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About Heppner gazette-times. (Heppner, Or.) 1925-current | View Entire Issue (April 19, 2017)
EIGHT - Heppner Gazette-Times, Heppner, Oregon Wednesday, April 19, 2017 BEO Bancorp reports first quarter earnings HEPPNER—BEO Bancorp and its subsidiary, Bank of Eastern Oregon, announced first-quarter 2017 consolidated net in- come of $801,000 or $0.67 per share, compared to $782,000 or $0.64 per share for first quarter 2016. Total assets were $377 million up seven percent year over year. Net loans of $304 mil- lion were up seven percent from the same period in 2016, while deposits were at $334.3 million, up seven percent year over year. “We are pleased with how 2017 is starting. We are seeing steady, man- aged growth in both loans and deposits. Net income is slightly higher than last year, which adds to share- holder equity, which is up 7.6 percent year over year,” said president and CEO Jeff Bailey. Chief financial officer Mark Lemmon said, “Net income is up 2.43 per- cent from last year. Return on Average Assets is 0.84 percent compared to 0.88 percent last year; with Re- turn on Average Equity at 10.63 percent versus 11.12 percent in 2016.” “As an ag-based bank, first quarter is typically the low point in our lending cycle,” Lemmon went on to say. “Over the next few months we should see ag lines drawn upon and loan volume increase accord- ingly.” “Seven percent growth in loans, deposits and assets year over year is strong when compared to previ- ous year’s growth trends for the same period,” chief operations officer Gary Propheter added. “I see this as a reflection of the trust that customers place in our institution, which comes from having a great team of bankers.” Bailey said renewal season was challenging, which was expected. The bank saw an uptick in car- ryovers and tighter margins brought on by lower pro- duction and depressed com- modity prices during 2016. “Spring field work is well underway and we feel optimistic about the mois- ture situation. Reservoirs Cardinals pick up the pace in track events The Cardinal track team had a busy week last week, attending the AMJ Invitational on Friday in Vida and the Maynard Mai Invitational in Glide on Saturday. Ione men placed sixth in a field of nine at the AMJ, while women place four out of seven. At Glide, Cardinal men and women placed 11 and 12 out of a field of 16 teams, respectively. Individual results with placings shown to eighth are as follows: Jake Heideman 11:25.73a PR 4x100 Relay 3. Cord Flynn, JR Roque, Dan Kelly, Junior Verduzco, 49.16a Shot Put - 12lb 5. Karsen Dumler 30-10.00 Discus - 1.6kg 5. Karsen Dumler 89-10 Jake Heideman 63-10 Javelin - 800g 2. Cord Flynn 141-08 SR 8. Jake Heideman 93-01 PR Goncalo Silva 90-04 High Jump 7. Dan Kelly 4-06.00 PR Long Jump 5. Junior Verduzco 17-05.75 PR AMJ Invitational, April 7 JR Roque 15-11.00 PR Men’s Varsity Finals Results Pedro Bolanos 12-10.50 100 Meters Triple Jump 8. JR Roque 13.12a PR 4. Dan Kelly 31-04.50 Goncalo Silva 13.25a PR Women’s Varsity Finals Pedro Bolanos 14.12a Results 200 Meters 800 Meters 6. Dan Kelly 26.55a 5. Mackenzie Heideman Goncalo Silva 28.14a 3:17.76a Roman Rodriguez 31.45a PR 1500 Meters 400 Meters 2. Mackenzie Heideman 5. Junior Verduzco 1:03.04a 5:53.12a PR Roman Rodriguez 1:15.55a 6. Susie Teeman 7:03.11a PR PR 100m Hurdles - 33” 1500 Meters 