Issue link: https://www.epageflip.net/i/227694
8B Daily News – Friday, December 13, 2013 US stocks fall for a third straight day Wall Street NEW YORK (AP) — The stock market fell to its lowest level in a month Thursday as investors worried that the end may be nearing for the Federal Reserve's support for the economy. The Fed's stimulus efforts have been a key factor in the bull market that has pushed the Standard & Poor's 500 index almost 25 higher percent this year. Investors know it will end sooner or later. But the timing, and the fallout, are uncertain. Until this month, stocks had risen for eight weeks straight. The S&P 500 set a record high as recently as Monday. But stocks posted their biggest declines since Nov. 7 on Wednesday, and dropped further on Thursday. Now they're on the verge of their second weekly loss in a row. The Dow Jones industrial average closed down 104.10 points, or 0.7 percent, at 15,739.43. The S&P 500 fell 6.72 points, or 0.4 percent, to 1,775.50. The Nasdaq composite dropped 5.41 points, or 0.1 percent, to 3,998.40. The Dow is still up 20 percent this year, and the Nasdaq has risen 32 percent. ''We don't think we're in a bubble, however we do know we're in an expensive market,'' said Marty Leclerc, chief investment officer and portfolio manager at Barrack Yard Advisors. Leclerc said stocks have risen faster than earnings over the past couple of years, so it ''wouldn't be unusual to have a step backwards even in the confines of a bull market run.'' In economic news, the number of people seeking unemployment benefits rose to about where it was before the Great Recession. Also, U.S. shoppers spent more money on appliances, furniture and cars in November. Spending had been muted for months heading into the crucial holiday shopping period, a worrisome sign for investors. Retail sales rose 0.7 percent last month, the biggest gain in five months. October sales were also revised higher. That's the kind of economic data that has been interpreted to mean that the U.S. economy is strong enough for the Fed reduce, or ''taper,'' as it's called on Wall Street, its stimulus program. ''We get this taper mania, where every piece of economic data gets examined very closely,'' said Ryan Detrick, senior technical strategist with Schaeffer's Investment Research. Detrick doesn't think that will happen as soon as this month. ''I don't think the data's been strong enough for that,'' he said. Social networking stocks continued to be strong. Facebook jumped $2.45, or 5 percent, to $51.83 after the stock was added to the S&P 500 index. Twitter rose $2.99, or almost 6 percent, to $55.33. Lululemon Athletica plunged $7.96, or almost 12 percent, to $60.39 after the upscale yoga clothing maker said sales will be flat in the next quarter and revenue for the year will be less than it had predicted. Several gaffes have hurt sales of its $100 yoga pants and other products. In the spring Lululemon pulled some of its pants from stores after complaints that they became see-through. Two days ago, founder Chip Wilson stepped aside as chairman, and the company named a new CEO. Hilton Worldwide, the world's largest hotel company, jumped $1.50, or 7.5 percent, to $21.50 on its first day of trading. The company raised $2.35 billion in its initial public offering, more than the $2.1 billion generated by Twitter's IPO last month. Airlines rose, led by Southwest Airlines Co., which gained 82 cents, or 4.6 percent, to $18.79 after an upgrade by an analyst at Bank of America Merrill Lynch. United Continental Holdings Inc. rose $1.04, or 3 percent, to $37.62. Networking company Ciena fell $1.59, or 7 percent, to $21.31 after quarterly earnings and its first-quarter outlook came in lower than expected. Six of the 10 industry groups in the S&P 500 declined. The biggest losses were in consumer staples, technology, and health care stocks. The yield on the 10-year Treasury