§ 34-3-102 — Trustee's sale; generally

Wyoming § 34-3-102

• Jurisdiction: Wyoming
• Title 34: Property, Conveyances and Security Transactions
• Ch. 3: DEEDS OF TRUST

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(a) The trustee in any such deed, except so far as may be
therein otherwise provided, shall, whenever required by any
creditor secured or any surety indemnified by the deed, or the
personal representative of any such creditor or surety, after
the debt due to such creditor, or for which such surety may be
liable, shall have become payable, and default shall have been
made in the payment thereof, or any part thereof, by the
grantor, sell the property conveyed by the deed, or so much
thereof as may be necessary, at public auction, for cash, having
first given notice of such sale as hereinafter prescribed, and
shall apply the proceeds of sale, first to the payment of
expenses attending the execution of the trust, including a
commission to the trustee of five percent (5%) on first three
hundred dollars ($300.00) and two percent (2%) on the residue of
the proceeds, and then, pro rata (or in the order of priority,
if any, prescribed by the deed) to the payment of the debts
secured and the indemnity of the sureties indemnified by the
deed, and shall pay the surplus, if any, to the grantor, his
heirs, personal representatives, or assigns. Every such notice
of such sale shall show the following particulars:
(i) The time and place of sale;
(ii) The names of the parties to the deed under which
it will be made;
(iii) The date of the deed;
(iv) The office and book in which it is recorded;
(v) The quantity and description of the land or other
property, or both, conveyed thereby;
(vi) The names of the persons secured or indemnified
thereby;
(vii) The amount secured and the time when payable;
(viii) The amount of credits, if any, to which the
same is subject;
(ix) The amount of the principal and interest claimed
to be due and unpaid, and for which the sale will be made.