The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-01-07

TRUSTEES sALE.-wHEREAs. on
June 21st, 1892, William GroeSbeck and
Eleanor P. Groesbeck, his wife. duly exc
cuted and delivered to H. B. Scott their
certain promissory note in writing bearing
that date wherein and whereby for value
received they jointly and severally prom
tSed to pay two years after said date TO
the order of said Scott twenty-five hundred
t$2,500) dollars in u. S. gold coin of the
present weight and f1neness with inter-
est thereon from date until maturity at
the rate Of 10 per cent per annun. sucn
interest payable quarterly, rs per eight
coupon notes attached to said principal
note. each in the sum of $62. so, and num-
bered respectively from one to eight in
elusive, representing interest on said pr1n-
cipal. both principal and interest notes
being payable at the Office of said Scott
in Burlington, Iowa. to bear interest from
maturity until paid at the rate OF L per
cent per annum; said principal note pro-
v1ding that in case of non-payment of the
interest. when due the whole sum of prin-
clpal and interest should become due and
collectable at the holders option; and
Whereas, to secure the payment of said
principal and interest notes said William
and Eleanor P. Groesbeck duly executed
and delivered to the undersigned trustee a
certain deed of trust in writing bearing that
date OF the property hereinafter described
1877. and is of record in Book 8 L of Mort
cages, at page 127 and Us, Salt Lake coun-
~. Utah, records, reference to which is
Whereas in said trust deed said William
and Eleanor p Groesbeck covenanted to
pay said notes according to the tenor and
ments upon the real estate hereinafter
described within the times required by law;
and said trust deed further provided that
should said William and Eleanor P. GroeS-
beck fail or neglect to pay said taxes and
assessments when same become, by law,
due and payable, then that said Scott
might pay said taxes or assessments and
the amount so paid together with interest
thereon at the rate of l per cent per
month should be taken and considered as
part OF the amount secured by said trust
deed and should be paid out of the pro-
ceedS of any sale made under said trust
deed by the undersigned trustee; said
was made in the payment of said notes
or any part thereof. or interest thereon
that might accrue or any part thereof as
same became due and payable, or in case
of breach of any of the covenants con-
tanned in said trust deed, then that the
undersigned trustee might proceed to sell
SAID property or any part thereof at pub
lie vendue to the highest bidder for cash,
either party to said deed being at liberty
to become purchaser at said sale,) at the
front door of the Salt Lake county court
house in Salt Lake City, Utah. after first
giving twenty days public notice of the
time, terms and place of said sale and the
/ property to be sold in the manner pre-
scribed by said trust deed, and that the
trustee should upon such sale execute and
deliver deed or deeds in fee simple OF
the property sold to the purchaser or
whereas, said William and Eleanor r.
Groesbeck failed and neglected to pay the
city, county and territorial school taxes
levied and assessed upon said property In
/ the years 1902 and 1893 amounting, for SAID
years, to the sum of $44.9S and S4O.2o re-
/ Spectively; and
Whereas, the third party to said trust
deed was compelled to and did pay both
$685. and
Whereas, said William and Eleanor P.
Groesbeck have failed and neglected to
pay the three coupon or interest notes
maturing ma. 5 respectively June 21st' Septem-
$3.50 as aforesaid. or any part of the in
tereSt thereon; and
Whereas, said Scott has, heretofore
sold, endorsed and assigned said note
and trust deed to George Fl. Higbee, who
now owns and holds same; and
Whereas. said George H. Higbee. the
present owner and holder of said note
and trust deed has declared the whole
amount of principal and interest due on
said note now due and payable. and said
Higbee has requested said trustee, the
said property in accordance with and un-
/ der the power of sale contained in said
TRUST deed and the provisions thereof;
! Now, in consideration of the premises,
public notice is given that on January
q. 1894, at u o'clock a. m. of that day at
the south front door OF the salt Lake
county court house, on West Second South
street, in Salt Lake City and county,
! Utah, the undersigned trustee will offer
for sale and proceed to sell and sell to
the highest bidder for cash all of the fol-
lowing described property, conveyed as
aforesaid, or so much thereof as neces-
sary, for the purpose of paying and to
pay the principal note and said three past
due interest notes and interest on all three
of said notes to the day of sale as provid-
ed in said notes together with said SS5.23
taxes paid and interest on same as afore-
said and costs and expenses of sale, at
| torney'S fees, and a reasonable compensa-
ton to said trustee. all as provided by
| said trust deed.
Said property is described as follows:
All of lot in block and all of lots 10
and II in block 8, Five Acre Plat "a, Big
Field Survey, Salt Lake county, Utah, to-
gether with all and any water or water
rights used prior to or at the time of the
making of said trust deed, on or in any
way appertaining to any and all said
property. with the tenements, heredita-
nentS and appurtenaEces.
EDWARD B. WICKS. Trustee.