Issue link: https://www.epageflip.net/i/60233
8B Daily News – Friday, March 30, 2012 $540M lottery has states anticipating tax jackpot PROVIDENCE, R.I. (AP) — People queuing up for Mega Millions tickets aren't the only ones salivating over the record $540 million jackpot that could be won Friday — some state governments struggling through lean times know a hometown winner would bring a tax bonanza. Taxes on a lump-sum payment option to a single winner could mean tens of millions of dollars of badly needed revenue that could go to restore entire social service programs on the chop- ping block, pay for hundreds of low-income housing units, fore- stall new taxes or hire more state troopers. So many tickets have been sold that the jackpot climbed Thursday to the largest in U.S. lottery history, according to offi- cials in Rhode Island, one of 42 states where Mega Millions is played. If a lone winner took the lump-sum payout on the jack- pot's current amount, it would be an estimated $389.8 million. ''I'd love it if a Rhode Islander wins,'' said Rep. Helio Melo, the chairman of the House's Finance Committee. In Rhode Island, when the tax man comes calling for his 5.99 percent, that would mean an estimated $23.3 million, forked over in a single payment. With it, the state could pay for most of a $25 million bond for affordable housing that voters may be asked to approve this fall. It could also help Rhode Island reach its goal for aid to school districts for the first time. The state, which has a $7.9 billion bud- get, is $22 million short. A big lottery windfall wouldn't solve the state's fiscal woes, but it could help chip away at the debt, pay for one-time expens- es or delay budget cuts or tax increases — including on expen- sive clothing, pet grooming, car washes and taxi fares — at least for a year, Melo said. States set their own tax rates on lottery winnings. New York, for instance, charges 8.82 percent, while several, including Cali- fornia, charge none. Ohio's share of the lump-sum payout would be $23 million, hardly pocket change but still a fraction of the state's $56 billion two-year budget. ''We're not holding our breath waiting for a tax windfall for the state, but we will always root for Ohio and Ohioans and hope lottery luck comes to a Buckeye,'' said Joe Testa, the state's tax commissioner. In Montana, lawmakers already could have an excess of $500 million to work with when they write a budget in 2013. Another $50 million or so from tax collections on an in-state Mega Mil- lions win would be icing on the cake. State Sen. Dave Lewis, a former Montana budget director who now leads the Finance Committee, said he would use his influ- ence to make sure the windfall is used for one-time spending, such as on buildings and infrastructure. ''I just bought a ticket,'' he said. ''I hope it's me.'' Rhode Island already has a tax windfall coming its way from two recent Powerball wins. An 81-year-old Newport woman won the Feb. 11 jackpot worth $336.4 million, and the winning ticket for $60 million jackpot on March 7 was sold here. The Rhode Island Association of School Committees has asked the state to use the $17 million for technology and wireless Internet in schools. That would be in place of a $20 million bond. Gov. Lincoln Chafee has said the state, which is facing a $117 million budget shortfall next fiscal year, can't rely on those lot- tery winnings — and, of course, no state can. But his director of administration recently weighed in, saying of the tax payment: ''We're happy to collect it.'' Chinese firm surpasses Exxon in oil production NEW YORK (AP) — A big shift is happening in Big Oil: an American giant now ranks behind a Chinese upstart. Exxon Mobil is no longer the world's biggest publicly traded producer of oil. For the first time, that distinction belongs to a 13- year-old Chinese company called PetroChina. The Beijing compa- ny was created by the Chinese government to secure more oil for that nation's booming economy. PetroChina announced Thursday that it pumped 2.4 million bar- rels a day last year, surpassing Exxon by 100,000. The company has grown rapidly over the last decade by squeezing more from China's aging oil fields and outspending Western companies to acquire more petroleum reserves in places like Canada, Iraq and Qatar. It's motivated by a need to lock up as much oil as possible. The company's output increased 3.3 percent in 2011 while Exxon's fell 5 