Issue link: https://www.epageflip.net/i/74219
Friday, July 13, 2012 – Daily News Stocks slide on for 6th straight day NEW YORK (AP) — U.S. stocks slid for a sixth day Thursday as concern spread that weaker global economic growth and the Euro- pean debt crisis will hurt U.S. corporate earnings. The Dow Jones indus- trial average and Standard & Poor's 500 index had their longest losing streaks since mid-May. Billionaire investment guru Warren Buffett set a gloomy tone before the market opened, telling CNBC that weak demand is hurting his retail, jewelry, carpet and other businesses. He said business in Europe has dropped off quickly in the past two months. Other companies appear to be struggling as well. Aluminum maker Alcoa, which kicked off the second-quarter earnings season on Monday, reported very weak revenue because of the faltering global economy. Fastenal, a U.S. industrial distributor, reported revenue Thursday that was weaker than analysts were expecting. Hotel operator Marriott and Progressive, an insurance company, both plunged after reporting weak financial results. Traders also sweated about Europe's debt crisis and new Chinese economic data due out Friday. The Dow fell as much as 112 points in early trading. It recovered to turn briefly positive in the afternoon before closing with a loss of 31.26 points, or 0.3 percent, at 12,573.27. Dow component 3M fell $1.44, or 2 percent, to $86.41. Demand for the manufacturing conglomerate's products would weaken if the global economy faltered. The S&P 500 fell 6.69 points, or 0.5 percent, at 1,334.76. The Nas- daq composite index fell 21.79, or 0.8 percent, to 2,866.19. Supermarket operator Supervalu plunged by nearly half after the company reported a sharp drop in net income late Tuesday and sus- pended its dividend. Supervalu, which owns Albertsons, Jewel-Osco and Save-A-Lot, lost $2.60 to close at $2.69. Supervalu's losses dragged on rival grocery chain Safeway, which fell $2.25, or 13 percent, to $15.73. Safeway's was the biggest percent- age decline in the S&P 500 index. The weak corporate results will likely prompt analysts to lower their quarterly earnings forecasts for the entire S&P 500, said John Fox, co- manager of the FAM Value Fund, which specializes in small and medi- um-sized companies. ''There will be more disappointments than surprises,'' Fox said. ''It's a global world, and many of the small companies we invest in do busi- ness all over the world,'' he said, adding that his firm already is using estimates that are below Wall Street's consensus. Fox said Buffett sounded far more negative than he has over the past year. At Berkshire's last annual meeting, which Fox attended, Buffett declared that all but a handful of the conglomerate's companies were doing better. ''The tone of his comments has definitely changed, which I think is a fair reflection of the environment,'' Fox said. In Europe, Spain's borrowing costs crept higher, a sign that investors fear the country might default. Spain's neighbors are rescuing the coun- try's banks, but the government itself was not bailed out and bond investors are not satisfied. Spain's main stock index closed down 2.6 percent. Greece continues to struggle. Its government said unemployment there continues to rise and hit 22.5 percent in April. OF TRUSTEE'S SALE Quality Loan Service Corporation TS No. CA- 12-502610-AL Order No.: 1132932 YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 6/18/2004. 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 bidder 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 savings and loan association, or savings as- sociation, or savings bank speci- fied in Section 5102 to the Finan- cial code and authorized to do business in this state, will be held by duly appointed trustee. The sale will be made, but with- out covenant or warranty, ex- pressed or implied, regarding ti- tle, possession, or encumbran- ces, to pay the remaining princi- pal sum of the note(s) secured by the Deed of Trust, with inter- est and late charges thereon, as provided in the note(s), advan- ces, under the terms of the Deed of Trust, interest 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): EDWIN EDEBIRI, A MARRIED MAN Recorded: 7/2/2004 as Instrument No. 013743 in Book 2525 Page 535 of Official Records in the office of the Recorder of TEHAMA County, California; Date of Sale: 8/3/2012 at 2:00:00 PM Place of Sale: At the main entrance to the Tehama County Courthouse, 633 Washington St., Red Bluff, CA 96080 Amount of unpaid balance and other charges: $324,395.75 The purported property address is: 22390 GYLE ROAD, GERBER, CA 96035-9662 Assessor's Parcel No. 063-230-23-1 NOTICE TO POTEN- TIAL BIDDERS: If you are consid- ering bidding on this property lien, you should understand that there are risks involved in bid- ding 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 li f Tehama Country Real Estate WESTERN REAL ESTATE Commercial Properties For Sale: MINCH PROPERTY MANAGEMENT 760 Main St. • 530-527-5514 • 455 S. Main St. SALE PENDING . . . . . . . . . . . 