1. Laura Ayala 19.80a SR 3. Danny Doherty 5:20.80a 2. Sarah Knop 20.83a PR 3000 Meters 300m Hurdles - 30” 7. Danny Doherty 11:40.34a 1. Sarah Knop 1:00.30a 300m Hurdles - 36” 2. Laura Ayala 1:02.11a 3. Junior Verduzco 55.27a 2k Steeplechase 2k Steeplechase 7. Sarah Knop 11:37.62a PR JR Roque 10:31.88a PR 8. Ashley Medina 12:13.28a Goncalo Silva 11:18.27a PR PR Danny Doherty 11:18.54a PR Sonia Medina 16:55.34a PR Dan Kelly 11:19.77a PR Shot Put - 4kg 5. Ashley Medina 22-04.00 PR Sonia Medina 19-04.00 Discus - 1kg 4. Ashley Medina 69-00 5. Sonia Medina 54-01 Javelin - 600g 7. Laura Ayala 59-10 Mackenzie Heideman 49-03 High Jump 5. Sarah Knop 4-02.00 PR Long Jump 3. Laura Ayala 12-07.25 Glide/Maynard Mai Invita- tional, April 8 Men’s Varsity Finals Results 100 Meters Goncalo Silva 13.59a Roman Rodriguez 14.53a PR Jake Heideman 16.04a PR 400 Meters Junior Verduzco 1:01.48a JR Roque 1:03.03a PR Pedro Bolanos 1:08.27a PR 1500 Meters 3. Hayden Qualls 4:47.56a PR Danny Doherty 5:21.50a 3000 Meters 4. Hayden Qualls 10:39.57a SR Danny Doherty 11:34.18a SR Shot Put - 12lb Karsen Dumler 31-11.00 Discus - 1.6kg 4. Cord Flynn 120-09 PR Karsen Dumler 96-10 SR Jake Heideman 64-05 PR Javelin - 800g 3. Cord Flynn 139-08 Dan Kelly 100-06 PR Roman Rodriguez 93-08 PR Long Jump JR Roque 14-08.00 Goncalo Silva 13-08.50 Pedro Bolanos 12-11.00 Triple Jump Dan Kelly 31-09.00 Women’s Varsity Finals Results 400 Meters 7. Sarah Knop 1:14.95a 800 Meters Mackenzie Heideman 3:03.47a Susie Teeman 3:23.85a PR 1500 Meters 5. Mackenzie Heideman 6:04.76a 100m Hurdles - 33” 6. Laura Ayala 20.80a 300m Hurdles - 30” 6. Laura Ayala 57.37a PR 8. Sarah Knop 59.84a Shot Put - 4kg Ashley Medina 20-04.00 Sonia Medina 19-05.00 Discus - 1kg Ashley Medina 68-09 Sonia Medina 62-04 PR Javelin - 600g Laura Ayala 66-00 Mackenzie Heideman 51-00 High Jump 5. Sarah Knop 4-02.00 Long Jump Laura Ayala 12-00.50 Cardinal athletes com- peted Tuesday at the Grant Union Small Schools Meet; results were not available at press time. They next travel to Condon on Friday, April 28, for the Condon/Wheeler Invitational. The first event begins at noon. Mustang athletes gallop to forefront in Dick Horyna meet The Heppner track and field team attended the Dick Horyna Invitational on Sat- urday, April 8, at Stanfield Secondary School, Stan- field. No team placings were available, but several individual athletes made their presence felt on the field. Individual results, with places shown to eighth, are as follows: 800 Meters 2. Hunter Nichols 2:09.25a 5. Trent Smith 2:18.92a SR Jorden Sweeney 2:43.84a 1500 Meters 2. Hunter Nichols 4:25.32a Jorden Sweeney 5:09.42a Evan Kollman 5:18.94a PR 3000 Meters 1. Trent Smith 10:24.79a PR 7. Leo Waite 11:26.37a PR Evan Kollman 12:38.45a PR 110m Hurdles - 39” 7. Jake Wallace 20.00a PR Men’s Finals Varsity Results Leo Waite 21.24a PR 300m Hurdles - 36” 100 Meters Jake Wallace 51.48a PR Carson Brosnan 14.02a Gibson McCurry 53.10a Austin Moses 14.76a PR Austin Moses 1:07.03a 200 Meters 4x400 Relay Carson Brosnan 27.82a 4. Relay Team 4:15.38a Gavin Hanna 28.13a PR Shot Put - 12lb 400 Meters 1. Derek Howard 45-07.00 Gibson McCurry 1:03.66a PR PR Jake Wallace 30-08.00 PR Evan Kollman 1:11.74a Austin Moses 21-10.00 Discus - 1.6kg 5. Derek Howard 103-10.00 PR Carson Brosnan 87-01.00 PR Gavin Hanna 75-02.00 Javelin - 800g 4. Jake Wallace 121-02.00 PR Gavin Hanna 105-02.00 Carson