OCR Text |
Show TRUSTEE'S BALE. WHERE AS, ANDREW J. Yarney, by his certain deed-ot trut, dated the 7ih day of kebruary, lWKJ, and duly recorded in the recorder's office in the courty of Salt Lake, In the territory of Ctah, in book 2 hoi mortgagee, pages 271, i 72 and 273, sold ar.d conveyed to the undersigned trustors the following" described property, to w it, situated in the city ai:d county of Salt l,ke, territory of Utah, being a part of lot five (5) in block ttiirry-fotir of p'at A, Salt j Lake City survey, and bounded as follows: Com- I mencing at the tiorthweet corner of aid iot, thence nouth ten (10) rods, thence east eeve and ! one-half (7V4) rods, thence north lea (.10) rods and thence west eeven and one-httlf rods to nl4 place of commencement; in trust for the purpose of pecurin the payment of three certain negotiable negoti-able pr.imiMry notes made by said Yarney, Doing Do-ing for the sum of seven thousand dollars ($7000) euch. dated at taid Salt Lake City, February 7, 18.W, and payable two, three and four years re.-pectively afttr said date to the order of John U. tiougdon for value received, without defalcation defalca-tion or discount, at the Union National bank of Salt Lake City, with interest from date until paid, at the rate of 10 per cent per annum, and if tha interest be not p.iid annually It shall become as principal and bear the name rate of interest, the said interest, however, to be due and payable annually, and which taid notes are particularly described in said deed of trust; and whereas, according to the terms and conditions of said notes and said deed of truKt, one of said notes is dno and no part thereof has ben pcid; and whereas, it was and is provid' d in said ceed of trnxt that elu uld default be made in the payment of acy one of snl not s rr the interest in-terest that may accrue thereon as provided therein, there-in, all of said notes would then become due, and at the request of the holder of said notes said uu-dersijroed, uu-dersijroed, trustees, phould proceed to sell said property, or so mnch thereof ai may be necessary, at public auction to the highest bidder for canh, for the purpose of paying said note and f alflll-ing alflll-ing and discharging the duties and oblisatinns of faiitruet; and whereas, said John O.Xongdon, the legal owner and holder of said promissory note , has requested the said undersigned, trustees, trus-tees, to proceed to sell said property under and according to the terms and provisions of aid deed of trust and to discharge the duties and obligations obliga-tions thereof: Now, therefore, we, the nnd?reisoed, trustees aforesaid, at the request of the said leal owner, and holder of said promisory notes, will, in accordance ac-cordance with the terms and condition of said rWil nf tm.t nn WMina;1itT. thu Slat riaT of Seiv- tember, 18V2, in the City of Salt Lake aforeaid,at the north front door of the City Hall of S It Lake City, Utah Territory, at twelve o'clock, noon, of that day, sell at public auction to the hiehet bidder bid-der for cash, said property or so mach thereof as may be necessary to pay aid note and interest ana to satiety the same and discharge the duties imposed on us by said deed of trnxt. WM. C. HALL, . M. B. SOWLES. Trustees. Dated at Salt Lake City. Utah, Jnly 13th, ltttcs. |