serving 2017-06-27 through 2017-07-11
Notice of Trustee's Sale The following property will be sold at public auction to the highest bidder without warranty, at the main entrance of the Summit County District Court, 6300 Justice Center Road, Park City Utah, on 7/27/17 at 03:00 PM, for the purpose of foreclosing a Trust Deed executed by Gonzalo Olivas and Gloria Olivas, as Trustors, in favor of Universal Mortgage Corporation, recorded on 11/7/97, as Entry # 00491865, covering real property purportedly known as 6905 North 2200 West #7D, Park City, UT 84098, and more particularly described as: Unit No. D, Building 7, contained within the POWDER WOOD AT LANDMARK, as the same is identified in the Record of Survey Map recorded in Summit County, Utah as Entry No. 209823, as modified by Ordinance No. 143, dated June 26, 1984, recorded June 28, 1984, as Entry No. 222012, in Book 304 at Page 177, and by Ordinance 144, dated June 26, 1984, recorded June 28, 1984, as Entry No. 222013, in Book 304, at Page 179, Summit County Recorder's Office and in the Declaration of Covenants, Conditions and Restrictions and Bylaws of the POWDER WOOD AT LANDMARK, recorded in Summit County, Utah, on August 16, 1983, as Entry No. 209624, in Book 269, at Page 692, and in the Amended Declaration of Covenants, Conditions, Restrictions and Bylaws of the POWDER WOOD AT LANDMARK, recorded in Summit County, Utah on June 28, 1984, as Entry No. 222015, in Book 304, at Page 184, and in the First Amendment to Condominium Declaration recorded September 10, 1984, as Entry No. 224934, in Book 313 at Page 829, and in the Second Amendment to Condominium Declaration recorded December 26, 1984, as Entry No. 228618, in Book 325 at Page 35, and in the Third Amendment to Condominium Declaration recorded September 21 1988, as Entry No. 297377, in Book 493 at Page 772, and in the Fourth Amendment to Condominium Declaration recorded November 9, 1988, as Entry No. 299845, in Book 500 at Page 72, of the Official Records. Together with: (a) The undivided ownership interest in said Condominium Project's Common Areas and Facilities which is appurtenant to said unit, (the referenced Declaration of Condominium providing for periodic alteration both in the magnitude of said undivided ownership interest and in the composition of the Common Areas and Facilities to which said interest relates); {b) The exclusive right to use and enjoy each of the limited Common Areas which is appurtenant to said Unit, and (c) the non exclusive right to use and enjoy the Common Areas and Facilities included in said Condominium Project (as said Project may hereafter be expanded) in accordance with the aforesaid Declaration and Survey Map (as said Declaration and Map may hereafter be amended or supplemented) and the Utah Condominium Ownership Act. SAID PROPERTY IS MORE CORRECTLY DESCIBED AS FOLLOWS (CORRECTS RECORDING NUMBER OF RECORD OF SURVEY MAP): Unit No. D, Building 7, contained within the POWDER WOOD AT LANDMARK, as the same is identified in the Record of Survey Map recorded in Summit County, Utah as Entry No. 209623, as modified by Ordinance No. 143, dated June 26, 1984, recorded June 28, 1984, as Entry No. 222012, in Book 304 at Page 177, and by Ordinance 144, dated June 26, 1984, recorded June 28, 1984, as Entry No. 222013, in Book 304, at Page 179, Summit County Recorder's Office and in the Declaration of Covenants, Conditions and Restrictions and Bylaws of the POWDER WOOD AT LANDMARK, recorded in Summit County, Utah, on August 16, 1983, as Entry No. 209624, in Book 269, at Page 692, and in the Amended Declaration of Covenants, Conditions, Restrictions and Bylaws of the POWDER WOOD AT LANDMARK, recorded in Summit County, Utah on June 28, 1984, as Entry No. 222015, in Book 304, at Page 184, and in the First Amendment to Condominium Declaration recorded September 10, 1984, as Entry No. 224934, in Book 313 at Page 829, and in the Second Amendment to Condominium Declaration recorded December 26, 1984, as Entry No. 228618, in Book 325 at Page 35, and in the Third Amendment to Condominium Declaration recorded September 21 1988, as Entry No. 297377, in Book 493 at Page 772, and in the Fourth Amendment to Condominium Declaration recorded November 9, 1988, as Entry No. 299845, in Book 500 at Page 72, of the Official Records. Together with: (a) The undivided ownership interest in said Condominium Project's Common Areas and Facilities which is appurtenant to said unit, (the referenced Declaration of Condominium providing for periodic alteration both in the magnitude of said undivided ownership interest and in the composition of the Common Areas and Facilities to which said interest relates); {b) The exclusive right to use and enjoy each of the limited Common Areas which is appurtenant to said Unit, and (c) the non exclusive right to use and enjoy the Common Areas and Facilities included in said Condominium Project (as said Project may hereafter be expanded) in accordance with the aforesaid Declaration and Survey Map (as said Declaration and Map may hereafter be amended or supplemented) and the Utah Condominium Ownership Act. TAX # PWL-7-D. Federal National Mortgage Association ("Fannie Mae") is the current Beneficiary of the Trust Deed. Record owners of the property as of the recording of the Notice of Default are reported to be Gonzalo Olivas and Gloria Olivas. A $20,000.00 deposit in the form of a bank or credit union cashier's check or a bank official check, payable to Halliday, Watkins & Mann, P.C., is required to bid. A successful bidder who fails to tender the full purchase price will forfeit the entire deposit. The successful bidder must tender the deposit at the sale and the balance of the purchase price by 12:00 noon the following business day. The balance must be in the form of a wire transfer, bank or credit union's cashier's check, or bank official check payable to Halliday, Watkins & Mann, P.C. A bank or credit union cashier's check must be pre-printed and clearly state that it is a cashier's check. A bank official check must be pre-printed and clearly state that it is an official check. Cash payments are not accepted. A trustee's deed will be delivered to the successful bidder within five business days after receipt of the amount bid. Successor Trustee disclaims liability for any error in the street address shown herein. Successor Trustee may void sale due to any unknown facts at time of sale that would cause the cancellation of the sale. If sale is voided, Successor Trustee shall return funds to bidder, and the Successor Trustee and Beneficiary shall not be liable to bidder for any damages. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Beneficiary, Trustor, Successor Trustee or the Successor Trustee's attorney. This is an attempt to foreclose a security instrument and any information obtained will be used for that purpose. Dated: 6/26/17. Armand J. Howell, Successor Trustee, 376 E 400 S, Ste 300, SLC, UT 84111, PH 801-355-2886, Office Hours: M-F: 8am 5pm, H/W # 48890 1159778 UPAXLP