OCR Text |
Show has not been made ot: payment of the unpaid principal balance due December 5, 1987, $99,308.94 plus interest, costs, taxes and expenses. By reason of such default, Beneficiary under such deed has executed ex-ecuted and delivered to said Trustee a written declaration of default and demand de-mand for sale, and has deposited with said Trustee such deed and all documents docu-ments evidencing obligations secured thereby and has declared and does hereby declare all sums secured thereby immediately due and payable and has elected and does hereby elect to cause the trust property to be sold. DATED: November 15, 1990 FIRST AMERICAN TITLE COMPANY OF UTAH i Substitute Trustee By David J. Stuczynsk Its: Vice President and Counsel Entry No. 908801, Book 1382, Page 267, Card: Dean Page, Davis County Recorder 1990 Nov. 19, 4:26 PM fee 7:00 dep. Received for First American Title Co. of Utah. STATE OF UTAH ss COUNTY OF SALT LAKE On the 15th day of November, 1990, personally appeared before me DAVID J. STUCZYNSKI, who is the Vice President and Counsel of FIRST AMER IC AN TITLE COMPANY OF UTAH, that the within and foregoing instrument was signed in behalf of said corporation by authority of a resolution of its Board of Directors; that he has read the above and foregoing forego-ing instrument, knows the contents thereof and that the same is true of his own knowledge, excepting as to matters therein alleged upon information informa-tion and belief, and as to those matters he believes them to be true. TAMI D. AUSTIN Residing at Salt Lake City, Utah My Commission Expires: April 4, 1993 Published in the Davis County Clipper First publication April 27, 1990 Last publication Dec. 11, 1990 Issue No. 49 C-714 NOTICE OF DEFAULT NOTICE IS HEREBY GIVEN: That FIRST AMERICAN TITLE COMPANY COM-PANY OF UTAH, is the Substitute Trustee under a deed of trust dated December 5, 1984, executed by T & J RANCH, as Trustor, to secure certain obligations in favor of FEDERAL DEPOSIT DE-POSIT INSURANCE CORPORATION CORPORA-TION as receiver for THE CITIZENS BANK, as Beneficiary, recorded December 5, 1984, as Entry No. 689265 in Book 1015, at Page 449 of Official Records, in the office of the County Recorder of Davis County, Utah, describing land therein as; Beginning at a point South ( degrees 03 '27" East 735 feet from the Northeast Comer of Section 7, Township 1 North, Range 1 East, Salt Lake Meridian; Meri-dian; and running thence South 0 degrees 03'27v' East 600.37 feet; thence North 89 decrees 5907" West 798.778 feet; thence North 0 degrees 03 '27" West 600.37 feet; thence South 89 degrees 56'33" East 798.778 feet to the point of teginning. said obligations including a note foi the principal sum of $107,250.00; A breach of, and default in' the obligations for which such deed is security has occurred in that payment |