The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-03-28

sell and Hannah r. Pursell. his wife, by
their certain deed of trust, made and exc
cuted by them on the sixteenth day OF
May, 1881 to Ford G.. Barclay and John
William Young. then delivered and duly
recorded in the Recorders Office IN the
County of Salt Lake and Territory or
pages 575-6. did grant. bargain. convey
and confirm to the said Ford G. Barclay
and John 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
south half of lot four tD. block eighty
(S0). plat ID Salt Lake City survey;
which said conveyance was in trust 10
secure the payment of a certain pronis-
sorry note in words and figures following
'G sl'ooo.oo.
Salt Lake City, Utah, 18th May, 1891.
Two years after date we promise to pay
to The Pacific Investment Company or
bearer. One Thousand and noil00 Dollars,
with interest at one per cent. per month
from date until paid, value received. IN
terest payable qEarter-annually- Pay
able at the ONCE OF Ine racine my est
ment Company, Salt Lake City, Utah.
Due May 10, 1888.
HANNAH r. PURSELL.
And whereas, BY endorsement OF the
said note after the maturity thereof, pay
ment of said note was extended to De-
cember 1st, 1888, and the interest thereon
May i6 1898, subject, however, to the
terms and conditions of said deed or
trust. And whereas, 1t was provided IN
said deed of trust among other things,
But should default be made in the pay
ment of said note or of the interest that
may accrue thereon, or any part Thereon
as the same becomes due and payable, or
in case of the breach OF any or the cove
nants herein contained, then this deed
shall remain in force, and the said par
ties of the second part or either of them,
Z - IN hA
of the death of both of them, or absence
from Salt Lake City, or refusal to act, or
other disqualification for the performance
Of the duties of this trust, then at the
request of the holder of said note. the
Treasurer of The Pacific Investment Com
pany (who shall thereupOn become the
successor of said trustees and of the sur
Yivor of them to the title 20 said prop
erty, and the same become vested in him
in trust, for the purposes and OBJECTS OF
! these presents with all the powers duties
/ and obligations thereof, may proceed 10
sell said described property or any part
! thereof at public Vendue, TO the highest
/ bidder for cash. And whereas, the salc
/ promisscry note. together with all inter
| est thereon. from August Is, 1893, at the
/ rate of ten per cent. per annum until TINS
/ date remains wholly due and unpaid ana
whereas, further. said Ford g. Barclay
! and John William Young are now apsent
J from the City of Salt Lake and Territory
! of Utah. and thereby unable TO perform
| or discharge said trust; and the under
7
/ Treasurer of The Pacific Investment Com
pany. and by the terms and conditions 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
/ sor has become fully vested with all the
! powers duties and obligations of said
! trustees. Now therefore. I, the under
! signed, John W. Donnellan- trustee as
| aforesaid, at the request of the pave
owner and holder of said note, and by
! 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. ana
! three O'Clock p. m. of that day, at the
| south front door of the Court House Cthe
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
hand, in order to pay said note and inter
est and the costs of this trust, or so muct
! thereof as it may pay; and upon Sucr
! sale being made, being thereunto duly au
| thorized by said deed, shall make, exc
cute and deliver to the purchaser or pur
chasers of said property a good and SUI
ficient deed or deeds, conveying all tn
interest which said John II. Pursell ant
! Hannah r. Pursell, his wife. or either o.
tate on the sixteenth day of May 1881
| and which 1 have and hold therein a.
! trustee aforesaid
JOHN W. DONNELLAN,
| Trustee under the provisions Of SAT-
I trust.
MARSHALL AND ROYLE, Attorneys
Salt Lake City, Utah, March q, 1895.