OCR Text |
Show TRUSTEE'S SALE WHEREAS, ANDREW J. Varney, by his certain deed of trust dated the 7th day ot Febraary, 1890, aud duly recorded-in recorded-in the Recorder's office in the Connty of Salt Lake, in the Territory of Utah, in Book2Lo Mortgages, pages 271, 7 and 373, sold and conveyed to the undersigned, trnstees, the following "described property, towit, situated in the City, and Countjr of Salt Lake, Territory of Utah, being a part of Lot five (5) in Hlock thirty-four (S4) of Plat "A," Sait Lakf City Survey, and bounded as follows: Commencing at the northwest corner of said Lot, i thence South ten (10) rods, thence East seven and one-half (7') rods, theuce North ten (10) rods and thence West seven and one-half (71',) rods to said place of commencement; in trust for the purpose i of securing the payment of three certain negotiable negoti-able promissory notes made by said Varnev, being be-ing for the sum of seven thousand ($7,000) dot- J lars each, dated at said Salt Lake City,. February j 7th, 18W0, and payable two, three and four vears repectively alter said date to the order of John G. Longman, 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 ten per cent per annum, and it the j iuterest be not paid annually it ' shall be-i come as principal and bear the snme rate of interest, the said interest however, to be due and payable annnnlly, and which said notes are particularly described in said .deed of trust ; and whereas, according to the terms and conditions of said notes and said deed of trust. one of said notes is due and no part thereof has been paid; and whereas, it as and is provided in said dced of trust that should default be made ' in the payment of any one of said notes or the interest in-terest that may accrue therei n as provided therein, all of said notes would then become due and at the request of the holder of said notes said undersigned, trustees, should proceed to sell said property or so much thereof as may be uecessary, at public auction to the highest bidder for cash, for the purpose of paying said notes, and fulMll-ine fulMll-ine and discharging trie duties and obligations of said trust; ana whereas, the legal owner and holder cf said promissory notes has requested the said undersigned, trustees, to proceed to sell said property, under and according to the terms and provisions of said deed of trust and to discharge dis-charge the duties and obligations thereof; Now, therefcre, we the undesigned, trustees aforesaid, at the request of the said local owner, and holder of said promissory notes, will, in accordance ac-cordance with the terms and conditions of said d?ed of trst on Monday the 8th day of August, li-. irftne City of Salt Lake aforesaid, at the north front door of the City Hall of Salt Lake City, Ctah Territory, at twelve o'clock, noon, of that day, sell at public auction to the highest bidder bid-der for cah,,said property or so much thereof as may be necessary to pay said notes and interest and to satisfy the.same and discharge the -duties, imposed on us by said deed of trnst. ,' WM. C. HALt, M. B. SWLES ' "'Trustees, ' DstecUt an4ULe,CJts 1892.. ' . v '. ' |