NOTICE OF TRUSTEE’S SALE

The following described property will be sold at public auction to the highest bidder on August 20, 2010 4:00 p.m. at the Main Entrance to the Grand County Courthouse, 125 East Center Street, Moab, Utah 84532, in the County of Grand by BRYAN W. CANNON, as Successor Trustee, and CitiFinancial Mortgage Company Inc., current Beneficiary, under the Deed of Trust dated September 2, 2005, made by FRANK G. FOSSEY AND ROXIE L. FOSSEY, as Trustor recorded September 21, 2005 as Entry No. 468945468945 in Book 06540654 at page 168168 of official records of Grand county, given to secure indebtedness in favor of CitiFinancial Mortgage Company Inc. by reason of certain obligations secured thereby.
Notice of Default was recorded April 10, 2008 as Entry No. 485452485452 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 510 Oliver Street, Moab, Utah 84532 more particularly described as follows:
LOT 5, ROBIN’S NEST SUBDIVISION, ACCORDING TO THE OFFICIAL PLAT THEREOF. 01-MRN-0005
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 Frank G. Fossey and Roxie L. Fossey.
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 Bryan W. Cannon and 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 14th day of July, 2010.
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) 801-255-7475
Cannon File #80020065
Published in The Times-Independent, Moab, Utah July 22 and 29 and August 5, 2010.