The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-20
TRUSTEES SALE.

TRUSTEES SALE.
y, NOTICE OF TRUSTEES SALE
Whereas, John w. Jones and Margaret
Jones, his wife, on the 18th day of De-
cemDer. A. d. 1892, made, executed and
delivered to the Middlesex Banking Com
pany, a corporation organized and exist
ING under and by virtue of the laws of
the State of Connecticut and doing bus
mess at Salt Lake City, Utah Territory,
Enelr certain promisSory note in writing
81, 6OO.OO, due and payable on the first day
OF January, a. d. 1898, with interest
thereon ait the rate of six per cent. per
annum from the date thereof until ma
turity; payable senli-annually as follows:
Eafty7tWo dollars ON the first day of July
1873, and forty-eight dollars on the first
Gay OF each succeeding January and July
the principal of said note, after maturity
ana All interest not paid when due, to
pear interest at the rate of Il per cent.
per annum, from the time due until paid
for the sum of $242.G0, of even date, with
sald principal note, payable in INSTALL
ments as follows: TWenty-siX dollars,
on the first day of July 1893, and twenty
tour dollars on the first day of each sue
ceedlng january and July thereafter, un-
III the full sum of $4,000 mas been fully
paid, the last installment being due on
the first day of January, A D. 1898, and
each instalIment bearing interest at the
rate OF L per cent. per annum, after
ma turity until paid, and both OF said
notes being payable at the Office of said
The MiddleSeX Banking Company, at
Middletown, Connecticut; and Whereas,
1t is provided in said notes that if default
should be made in the payment of any
principal as above set forth, then the
said principal sums with all arrearages
| OF interest should at the election of the
holder thereof become at once due and
payable, said election to be made any
| time after default, and without notice.
Ihajt to secure the payment to said The
Middlesex Banking Company, of said
notes and interest as specified therein,
the said John w. Jones and Margaret
| Jones, his wife, on said 18th day of De-
cember, a. D. 1892. made, executed and
| delivered to William H. Dale, trustee for
certain deed of trust conveying to him in
trust for said company the following
described real estate, situated in Salt
ritory to-wit; Pa Part ,eo Of lot rye e
Salt Lake City survey, as fol-
lows: Commencing five and one-half
of said lot five 5), and running thence
east four and one-half Do rods: thence
south Q0 ten rods; thence west four and
| one-ha.f (41a) rods; thence north ten 10)
rods to the place of beginning, together
with all and singular the tenements, her
| iditaments, privileges and appurtenanceS
thereunto belonging; WHICH said deed Of
| ord in the Office of the County Recorder
! of Salt Lake County. Utah Territory, on
| the 18th day of December 1892, and there
after duly recorded in Book 8 ] of Mort
cages, at pages 1919. thereof. ard, where
| as it is provided in said trust deed that
in case of default in the payment of said
notes or any part thereof, or the inter
est thereon, according to the terms there
! of, or in case of the breach of any of
| the agreements or covenants therein
mentioned, and whereas, it is further
provided in said trust deed, that in case
of default in the payment of any of the
iinstallmentS of principal or interest of
! said notes, or in case of failure to pay,
l.before the same shall become delinquent,
all taxes or assessments that may be-
come chargeable within the said Terri
tory of Utah against said premises or
any part thereof, then and in either or
any such case, the whole sum of said
promissory notes thereby secured and in
! terest thereon as agreed, shall at the
option of the legal holder OF said notes
or any one of them, become Immediately
due and payable without notice, and
such holder may proceed to collect the
same under said deed of trust or other
wise, as they may elect or in any case as
above provided, the said trustee is auth
oriZed and empowered to enter upon,
possess, hold and enjoy the above de-
scribed premises, and either with or
without such entry, to sell and dispose
of the said premises and all the right,
title and benefit and equity of redemp-
ton of the first parties therein, ait public
auction at the front deer of the County
I
are situated, or on said premises, as may
, be specified in the notice of such sale,
for the highest and best price, the same
will bring in cash, at least four
of such sale, by advertisement
published once a, week, in any daily OF
weekly newspaper at that time published
in the county in which SAID premises arf
situated, and to make, execute and de
liver to the purchaser or purchasers, al
such sale good and sufficient deed OF
sold. and out of the proceeds of such
sale shall pay: First, all charges anf
expenses of executing the trust. Second
the debt and all other sums Of money
due or to become due hereunder, witt
interest including a commission of five
| (5l per cent. to the trustee for his serv
l. ices and his costs and expenses and thu
additional sum OF I'VE per cent. on sucf
debit as attorneys fees and third. Il
render the overplus Gf any, unto tht
first parties therein on reasonable re
quest, and, whereas, default has beer
made in payment Of the interest on sale
nrincirlal note due on the first day o.
July, 1893, amounting to the sum of fifty
two dollars mo part Of which has beer
was paid August %, 1888; also the sun
which became due ON the first day o
january, 1894, amounting to forty-eigh
dollars; also the sum which became du
on the first day of July, 1894, amountin:
70 forty-eight dollars; also the sun
= which became due on the hrSt day o
:" january, 1893, amounting 70 IOrly-elSn
y dollars: also the sum on said installmen
= nOte which became due on the hrSt da!
d Of JuIy. 1893 amounting to twenty-si-
s dollars; also the sum on said 1nstallmen
n note which became due on the first da.
g Of january, 1894, amounting to twenty
l. fo11- dollars; also the sum on said in
i. ctsIInpnt note which became due on tn
v Grst day of July, 1894 amounting t
n twenty-four dollars; also the sum on sal
y inStaIlment note which became due OF
y the first day of January, 1895, amounting
and accrued thereon since said dates, a
the rate of u per cent. per annum, an
/ defal1lt has also been made in the pay
nent of-taXeS for the year 1893, assessor
and levied upon said property describes
in said trust deed, amounting to S24 35
which said sum The Middlesex Banking
: Company, the owner and holder of sal
notes, was obliged 10 pay and did pa,
, on the 9th day of December, 1893, an
7 whereas, The AIidd1esex Banking Com
j, pany, the owner and holder, of sai
notes, has elected, and does elect to ex
ercise the option given it in said note
to declare the whole pNncipal note am
inStallment note due and payable, b.
reason of said default in the payment o
th6 interest, inStallments and taxes a
above set forth, whereby the condition
and said, The Middlesex BANKING
Company, has made written application
to the undersigned as trustee, in san
4 deed of trust to advertise and sell sal
) property described in said trust deed, j
: accordance with the terms and provl
sfons therein contained, and out of tn
} proceeds Of such sale-first, to pay a.
charges and expenses or executing sal
: trust: second. the debt and all othe