The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-01

sell and Hannah R. PurselI. his wife, by
their certain deed of trust made and exc
SEted BY them on the sixteenth day or
May. 1881. 20 Ford G.. Barclay and John
William Young, then delivered and duly
recorded in the Recorders Office in the
County of Salt Lake and Territory OF
pages 575-6. did grant bargain, convey
and confirm 10 the said Ford @. Barclay
and Jo1n William Young. who are the
parties OF the second part in said deed.
certain property, situate in the County OF
salt Lake and Territory of Utah known
and described as follows. to-wit: The
(s0, plat D. Salt Lake City survey;
which said conveyance was IN trust to
secure the payment OF q certain promis-
sory note in words and figures following.
s1.OOO.Oo.
Salt Lake City, Utah, 18th May, 1891.
Two years after date we promise to pay
70 The Pacific Investment Company or
oearer, One Thousand and nol1o0 Dollars,
Win interest at one per cent. per north
from GATE until paid value received In
tSreSt payable quarter-annually. Pay
able at the Office of The Pacific Invest
ment Company, Salt Lake City. Utah.
JOHN N. PURsELL.
HANNAH r. PURSELL-
And whereas, By endorsement of the
sad note after the maturity thereof, pay
meht OF said note was extended TO De-
ceinoer 1st, 1898 and the interest thereon
lsuuceC TO 10 per cent. per annun from
tday 10. 1888, subject, however, to the
Terms ana conditions Of said deed or
trust. And whereas, 1t was provided in
sac deed of trust among other things,
But should default be made in the pay
ment or said note or of the interest that
may accrue thereon, or any part thereof
as the same becomes due and payable, or
IN IN case OF the breach Of any Of the cove
nanIs herein contained, then this deed
snau remain in force, and the said par
ueS or the second part or either of them,
OF OF t the survivor OF them, or in the event
nr han n
from Salt Lake City or refusal to act, or
otner disqualification for the performances
u Ile cures OF TINS trust. then at the
request OF the holder of said note, the
treasurer OF The Pacific Investment Com
pany (WhO shall thereupOn become this
successor of said trustees and of the sur
vlvor OF them to the title TO said prop
erty, and the same become vested in him
IN trust, for the purposes and objects OF
tnese presents with ell the powers. duties
ana oo1gauons thereof, may proceed 70
sell said described property or any part
thereof at public vendue. to the highest
bidder for cash. And whereas, the said
promissory note, together with all inter
est. thereon, from August is. 1898. at the
rate OF ten per cent. per annum until this
date remains wholly due ana unpaid And
whereas, further. said Ford G. Barclay
and John William Young are now absent
from the City of Salt Lake and Territory
or 9tah. and thereby unable to perform
or discharge said trust; and the under
signed, John W. Donnellan, is now the
Treasurer of The Pacific Investment Com
pduy, ana Dy the terms ana cOnQltlOnS OF
said deed of trust has become the success
sor OF said trustees so absent from the
city of Salt Lake and so disqualified to
act as such trustees. and as such success
SCR has become fully vested with all the
powers, duties and obligations of said
trustees. Now therefore, I. the under
signed, John W. Donneian. trustee as
Aforesaid, at the request of the Payee.
owner and holder of said note, and by
virtue of the authority gwen me in said
deed of trust. and in accordance with the
provisions of said deed will. on Thurs
day. the eighteenth day of April. 1895 be-
tween the hours of twelve o'clock m and
three o'clock p. m. of that day. at the
south front door of the Court House (thS
Joint City and County Building). in the
City and County Of Salt Lake, Territory
OF Utah, proceed to sell and sell the
above described real estate at public auc-
ton to the highest bidder for cash in
hand, in order to pay said note and inter
est and the costs of this trust, or so much
sale being made, being thereuntO duly au-
thorized by said deed. I shall make, exc
cute and deliver to the purchaser or pur-
chasers of said property a good and suf-
fcient deed or deeds, conveying all the
interest which said John n. Purcell and
Hannah r. Pursell. his wife, or either OF
them had in and to the aforesaid real es-
tate on the sixteenth day of May. 1891.
and which | have and hold therein as
trustee aforesaid.
JOHN W. DONNELL.AN,
Trustee under the provisions Of said
MARsHALL AND RoYLE. Attorneys.
Salt Lake City, Utah. March q, 1898.