Brosnan 99-02.00 High Jump 2. Alex Lindsay 5-06.00 Gibson McCurry 5-00.00 Long Jump Gavin Hanna 14-08.00 Triple Jump 3. Alex Lindsay 38-10.00 Leo Waite 29-06.00 Women’s Varsity Finals Results 100 Meters Makayla Silvia 15.02a 200 Meters Alison Cecil 31.44a PR 400 Meters 6. Alison Cecil 1:15.60a 100m Hurdles - 33” 7. Makayla Silvia 20.53a PR Shot Put - 4kg Makayla Silvia 19-07.00 PR Javelin - 600g Alison Cecil 65-08.00 PR Long Jump 6. Makayla Silvia 13-05.00 Triple Jump 4. Alison Cecil 21-09.50 PR Heppner athletes next compete at the 53 rd annual Centennial Invitational Sat- urday, April 22, at Centen- nial High School. Events start at 11 a.m. HEPPNER GAZETTE-TIMES 188 W Willow Heppner OR 541-676-9228 541-676-9211 david@rapidserve.net We’ll take the time to get to know you, and find a loan that’s the perfect fit. If you haven’t seen what BEO can do for you, stop in and experience banking with us today. Heppner & Ione Branches Term Loans Member FDIC Lines of Credit Ag & Commercial Real Estate Loans beobank.com are full, there is a decent snow pack and crops are looking good,” he said. “There is increased op- timism in regards to crop production and quality of grass for the ranchers. It is pretty early to make any bold predictions, but at this early stage harvest prospects are better than we have seen for several years,” concluded Bailey. For further information on the company or to ac- cess internet banking, visit the website at http://www. beobank.com. PUBLIC NOTICE fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the terms of said Trust Deed. Wherefore, notice is hereby given that, the un- dersigned Trustee will on July 12, 2017 at the hour of 12:00 PM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, Court Street entrance steps to the Morrow County Court- house, 100 Court St, Hep- pner, OR 97836 County of Morrow, sell at public auc- tion to the highest bidder for cash the interest in the said described real prop- erty which the Grantor had or had power to convey at the time of the execution by him of the said Trust Deed, together with any interest which the Grantor or his successors in inter- est acquired after the ex- ecution of said Trust Deed, to satisfy the foregoing ob- ligations thereby secured and the costs and expenses of sale, including a reason- able charge by the Trustee. Notice is further given that any person named in Sec- tion 86.753 of Oregon Re- vised Statutes has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the Benefi- ciary of the entire amount then due (other than such portion of said principal as would not then be due had no default occurred), together with the costs, Trustee’s or attorney’s fees and curing any other default complained of in the Notice of Default by tendering the performance required under the obliga- tion or Trust Deed, at any time prior to five days be- fore the date last set for sale. Without limiting the Trustee’s disclaimer of representations or warran- ties, Oregon law requires the Trustee to state in this notice that some resi- dential property sold at a Trustee’s sale may have been used in manufactur- ing methamphetamines, the chemical components of which are known to be toxic. Prospective purchas- ers of residential property should be aware of this potential danger before deciding to place a bid for this property at the Trust- ee’s sale. In construing this notice, the masculine