percent. Exxon's oil production also fell behind Rosneft, the Russian energy company. PetroChina's rise highlights a fundamental difference in how the largest petroleum companies plan to supply the world as new deposits become tougher to find and more expensive to produce. Every major oil company has aggressively pursued new finds to replace their current wells. But analysts say Western oil firms like Exxon Mobil have been more conservative than the Chinese, mind- ful of their bottom line and investor returns. With oil prices up 19 percent in 2011, they still made money without increasing produc- tion. PetroChina Co. Ltd. has a different mission. The Chinese gov- ernment owns 86 percent of its stock and the nation uses nearly every drop of oil PetroChina pumps. Its appetite for gasoline and other petroleum products is projected to double between 2010 and 2035. ''There's a lot of anxiety in China about the energy question,'' says energy historian Dan Yergin. ''It's just growing so fast.'' While PetroChina sits atop other publicly traded companies in oil production, it falls well short of national oil companies like Saudi Aramco, which produces nearly 8 million barrels a day. And Exxon is still the biggest publicly traded energy company when counting combined output of oil and natural gas. PetroChina ranks third behind Exxon and BP in total output of oil and natural gas. PetroChina is looking to build on its momentum in 2012. ''We must push ahead,'' PetroChina chairman Jiang Jiemin said in January. PetroChina has grown by pumping everything it can from reserves in China, estimated to contain more than 6.5 billion bar- rels. It drilled thousands of oil wells across vast stretches of the nation's northern grasslands. Some of those fields are ancient by industry standards, dating close to the beginning of China's com- munist government in the 1950s. The commitment to aging fields distinguishes PetroChina from its biggest Western rivals. Exxon and other major oil companies typically sell their aging, low-performing fields, or they put them out of commission. PetroChina also has been on a buying spree, acquiring new reserves in Iraq, Australia, Africa, Qatar and Canada. Since 2010, its acquisitions have totaled $7 billion, about twice as much as Exxon, according to data provider Dealogic. Several other Chinese companies have become deal makers around the globe as well. Total acquisitions by Chinese energy firms jumped from less than $2 billion between 2002 and 2003 to nearly $48 billion in 2009 and 2010, according to the Internation- al Energy Agency. More times than not, the companies are paying above the industry average to get those deals done. Legal Notices Legal Notices Legal Notices Legal Notices Legal Notices Legal Notices LEGAL NOTICE LIEN SALE LEGAL NOTICE BAKER ROAD MINI STORAGE 20825 STOLL ROAD, RED BLUFF, CA 96080 Date: April 4, 2012 Time: 11:00 a.m. Gail Kirtbey #537 Household Items Chris Aguero #509 Household Items JoAnn WIlson #132 Household Items Jennifer Waelty #105 Household Items Publish: March 23 & 30, 2012 NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that on Tuesday, April 17, 2012 at 10:30 a.m., or soon thereafter as may be heard, in the Board Cham- bers located at 727 Oak Street, Red Bluff, California, the Tehama County Board of Supervisors will conduct a public hearing to con- sider adopting an ordinance set- ting fees for Credit/Debit trans- actions and online tax pay- ments. The above fees are incur- red by the customer in addition to the Tehama County Treasurer-Tax Collector's other fees and charges. All interested persons are invit- ed to attend and be heard. Infor- mation regarding these services will be available at the Tehama County Tax Collector's Office, 444 Oak Street - Room D, Red bluff, California at least ten days prior to the public hearing, and may also be obtained by con- tacting Beverly Ross, Tehama County Clerk & Recorder, 633 Washington Street, Room 11, Red Bluff, California (530) 527- 3350. Written comments may be delivered at or prior to the pub- lic hearing to the Tehama Coun- ty Clerk of the Board of Supervi- sors Office, 633 Washington St., Room 12, PO Box 250, Red bluff, California, 96080. BEVERLY ROSS, Clerk of the Board of Supervisors PUBLISHED: March 30, 2012 LEGAL NOTICE NOTICE OF TRUSTEE'S SALE TS No. CA-11-485344-TC Order No.: 110570412-CA-GTI YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 6/15/2004. 