note rose to almost 2.88 percent, from 2.85 percent on Wednesday. As IPO market booms, Hilton shares jump in debut It's a suite day for Hilton investors. Shares gained 7.5 percent to close at $21.50 Thursday after the hotelier raised $2.35 billion, the largest hotel IPO ever. Hilton Worldwide Holdings Inc. is the world's largest hotel group with 665,667 rooms across 90 countries and territories. It operates luxury brands such as the Waldorf Astoria and Conrad Hotels & Resorts but has built much of its recent growth on franchise deals. Investor demand for IPOs has been strong recently — there have been 218 IPOs in the U.S. this year, the most since 2000, according to IPO research and investment firm Renaissance Capital. And Hilton's offering trumped the $2.1 billion generated by Twitter's IPO last month, as well as proceeds from IPOs of its competitors. The next biggest was Hyatt Hotels Corp.'s $1.1 billion IPO in 2009, according to data provider Dealogic. Hilton's market value of about $21.2 billion is well above that of other hoteliers. Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. are both worth about $13.8 billion, while Hyatt has a market capitalization of $7.3 billion as of Thursday's close. Hilton was taken private in 2007 by Blackstone Group LP, a private equity firm. In its initial public offering, the company and a shareholder sold 117.6 million shares at $20 each. LEGAL NOTICE RESOLUTION 08-13 The Rio Alto Water District Board of Directors has set a public hearing to be held at 6:00 p.m., Wednesday, December 18, 2013 at the District Board Room, 22099 River View Dr., Cottonwood, CA. The proposed action is the adoption of increased water connection fees to cover the additional costs required to facilitate compliance with the amended California Residential Building Code Section 313. For further information, please contact the District at (530) 3473835. Publish: December 4, 5, 6, 7, 10, 11, 12, 13, 14 & 17, 2013 LEGAL NOTICE TRUSTEE'S SALE TSG No.: 8351321 TS No.: CA1300255635 FHA/VA/PMI No.: 6000381921 APN: 035230081 Property Address: 21696 SACRAMENTO AVENUE RED BLUFF, CA 96080 NOTICE OF TRUSTEE'S SALE YOU ARE IN DEFAULT UNDER A DEED OF TRUST, DATED 01/24/2008. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDING AGAINST YOU, YOU SHOULD CONTACT A LAWYER. On 01/08/2014 at 02:00 P.M., First American Title Insurance Company, as duly appointed Trustee under and pursuant to Deed of Trust recorded 01/30/2008, as Instrument No. 2008001305, in book , page , , of Official Records in the office of the County Recorder of TEHAMA County, State of California. Executed by: FREDDIE J. GIDCOMB AND GLADYS GIDCOMB, HUSBAND AND WIFE AS JOINT TENANTS, WILL SELL AT PUBLIC AUCTION TO HIGHEST BIDDER FOR CASH, CASHIER'S CHECK/CASH EQUIVALENT or other form of payment authorized by 2924h(b), (Payable at time of sale in lawful money of the United States) At the main entrance to the Tehama County Courthouse at 633 Washington Street, Red Bluff, CA. All right, title and interest conveyed to and now held by it under said Deed of Trust in the property situated in said County and State described as: AS MORE FULLY DESCRIBED IN THE ABOVE MENTIONED DEED OF TRUST APN# 035230081 The street address and other common designation, if any, of the real property described above is purported to be: 21696 SACRAMENTO AVENUE, RED BLUFF, CA 96080 he undersigned Trustee disclaims any liability for any incorrectness of the street address and other common designation, if any, shown herein. Said sale will be made, but without covenant or warranty, expressed or implied, regarding title, possession, or encumbrances, to pay the remaining principal sum of the note(s) secured by said Deed of Trust, with interest thereon, as provided in said note(s), advances, under the terms of said Deed of Trust, fees, charges and expenses of the Trustee and of the trusts created by said Deed of Trust. The