October 20 - Pioneer Plaza

L02570676 NOTICE OF TRUSTEE'S SALE The following described property will be sold at public auction to the highest bidder, payable in lawful money of the United States at the time of sale, at the First District Courthouse, 135 North 100 West, Logan, Utah 84321, on October 20, 2009, at 2:30 p.m. of said day, for the purpose of foreclosing a trust deed dated May 12, 2006, and executed by PARKER REAL ESTATE DEVELOPMENT, INC. AND MERRILL PLAZA, L.L.C., as Trustors, in favor of BANK OF UTAH as Beneficiary, which Trust Deed was recorded on May 15, 2006, as Entry No. 916412 , in Book 1406, at Page 30, in the Official Records of Cache County, State of Utah covering real property purportedly located in Logan, Utah 84321 in Cache County, Utah, and more particularly described as: LOT 3, PIONEER PLAZA, PHASE 2, AMENDED, AS SHOWN BY THE OFFICIAL PLAT THEREOF, RECORDED OCTOBER 29, 2002, AS FILING NO. 802691 IN THE OFFICE OF THE RECORDER OF CACHE COUNTY, UTAH. Tax ID: 04-163-0003 The current Beneficiary of the trust deed is BANK OF UTAH, and the record owners of the property as of the recording of the Notice of Default are PARKER REAL ESTATE DEVELOPMENT, INC. AND MERRILL PLAZA, L.L.C.. Bidders must tender to the trustee a $5,000.00 deposit at the sale and the balance of the purchase price by 2:00 p.m. the day following the sale. Both the deposit and the balance must be paid to Lincoln Title Insurance Agency in the form of a wire transfer, cashier's check or certified funds. Cash payments, personal checks or trust checks are not accepted. DATED: September 16, 2009. LINCOLN TITLE INSURANCE AGENCY by: Paula Maughan its: Vice President Telephone: 801-476-0303 website: www.smithknowles.com SK File No. 09-0344