gen- der includes the feminine and the neuter, the sin- gular includes plural, the word “Grantor” includes any successor in interest to the Grantor as well as any other persons owing an ob- ligation, the performance of which is secured by said Trust Deed, the words “Trustee” and “Beneficia- ry” includes their respec- tive successors in interest, if any. Dated: February 24, 2017 By: Nathan F. Smith, Esq., OSB #120112 Suc- cessor Trustee Malcolm & Cisneros, A Law Corpora- tion Attention: Nathan F. Smith, Esq., OSB #120112 c/o TRUSTEE CORPS 17100 Gillette Ave, Irvine, CA 92614 949-252-8300 FOR SALE INFORMA- TION PLEASE CALL: In Source Logic at 702-659- 7766 Website for Trustee's Sale Information: www. insourcelogic.comISL Number 28760, Pub Dates: 04/19/2017, 04/26/2017, 05/03/2017, 05/10/2017. Published: April 19, 26, May 3, 10, 2017 Affidavit TS No. OR06000002- 16-1 APN 9307 / 1003 5N2719CC02619 TO No 160037286-OR-MSO TRUSTEE'S NOTICE OF SALE Reference is made to that certain Trust Deed made by, KAREN E. DE- VORE, UNMARRIED WOMAN as Grantor to FIRST AMERICAN TI- TLE as Trustee, in favor of MORTGAGE ELEC- TRONIC REGISTRA- TION SYSTEMS, INC. (“MERS”), as designated nominee for MORTGAGE INVESTORS CORPO- RATION., Beneficiary of the security instrument, its successors and assigns, dated as of August 29, 2011 and recorded on Sep- tember 15, 2011 as Instru- ment No. 2011-28799 and the beneficial interest was assigned to FREEDOM MORTGAGE CORPORA- TION and recorded De- cember 21, 2016 as Instru- ment Number 2016-39444 of official records in the Office of the Recorder of Morrow County, Oregon to-wit: APN: 9307 / 1003 5N2719CC02619 NORTH 1/2 OF LOT 30, ALL OF LOT 31, BLOCK 44, IR- RIGON, IN THE CITY OF IRRIGON, COUNTY OF MORROW AND STATE OF OREGON. INCLUD- ING THAT PORTION OF THE VACATED ALLEY INURED THERETO; EXCEPTING THERE- FROM THAT PORTION DEEDED TO THE CITY OF IRRIGON, IN DEED RECORDED JULY 28, 1997, AS MICROFILM NO. M-51802, MORROW COUNTY MICROFILM RECORDS. Commonly known as: 110 SE TENTH STREET, IRRIGON, OR 97844 Both the Benefi- ciary, FREEDOM MORT- GAGE CORPORATION, and the Trustee, Nathan F. Smith, Esq., OSB #120112, have elected to sell the said real property to satisfy the obligations secured by said Trust Deed and notice has been re- corded pursuant to Section 86.735(3) of Oregon Re- vised Statutes. The default for which the foreclosure is made is the Grantor’s fail- ure to pay: Failed to pay payments which became due Monthly Payment(s): 22 Monthly Payment(s) from 01/01/2013 to 10/01/2014 at $531.23, 12 Monthly Payment(s) from 11/01/2014 to 10/01/2015 at $495.78, 12 Monthly Payment(s) from 11/01/2015 to 10/01/2016 at $505.36, 4 Monthly Payment(s) from 11/01/2016 to 02/01/2017 at $514.77 Monthly Late Charge(s): 22 Month- ly Late Charge(s) from 01/01/2013 to 10/01/2014 at $314.38, 11 Month- ly Late Charge(s) from 11/01/2014 to 09/01/2015 at $141.57, 10 Month- ly Late Charge(s) from 01/01/2016 to 10/01/2016 at $132.50, 4 Month- ly Late Charge(s) from 11/01/2016 to 02/01/2017 at $54.52By this reason of said default the Beneficia- ry has declared all obliga- tions secured by said Trust Deed immediately due and payable, said sums being the following, to-wit: The sum of $82,515.99 togeth- er with interest thereon at the rate of 3.00000% per annum from December 1, 2012 until paid; plus all accrued late charges thereon; and all Trustee’s