Notice of Trustees Sale

NOTICE OF TRUSTEE\'S SALE

The following described property will be sold at public auction to the highest bidder on March 19, 2012 at 2:45 p.m. at the Main Entrance to the CACHE County Courthouse, 135 North 100 West, #6, Logan, UT 84321, in the County of CACHE by BRYAN W. CANNON, as Successor Trustee, and MTGLQ Investors, L.P., current Beneficiary, under the Deed of Trust dated December 28, 2006, made by ADAN CLAVEL AND YOLANDA MUNGUIA, as Trustor recorded December 29, 2006 as Entry No. 933904 in Book 1442 at page 1228 of official records of CACHE county, given to secure indebtedness in favor of MTGLQ Investors, L.P. by reason of certain obligations secured thereby.

Notice of Default was recorded December 12, 2011 as Entry No. 1003566 of said official records.

Trustee will sell at public auction to the highest bidder payable in lawful money of the United States, without warranty as to title, possession or encumbrances. Bidders must be prepared to tender the purchase price in the amount bid within 24 hours of the sale by cashiers check.

The address of the property is purported to be 69 West 400 South, Hyrum, UT 84319 more particularly described as follows:

PART OF LOT 1, GLEN PETERSEN MINOR SUBDIVISION, AS SHOWN BY THE OFFICIAL PLAT THEREOF RECORDED SEPTEMBER 13, 2005 AS FILING NO. 899614 IN THE OFFICE OF THE RECORDER OF CACHE COUNTY, UTAH, DESCRIBED AS FOLLOWS:

COMMENCING AT THE NORTHWEST CORNER OF LOT 5, BLOCK 7, PLAT B OF J.G. WILSON\'S ANNEX TO HYRUM CITY AND RUNNING THENCE SOUTH 88 DEGREES 18\' 03\" EAST 135.33 FEET TO A REBAR WITH GIBBONS CAP AND THE TRUE POINT OF BEGINNING AND RUNNING THENCE SOUTH 00 DEGREES 01\' 14\" WEST 108.76 FEET TO A REBAR WITH GIBBONS CAP; THENCE SOUTH 87 DEGREES 34\' 37\" EAST 17.87 FEET TO A REBAR WITH GIBBONS CAP; THENCE SOUTH 02 DEGREES 06\" 42\" WEST 22.50 FEET TO A REBAR WITH GIBBONS CAP; THENCE SOUTH 02 DEGREES 21\' 18\" WEST 23 FEET, MORE OR LESS TO A POINT 151.5 FEET SOUTH 01 DEGREES 41\' 57\" WEST OF THE SOUTH LINE OF 400 SOUTH STREET; THENCE SOUTH 88 DEGREES 18\' 03\" EAST 85 FEET MORE OR LESS TO A POINT 151.5 FEET SOUTH 01 DEGREES 41\' 57\" WEST OF A POINT 105.76 FEET SOUTH 88 DEGREES 18\' 03\" EAST; OF THE POINT OF BEGINNING; THENCE NORTH 01 DEGREES 41\' 57\" EAST 151.5 FEET; THENCE NORTH 88 DEGREES 18\' 03\" WEST 105.76 FEET TO THE POINT OF BEGINNING

The undersigned disclaims liability for any error in the address. The record owner(s) of the property as of the recording of the Notice of Default are Adan Clavel and Yolanda Munguia.

This sale is for the purpose of paying obligations secured by said Deed of Trust including fees, charges and expenses of Trustee, advances, if any, under the terms of said Deed of Trust, interest thereon and the unpaid principal of the note secured by said Deed of Trust with interest thereon as in said note and by law provided.

Bidders must tender to the trustee a $5,000.00 deposit at the sale and the balance of the purchase price by 12:00 noon the day following the sale. The deposit must be in the form of a bank or credit union cashier\'s check or bank official check payable to Cannon Law Associates. The balance must be in the form of a wire transfer, bank or credit union cashier\'s check, bank official check or U.S. Postal money order payable to Bryan W. Cannon and Associates. Cash payments are not accepted. A trustee\'s deed will be delivered to the successful bidder within three business days after receipt of the amount bid.

DATED this 15th day of February, 2012.

BRYAN W. CANNON
8619 South Sandy Parkway
Building A, Suite 111
Sandy, Utah 84070
www.cannonfirm.com
Office Hours: M-F 8am-5pm
Phone: 801-255-7475
Cannon File # 90020217

Publication dates: February 17, 24 and March 2, 2012


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