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 PROCEEDING AGAINST YOU, YOU SHOULD CONTACT A LAWYER. A public auction sale to the highest bid- der for cash, cashier's check drawn on a state or national bank, check drawn by state or federal credit union, or a check drawn by a state or federal sav- ings and loan association, or savings association, or savings bank specified in Section 5102 to the Financial code and author- ized to do business in this state, will be held by duly appointed trustee. The sale will be made, but without covenant or warran- ty, expressed or implied, regard- ing title, possession, or encum- brances, to pay the remaining principal sum of the note(s) se- cured by the Deed of Trust, with interest and late charges there- on, as provided in the note(s), advances, under the terms of the Deed of Trust, interest there- on, 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. BENE- FICIARY MAY ELECT TO BID LESS THAN THE TOTAL AMOUNT DUE. Trustor(s): HALVORSON, AN UNMARRIED WOMAN Recorded: 6/23/2004 as Instrument No. 012931 in Book 2519 Page 034 of Official Records in the office of the Recorder of TEHAMA County, California; Date of Sale: 4/9/2012 at 2:00:00 PM Place of Sale: At the main entrance to the Tehama County Courthouse, 633 Washington St., Red Bluff, CA Amount of unpaid balance and other charges: $141,053.51 The purported prop- erty address is: 805 BRECKENRIDGE ST, RED BLUFF, CA 96080 Assessor's Parcel No. 029-184-021 The undersigned Trustee disclaims any liability for any incorrectness of the property address or other com- mon designation, if any, shown herein. If no street address or other common designation is shown, directions to the loca- tion of the property may be ob- tained by sending a written re- quest to the beneficiary within 10 days of the date of first publi- cation of this Notice of Sale. If the Trustee is unable to convey title for any reason, the success- ful bidder's sole and exclusive remedy shall be the return of monies paid to the Trustee, and the successful bidder shall have no further recourse. 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: Quality Loan Service Corp. 2141 5th Avenue San Diego, CA 92101 619-645-7711 For NON SALE information only Sale Line: 714-573-1965 or Login to: www.priorityposting.com Re- instatement Line: (866) 645-7711 Ext 5318 Quality Loan Service, Corp. If you have previously been discharged through bank- ruptcy, you may have been re- leased of personal liability for this loan in which case this let- ter is intended to exercise the note holders right's against the real property only. THIS NOTICE IS SENT FOR THE PURPOSE OF COLLECTING A DEBT. THIS FIRM IS ATTEMPTING TO COLLECT A DEBT ON BEHALF OF THE HOLD- ER AND OWNER OF THE NOTE. ANY INFORMATION OBTAINED BY OR PROVIDED TO THIS FIRM OR THE CREDITOR WILL BE USED FOR THAT PURPOSE. As required by law, you are hereby notified that a negative credit report re- flecting on your credit record may be submitted to a credit re- port agency if you fail to fulfill the terms of your credit obliga- tions. TS No.: CA-11-485344-TC IDSPub #0022992 3/16/2012 3/23/2012 3/30/2012 CYNTHIA L D NEWSAILY Website: RED BLUFF TEHAMACOUNTY T H E V O I C E O F T E H A M A C O U N T Y S I N C E 1 8 8 5 redbluffdailynews.com E-Mail: advertise@redbluffdailynews.com Trustee Sale No. 21502CA Title Order No. 6242859 NOTICE OF TRUSTEE'S SALE YOU ARE IN DE- FAULT UNDER A DEED OF TRUST DATED 11/28/2006. 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 4/13/2012 at 02:00 PM, MERIDIAN FORECLOSURE SERVICE f/k/a MTDS, INC., A CALIFORNIA CORPORATION DBA MERIDIAN TRUST DEED SERVICE as the duly appointed Trustee under and pursuant to Deed of Trust Recorded 12/08/2006, Book , Page , Instrument 2006024802 of official records in the Office of the Recorder of TEHAMA County, California, executed by: ROWE- NA G HUTCHINSON AN UNMAR- RIED WOMAN as Trustor, MORT- GAGE ELECTRONIC REGISTRA- TION SYSTEMS, INC., AS NOMI- NEE FOR INDYMAC BANK, F.S.B., A FEDERALLY CHARTERED SAV- INGS BANK, as Beneficiary, will sell at public auction sale to the highest bidder for cash, cash- ier'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 feder- al savings and loan association, savings association, or savings bank specified in section 5102 of the Financial Code and author- ized to do business in this state. Sale will be held by the duly ap- pointed trustee as shown below, of all right, title, and interest conveyed to and now