total amount of the unpaid balance of the obligation secured by the property to be sold and reasonable estimated costs, expenses and advances at the time of the initial publication of the Notice of Sale is $146,363.70. The beneficiary under said Deed of Trust has deposited all documents evidencing the obligations secured by the Deed of Trust and has declared all sums secured thereby immediately due and payable, and has caused a written Notice of Default and Election to Sell to be executed. The undersigned caused said Notice of Default and Election to Sell to be recorded in the County where the real property is located. NOTICE TO POTENTIAL BIDDERS: If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be postponed one or more times by the mortgagee, beneficiary, trustee, or a court, pursuant to Section 2924g of the California Civil Code. The law requires that information about trustee sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and if applicable, the rescheduled time and date for the sale of this property, you may call (916)939-0772 or visit this Internet Web http://search. nationwideposting.com/propert ySearchTerms.aspx, using the file number assigned to this case CA1300255635 Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the Internet Web site. The best way to verify postponement information is to attend the scheduled sale. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee's attorney. Date: First American Title Insurance Company 6 CAMPUS CIRCLE WESTLAKE, TX 76262 First American Title Insurance Company MAY BE ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED MAY BE USED FOR THAT PURPOSE FOR TRUSTEES SALE INFORMATION PLEASE CALL (916)939-0772 NPP0224211 Publish: 12/13/2013, 12/20/2013, 12/27/2013 LEGAL NOTICE FICTITIOUS BUSINESS NAME STATEMENT File No. 2013000377 The following person(s) is (are) doing business as: Benchmark Buildings 11655 Hwy 99E Red Bluff, CA 96080 Andrew Lepp 11655 Hwy 99E Red Bluff, CA 96080 The registrant commenced to transact business under the fictitious business name or names listed above on N/A This business is conducted by: an individual S/By: Andrew Lepp Andrew Lepp This statement was filed with the County Clerk of Tehama County on 12/10/2013 BEVERLY ROSS Tehama County Clerk & Recorder Publish: December 13, 20, 27, 2013 & January 3, 2014 LEGAL NOTICE FICTITIOUS BUSINESS NAME STATEMENT File No. 2013000370 The following person(s) is (are) doing business as: The Closet On Main 641 Main St., Red Bluff, CA 96080 Denise LaChance 14185 Deerwood Dr. Red Bluff, CA 96080 R.J. LaChance 14185 Deerwood Dr. Red Bluff, CA 96080 The registrant commenced to transact business under the fictitious business name or names listed above on N/A This business is conducted by: Married Couple S/By: Denise LaChance Denise LaChance This statement was filed with the County Clerk of Tehama County on 12/3/2013 BEVERLY ROSS Tehama County Clerk & Recorder Publish: December 6, 13, 20 & 27, 2013 LEGAL NOTICE TRUSTEE'S SALE Trustee Sale No. 200-065562 Loan No. RC4586 Title Order No. 8343991 NOTICE OF TRUSTEE'S SALE [PURSUANT TO CIVIL CODE § 2923.3(a), THE SUMMARY OF INFORMATION REFERRED TO ABOVE IS NOT ATTACHED TO THE RECORDED OR PUBLISHED COPY OF THIS DOCUMENT BUT ONLY TO THE COPIES PROVIDED TO THE TRUSTOR.] YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 02-13-2004. