OCR Text |
Show TRUSTEE'S SALE. WHEREAS, ANDREW J. Varney. by his certa n deed of trust dated the 7th day of February, 189J, and dulv recorded in the Recorder's office in the Countv of Salt Lake, in the Territory of Utah, in Book 3 L of Mortgages, pages. 27t, 272 nnd 273, sold and conveved to the undersigned, trustees, the following "described propertv, towit, situated in the Citv and Countv of Salt Lake, Territory of Utah, being a part of Lot five (5) in Block thirty-fonr (i4 of Plat "A,'' Salt Lake City Snrvey, and bounded as follows: Commencing at the northwest corner of said Lot, thence South ten (Hi) rods, thence East seven and one-half (7'i) rods, thence North ten (10) rods and thence West seven and one-half (?S) rods to said place of commencement; in trust for the purpose of securing the payment of three certain negotiable negoti-able promissory notes made ly said Varney, being be-ing for the sum of seven thousand ($7,000) dollars dol-lars each, dated at said Salt Lake City, February 7th, 1890, and payable two, three and four years respectively after 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 if the interest be not paid annually it shall become be-come as principal and bear the same rate of interest, the said interest however, to ' be due and payable annually, 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 a -id is provided in said deed of trust that should default be ma ie in the payment of any one of said notes or the interest in-terest "that may accrue therern 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 necessnrv, at public auction o the highest bidder for cash, for the purpose of paying said notes, and fn 1 till-in till-in l' and discharging the duties and obligations of said trust; ami whereas, the legal owner and holder of said promissory notes has requested the said undersigned, trustees, to proceed to sell said property, under and according to the terms and provisions of sa'd deed of trust and to discharge dis-charge the duties and obligations thereof; Now, therefore, we the undersigned, trustees aforesaid, at the request of the said legal owner, and holder of said promissory notes, will, in accordance ac-cordance with tho terms and cendiiicni of said deed of trust on Monday the 8th day of August, lt-9i. in tlie City of Salt Lake aforesaid, at the north front door of the City Hall of Salt Lake Citv. Utjih Territory, at twelve o'clock, noon, of that day, sell at public auction to the highest bidder bid-der for'cath, said property or to much th-reof as may be necessary to pay said notes and interest and to satisfy the same and discharge the duties imposed on us 1? said deed of trnat. WSI. C. HAL I , M. B. SOWLEs. Trustees. ' Dated at Salt Lako City, Utah, July 13th, ltt. |