held by the trustee in the hereinafter de- scribed property under and pur- suant to the Deed of Trust. The sale will be made, but without convenant or warranty, ex- pressed or implied, regarding ti- tle, possesssion, or encumbran- ces, to pay the remaining princi- pal sum of the notes (s) secured by the Deed of Trust, interest thereon, estimated fees, charg- es and expenses of the Trustee for the total amount (at the time of the initial publication of the Notice of Sale) reasonably esti- mated 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, CA Legal Description: As more fully described in said Deed of Trust Amount of unpaid balance and other charges: $637,581.67 The street address and other common designation of the real property purported as: 16510 HAPPY VALLEY TRAIL , COTTONWOOD, CA 96022 APN Number: 007-590-221 The under- signed Trustee disclaims any li- ability for any incorrectness of the street address and other common designation, if any, shown herein. The property heretofore described is being sold "as is". DATE: 3/20/2012 MERIDIAN FORECLOSURE SERV- ICE f/k/a MTDS, INC., A CALIFOR- NIA CORPORATION DBA MERIDI- AN TRUST DEED SERVICE, As Trustee 3 SAN JOAQUIN PLAZA SUITE 215 NEWPORT BEACH CA 92660 Sales Line: (714) 573-1965 (702) PRIORITYPOSTING.COM JESSE J. FERNANDEZ, PUBLICATION LEAD MERIDIAN FORECLOSURE SERV- ICE IS ASSISTING THE BENEFICIA- RY TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. P932659 3/23, 3/30, 04/06/2012 586-4500 LEGAL NOTICE Trustee Sale No. 11-04532-3 CA Loan No. 0013599170 Title Order No. 1017708 APN 006-230-28 NO- TICE OF TRUSTEE'S SALE YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 6/11/2004. UN- LESS YOU TAKE ACTION TO PRO- TECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEED- INGS AGAINST YOU, YOU SHOULD CONTACT A LAWYER. On 4/9/2012, at 02:00 PM, At the main entrance to the Tehama County Courthouse, 633 Wash- ington St., Red Bluff, CA, Power Default Services, Inc., as the du- ly appointed Trustee, under and pursuant to the power of sale contained in that certain Deed of Trust Recorded on 06/24/2004, as Instrument No. 012964 Book 2519 Page 188 of Official Records in the office of the Recorder of Tehama County, CA , executed by: TERRY A COBB AND WINDI COBB HUSBAND AND WIFE AS JOINT TENANTS, as Trustor, in favor of OPTION ONE MORTGAGE CORPORATION, A CALIFORNIA CORPORATION as Beneficiary, WILL SELL AT PUBLIC AUCTION TO THE HIGHEST BIDDER, in law- ful money of the United States, all payable at the time of sale, that certain property situated in said County, California describ- ing the land therein as: AS MORE FULLY DESCRIBED IN SAID DEED OF TRUST The property hereto- fore described is being sold "as is". The street address and oth- er common designation, if any, of the real property described above is purported to be: 18150 HAYES WAY, COTTONWOOD, CA 96022-9379 The undersigned Trustee disclaims any liability for any incorrectness of the street address and other com- mon designation, if any, shown herein. Said sale will be made without covenant or warranty, express or implied, regarding ti- tle, possession, or encumbran- ces, to pay the remaining unpaid balance of the obligations se- cured by and pursuant to the power of sale contained in that certain Deed of Trust (together with any modifications thereto). The total amount of the unpaid balance of the obligations se- cured by the property to be sold and reasonable estimated costs, expenses and advances at the time of the initial publication of this Notice of Trustee's Sale is estimated to be $134,787.90 (Es- timated), provided, however, prepayment premiums, accrued interest and advances will in- crease this figure prior to sale. Beneficiary's bid at said sale may include all or part of said amount. In addition to cash, the Trustee will accept a cashier's check drawn on a state or na- tional bank, a check drawn by a state or federal credit union or a check drawn by a state or feder- al savings and loan association, savings association or savings bank specified in Section 5102 of the California Financial Code and authorized to do business in California, or other such funds as may be acceptable to the trustee. In the event tender oth- er than cash is accepted, the Trustee may withhold the issu- ance of the Trustee's Deed Upon Sale until funds become availa- ble to the payee or endorsee as a matter of right. The property ff d f l l d ll offered for sale excludes all funds held on