Section 657.540 - Lien on property of defaulting employer; recording; priority; foreclosure(1) If an employer liable for the payment of contributions to the Unemployment Compensation Trust Fund is in default, as provided in ORS 657.515(3), the amount of contributions, interest and penalties due shall be a lien in favor of the Director of the Employment Department upon all property, whether real or personal, belonging to such employer.(2) The lien shall be perfected and attach: (a) To real and personal property located within the county, upon the recording of a warrant, as provided in ORS 657.642, with the clerk of the county in which the property is located.(b) To personal property wherever located within the state, upon:(A) The recording of a warrant, as provided in ORS 657.642, with the clerk of any county; and(B) The filing of a copy of the warrant with the Secretary of State as provided in ORS 657.542.(3) The lien created by this section is prior to all liens and encumbrances recorded subsequent to the filing of notice of claim of lien, except state and county tax liens and labor liens.(4) The lien created by this section may be foreclosed by a suit in the circuit court in the manner provided by law for the foreclosure of other liens on real or personal property. Amended by 1965 c.359 §6; 1991 c.277 §1