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDINGS AGAINST YOU, YOU SHOULD CONTACT A LAWYER. On 12-20-2013 at 02:00 PM, PLM LOAN MANAGEMENT SERVICES, INC as the duly appointed Trustee under and pursuant to Deed of Trust Recorded 02-25-2004, Book 2451, Page 081, Instrument 003723 of official records in the Office of the Recorder of TEHAMA County, California, executed by: PAUL W. ELLYATT, AN UNMARRIED MAN, as Trustor, THE OAKS, A GENERAL PARTNERSHIP, as Beneficiary, will sell at public auction the trustor's interest in the property described below, to the highest bidder for cash, cashier's check drawn by a state or national bank, a cashier's check drawn by a state or federal credit union, or a cashier's check drawn by a state or federal savings and loan association, savings association, or savings bank specified in section 5102 of the Financial Code and authorized to do business in this state. The sale will be held by the duly appointed trustee as shown below, of all right, title, and interest conveyed to and now held by the trustee in the hereinafter described property under and pursuant to the Deed of Trust. The sale will be made, but without covenant or warranty, expressed or implied, regarding title, possession, or encumbrances, to pay the remaining principal sum of the note(s) secured by the Deed of Trust, interest thereon, estimated fees, charges and expenses of the Trustee for the total amount (at the time of the initial publication of the Notice of Sale) reasonably estimated to be set forth below. The amount may be greater on the day of sale. Place of Sale: AT THE MAIN ENTRANCE TO THE TEHAMA COUNTY COURTHOUSE, 633 WASHINGTON ST., RED BLUFF, CALIFORNIA Amount of unpaid balance and other charges: $33,322.24(estimated) Street address and other common designation of the real property purported as: APN Number: 007470-045-1 SEE EXHIBIT "A" ATTACHED HERETO FOR LEGAL DESCRIPTION EXHIBIT "A" THE LAND REFERRED TO IN THIS GUARANTEE IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF TEHAMA, (UNINCORPORATED AREA) AND IS DESCRIBED AS FOLLOWS: LOT 4 OF RED BLUFF NORTHWEST PHASE 3, TRACT NO. 84-1003, AS THE SAME IS SHOWN ON THE MAP FILED IN THE TEHAMA COUNTY RECORDER'S OFFICE, MAY 6, 1985 IN BOOK V OF MAPS, AT PAGE 58. EXCEPTING THEREFROM ONEHALF OF ALL OIL, GAS OR MINERALS THAT MAY BE ON, IN OR UNDER SAID LAND OR ANY PART THEREOF BELOW A DEPTH OF 500 FEET FROM THE SURFACE THEREOF, INCLUDING ONE-HALF OF RENTAL AND OTHER INCOME FROM LEASES THEREOF, AS RESERVED BY BRUCE M. BOYD, IN THE DEED RECORDED MAY 9, 1969 IN BOOK 527, PAGE 293, OFFICIAL RECORDS. PROPERTY HAS NO COMMON ADDRESS. FOR DIRECTIONS TO THE PROPERTY, PLEASE SUBMIT A WRITTEN REQUEST WITHIN 10 DAYS OF THE Q INITIAL PUBLICATION TO: WILLOWLANE INC.,, ET AL C/O PLM LENDER SERVICES, INC. 46 N. 2ND STREET CAMPBELL CA 95008 The undersigned Trustee disclaims any liability for any incorrectness of the street address and other common designation, if any, shown herein. The property heretofore described is being sold "as is". The following statements; NOTICE TO POTENTIAL BIDDERS and NOTICE TO PROPERTY OWNER are statutory notices for all one to four single family residences and a courtesy notice for all other types of properties. NOTICE TO POTENTIAL BIDDERS: If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be postponed one or more times by the mortgagee, beneficiary, trustee, or a court, pursuant to Section 2924g of California Civil Code. The law requires that information about trustee sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of this property, you may call Priority Posting & Publishing at (714) 573-1965 or visit this Internet Web site www.prior ityposting.com using the file number assigned to this case 200-065562. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the Internet Web site. The best way to verify postponement information is to attend the scheduled sale. DATE: 11-21-2013 FOR TRUSTEE'S SALES INFORMATION, PLEASE CALL (714) 573-1965, OR VISIT WEBSITE: www.priorityposting.com PLM LOAN MANAGEMENT SERVICES, INC, AS TRUSTEE 46 N. Second Street Campbell, CA 95008 (408)-370-4030 KELLY RODRIGUEZ, FORECLOSURE TECHNICIAN PLM LOAN MANAGEMENT SERVICES, INC IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. P1072344 Publish: 11/29, 12/6, 12/13/2013 Classifieds Hunting for a 1. House or Apartment 2. Job 3. Car or Truck 4. Lost Animals 5. Yard or Garage Sales To Subscribe Call Today! Red Bluff Daily News 527-2151 Web: www.redbluffdailynews.com