2.67 Acres • 840 Main St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,400 sq/ft • 1870 Montgomery (Industrial) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Acres • 13545 Saint Marys Ave. (Or lease) . . . . . . . . . . 40,000 sq/ft Commercial Properties For Lease: • 731-741 Main St. ( Upstairs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . various size suites • 955 Main St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,995 sq/ft • Medical Suite available in St. E campus area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000 sq/ft • 1156 Monroe St. ( Roll-up Doors) (Or Sale) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,580 sq/ft • 562 Antelope Blvd. (residence & office) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,200 sq/ft • 726 Pine Street (warehouse with office) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,250 sq/ft h hi h bid lien. If you are the highest bid- der at the auction, you are or may be responsible for paying off all liens senior to the lien be- ing auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priori- ty, and size of outstanding liens that may exist on this property by contacting the county re- corder's office or a title insur- ance company, either of which may charge you a fee for this in- formation. If you consult either of these resources, you should be aware that the same lender may hold more than one mort- gage or deed of trust on the property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be post- poned 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 in- formation about trustee sale postponements be made availa- ble 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 714-573-1965 for infor- mation regarding the trustee's sale or visit this Internet Web site http://www.qualityloan.com , using the file number assigned to this foreclosure by the Trust- ee: CA-12-502610-AL . Informa- tion about postponements that are very short in duration or that occur close in time to the scheduled sale may not immedi- ately be reflected in the tele- phone information or on the In- ternet Web site. The best way to verify postponement informa- tion is to attend the scheduled sale. The undersigned Trustee disclaims any liability for any in- correctness of the property ad- dress or other common designa- tion, if any, shown herein. If no street address or other common designation is shown, directions to the location of the property may be obtained by sending a written request to the beneficia- ry within 10 days of the date of first publication of this Notice of Sale. If the Trustee is unable to convey title for any reason, the successful bidder's sole and ex- clusive remedy shall be the re- turn of monies paid to the Trust- ee, and the successful bidder shall have no further recourse. If the sale is set aside for any rea- son, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Pur- chaser shall have no further re- ih yj 5B Legal Notices Legal Notices Legal Notices Legal Notices Legal Notices Legal Notices LEGAL NOTICE course against the Mortgagor, the Mortgagee, or the Mortgagee's Attorney. Date: Quality Loan Service Corpora- tion 2141 5th Avenue San Diego, CA 92101 619-645-7711 For NON SALE information only Sale Line: 714-573-1965 Or Login to: http://www.qualityloan.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-12-502610-AL IDSPub #0031693 7/13/2012 7/20/2012 7/27/2012 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 E-Mail: classified@redbluffdailynews.com This Week Wilcox area, 1452 sq. ft. 3 bed 2 bath on 1.08 acres. $186,000 1945 sq.ft. 3 bed, 2 bath home with in ground pool and studio attached with bath.........................$114,900 20 acres of Olives with barn, shop and home .......................................................