustor, to YUKON TITLE COMPANY,
INC., as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS,
INC., AS BENEFICIARY, AS NOMINEE FOR ALASKA USA MORTGAGE COMPANY, LLC,
ITS SUCCESSORS AND ASSIGNS, as Beneficiary, dated 1/11/2010, recorded 1/12/2010,
as Instrument No. 2010-000527-0, in the Fairbanks Recording District, State of Alaska. The
beneficial interest in the Deed of Trust has been assigned to NewRez LLC dba Shellpoint
Mortgage Servicing and the record owner of the property is purported to be MICHAEL A
GALBREATH. Said Deed of Trust covers real property situated in said Recording District,
described as follows: Lot 8, Block 7 of the AURORA SUBDIVISION, according to the plat labeled
“Revision A”, filed July 24, 1952 as Instrument Number 133.210; records of the Fairbanks
Recording District, Fourth Judicial District, State of Alaska. More Accurately Described as
Lot 8, Block 7 of the AURORA SUBDIVISION, according to the plat labeled “Revision A”,
filed July 24, 1952 as Instrument No. 133.210, in the records of the Fairbanks Recording
District, Fourth Judicial District, State of Alaska. Commonly referred to as: 2119 SOUTHERN
AVENUE, FAIRBANKS, AK 99709 APN: 0045012 A breach of the obligation which said Deed
of Trust secures has occurred in that Installment of Principal and Interest plus impounds and/or
advances which became due on 10/1/2024 plus late charges, and all subsequent installments
of principal, interest, balloon payments, plus impounds and/or advances and late charges that
become payable. By reason thereof, and under the terms of the Note and Deed of Trust, the
Beneficiary has declared all sums so secured to be immediately due and payable, together with
any trustee fees, attorney fees, costs and advances made to protect the security associated
with this foreclosure. The sum owing on the obligation good through 4/2/2025 is $127,300.16
as follows:

Unpaid Principal Balance:
Interest:
Late Charges:
Beneficiary Advances:
TOTAL REQUIRED TO PAYOFF:

$120,546.47
$3,444.15
$0.00
$3,309.54
$127,300.16

If the default has arisen by failure to make payments required by the trust deed, the default
may be cured and the sale may be terminated if: 1. Payment of the sum in default, other
than the principal that would not be due if default had not occurred, and attorney 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. If Notice of Default has been recorded two or more times previously under the same
trust deed and the default has been cured the trustee does not elect to refuse payment and
continue the sale. NOTICE IS HEREBY GIVEN that pursuant to demand of the Beneficiary,
the Trustee hereby elects to sell the above described real property to satisfy the obligation,
together with all accrued interest and all costs and expenses, at public auction, for cash, to
the highest and best bidder, at the 4TH JUDICIAL DISTRICT: In the lobby of the Fairbanks
Courthouse, 101 Lacey Street, Fairbanks, AK 99701, on 7/15/2025, at 10:00 AM. Beneficiary
will have the right to make an offset bid at sale without cash. Anyone having an objection to
the 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 same. DATED: 4/2/2025 CLEAR RECON
CORP 3333 Camino Del Rio South, Suite 225 San Diego, California 92108 Phone: 866-9310036 By Hamsa Uchi, Authorized Signatory for Trustee
				 Published: 4-16-2025, 4-23-2025, 4-30-2025, 5-07-2025