account by the property receiver, if applicable. DATE: 3/16/2012 POWER DE- FAULT SERVICES, INC., Trustee By: Fidelity National Title Com- pany, its agent 135 Main Street, Suite 1900, San Francisco , CA 94105, 415-247-2450 By: Mariah Booker, Authorized Signature SALE INFORMATION CAN BE OB- TAINED ON LINE AT www.priorityposting.com AUTO- MATED SALES INFORMATION PLEASE CALL 714-573-1965 P930459 3/16, 3/23, 03/30/2012 gp p y LEGAL NOTICE NOTICE OF TRUSTEE'S SALE TS No. CA-11-476998-LL Order No.: 996744 YOU ARE IN DEFAULT UN- DER A DEED OF TRUST DATED 7/5/2007. UNLESS YOU TAKE AC- TION TO PROTECT YOUR PROP- ERTY, IT MAY BE SOLD AT A PUB- LIC SALE. IF YOU NEED AN EX- PLANATION OF THE NATURE OF THE PROCEEDING AGAINST YOU, YOU SHOULD CONTACT A LAW- YER. A public auction sale to the highest bidder for cash, cash- ier's check drawn on a state or national bank, check drawn by state or federal credit union, or a check drawn by a state or fed- eral savings and loan associa- tion, or savings association, or savings bank specified in Sec- tion 5102 to the Financial code and authorized to do business in this state, will be held by duly appointed trustee. The sale will be made, but without covenant or warranty, expressed or im- plied, regarding title, posses- sion, or encumbrances, to pay the remaining principal sum of the note(s) secured by the Deed of Trust, with interest and late charges thereon, as provided in the note(s), advances, under the terms of the Deed of Trust, inter- est thereon, 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. BENEFICIARY MAY ELECT TO BID LESS THAN THE TOTAL AMOUNT DUE. Trustor(s): LESLIE JACKSON, A MARRIED WOMAN AS HER SOLE AND SEPARATE PROPERTY Recorded: 7/10/2007 as Instrument No. 2007012545 of Official Records in the office of the Recorder of TEHAMA County, California; Date of Sale: 4/13/2012 at 2:00:00 PM Place of Sale: At the main entrance to the Tehama County Courthouse, 633 Washington St., Red Bluff, CA Amount of unpaid balance and other charges: $218,459.47 The purported property address is: 25211 4TH AVE, LOS MOLINOS, CA 96055 Assessor's Parcel No. 047-170-161 The undersigned Trustee disclaims any liability for any incorrectness of the property address or other com- mon designation, if any, shown herein. If no street address or other common designation is shown, directions to the loca- tion of the property may be ob- tained by sending a written re- quest to the beneficiary within 10 days of the date of first publi- cation of this Notice of Sale. If the Trustee is unable to convey title for any reason, the success- ful bidder's sole and exclusive remedy shall be the return of monies paid to the Trustee, and the successful bidder shall have no further recourse. 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: Quality Loan Service Corp. 2141 5th Avenue San Diego, CA 92101 619-645-7711 For NON SALE information only Sale Line: 714-573-1965 or Login to: www.priorityposting.com Re- instatement Line: (866) 645-7711 Ext 5318 Quality Loan Service, Corp. If you have previously been discharged through bank- ruptcy, you may have been re- leased of personal liability for this loan in which case this let- ter is intended to exercise the note holders right's against the real property only. THIS NOTICE IS SENT FOR THE PURPOSE OF COLLECTING A DEBT. THIS FIRM IS ATTEMPTING TO COLLECT A DEBT ON BEHALF OF THE HOLD- ER AND OWNER OF THE NOTE. ANY INFORMATION OBTAINED BY OR PROVIDED TO THIS FIRM OR THE CREDITOR WILL BE USED FOR THAT PURPOSE. As required by law, you are hereby notified that a negative credit report re- flecting on your credit record may be submitted to a credit re- port agency if you fail to fulfill the terms of your credit obliga- tions. TS No.: CA-11-476998-LL IDSPub #0024281 3/23/2012 3/30/2012 4/6/2012 home-delivered subscription to Convert your Daily News PAY No more checks to write, stamps to buy, trips to the Daily News office to pay your paper bill, or big payments in advance to get a lower rate Now you can …. SAVE over 17% compared to the regular subscription price! with a painless charge every 13 weeks to your Visa or Mastercard. 13 weeks Home Delivery – only $ Other time increments available also at discounted rates. 530 527-2151 Or use our new online Subscription Concierge service: www.redbluffdailynews.com Click on Subscription Services, upper right on the home page. 24! For more information or to convert or extend your subscription, call