$375,000 Office building 800 sq. ft. 3 private offices and private parking area................................$72,500 160 acres with water and cabin...............................................................................$155,000 160 acres with cabin................................................................................................$220,000 1867 sq. ft. 3 bed 2 bath on 1.5 acres in the Bend..................................................$225,000 1411 sq. ft. 3 bed 2 bath............................................................................................$89,900 1456 sq. ft. 3 bed 2 bath home on 9.8 acres...........................................................$149,900 1128 sq. ft. 2 bed 1 bath on 0.90 acres with city services.........................................$46,900 Robert Thayer, Owner / Realtor 1704 Solano St. Corning Ca, 96021 Cell (530) 515-3367 Email rthayer@remax.net License # 01486553 RE/MAX American Dream Spectacular Ranchette NEW TO THE MARKET. 2,735 +/- sf - 3 bedroom, 3 bath home w/an office located on 1.8 acres in the Dairyville area. Large attached garage, several outbuildings and property is nicely shaded. Asking...................................................................$219,000 660 Main St., Red Bluff (530)529-2300 www.gipsonrealty.com Home for sale by owner 530-200-0200 912 Lincoln St. Completely rebuilt this year. Virtually everything is brand new. http://redding.craigslist.org/reo/3088228898.html OPEN HOUSE THIS WEEKEND SATURDAY 9-12 & SUNDAY 11-2 Please see Craigslist for more pictures. GIPSON REALTY INC. Lic#01806926 Ben Gipson, Broker.........................Res. 527-4031 Kim Miller, Realtor® Ken Davis, Realtor® ..................................840-0733 .................................209-9059 4 bedrooms 2 baths on 10 acres of irrigated pasture with a small barn in the Bend. Irrigated by the Bend Water District (CHEAP WATER). Property is also splittable into two 5 acres parcels. Rustic charm with solid wood floors, stainless appliances, granite counters, open floor plan, accented ceilings. This house has the old ranch charm with all the new amenities located on one of the nicest pieces of property in Tehama County. Call for details. Jared Chaffin (Lic#: 01460126) 530-518-8275 jaredchaffin@hotmail.com North State Realty (NSRE) 2515 Park Marina Drive#102 Redding California 96003 (530) 518-8275 (office) GREAT CORNER LOCATION. Locally owned and operated for over 26yrs. This copy center & print shop is in downtown Red Bluff. Great repeat clientele. Includes a 2,596+/- sf building with 2 rental units, lots of public and some private parking. With full price offer will sellers will include a cabin in Mineral.....$850,000 PRICE REDUCED. Spacious 2 bedroom, 2 bath home w/attached garage on a corner lot. Located in Los Molinos, within walking distance to schools, shopping, bank and post office........................................................................................$55,000 COUNTRY BUT CLOSE TO TOWN. Immaculate one owner 1,800 sf – 3 bedroom, 2 bath mfg home on perm foundation. 3 car garage, 2 covered porches, 1/2 acre of lovely landscaping, fruit trees and a garden area..............................................$179,000 643 ACRES WEST OF RED BLUFF. This amazing ranch includes multiple water supplies, 3 holding tanks, sulfur spring irrigation, solar power, 2 homes, bunk house and a 1,600sf 2- story garage, large old barn, perimeter fencing. Lots of wildlife and amazing views. Asking...............................................$875,000 MINERAL CABIN. Nice 3 bedroom, 1 bath cabin located on a large lot with access from 2 paved streets. Woodstove and central heating, storage area for your tools and sleds. Nice big back deck to relax on and enjoy life to the fullest. Close to Mt. Lassen hiking and Lake Almanor.....................................$142,000 LOTS, PARCELS AND ACREAGE 5 acres, Antelope Area, oak trees, paved road 2 sides.........$70,000 38+ acres in gated area. Rolling/steep, oaks/pines............$39,000 232 acres, recreational property, west of town.....................$87,000 1.2 acres, west of town, pad cut, paved road, power close. OWC..........................................................................$45,000 1 ac river front located in Surrey Village...........................$265,000 COMMERCIAL 1 Commercial acre, North Main Street, easy I-5 access.................................................$89,000 MLS