The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-03-13
NOTICE OF SALE UNDER TRUST


NOTICE OF SALE UNDER TRUST
Deed.-Notice is hereby given by the
undersigned, Elias A. Smith. as trustee,
named in a certain deed of trust, where
in Joseph Crosby and Emily NJ. Crosby.
of Salt Lake City, Utah, are first parties,
and said Elias A. Smith of the same
place is second party, and lions Benent
Building Society. corporation. is third
party and beneficiary, dated November
~, 1882, and recorded in the records OF
the county recorder of Salt Lake county,
IN book j of mortgages, pages $40 TO
S49 reference to which is hereby made,
and the same is made a part hereof.
And by said deed said first parties con-
veyed to said Elias A. Smith, trustee. the
personal and real property hereinafter
described. i'll trust, to secure payment
OF certain promissory note or agree
ment for fifteen hundred dollars. of
even date with said trust deed and re-
ferred to therein. and to secure agree
mentS contained in said deed to be per-
tormed by said first parties, to-wit The
payment of said N,50O0O with interest as
provided in said note or agreement, said
Sl,5OO.OO to become due upon default In
any OF the conditions of said trust deed,
and also the monthly dues on fifteen
shares of the ninth series of the capital
stock of the said lions Benefit Building
Society. as provided for under the by
laws of said society, and also to pay the
fines on said stock that might accrue as
provided in said bylaws, and to secure
the taxes and assessments on said real
property during the existence of said
trust deed. all of which obligations said
nrst parties agreed by said trust deed TO
pay and to secure other obligations con-
tanned in said trust deed. The property so
conveyed in trust is described as follows.
to-wit: Fifteen shares of the ninth
series of the capital stock of lions Bene-
mt Building Society, which stock stands
IN the name of said Joseph Crosby, and
the following described real estate, to-
wit: Commencing at the southwest cor
ner OF lot three in block one hundred and
eight, plat ID" Salt Lake City survey.
running thence north two and one-haf
rods, thence east ten rods, thence south
two and a half rods, thence west ten
rods to beginning, situate in Salt Lake
CITY, Salt Lake county, state OF Utah.
And 1t is further provided in said trust
deed that in case default be made in
the payment of said note or agreement or
any part thereof, or of the interest there
on, or the said fines or dues on said stock.
due and payable. or of the taxes assessed
on said real property, or in case of the
breach of any other covenant contained
in said trust deed, the said party of the
second part may proceed to sell the said
above described property or any part
thereof at public vendue to the highest
bidder for cash, (either of the parties
hereto being at liberty to become pur-
chaser at said saie) at the front door
of any building then used as the county
court house in Salt Lake City. first
giving twenty days public notice OF the
time, terms and place OF sale, by adver-
usement in some newspaper printed in
the English language and published in
Salt Lake City. Utah. and upon said
sale, execute and deliver a deed or deeds
in fee simple of the property sold. to the
purchaser or purchasers thereof, a re-
cital wherein of the request of the holder
of said note or agreement that he should
proceed to sell, and the publication of
said notice, shall be evidence in all courts
of law or equity and be full and suffi-
Gent proof thereof and out of the pro-
ceeds of sale pay the expenses of said
trust including a reasonable attorneys
fee and compensation to said trustee ana
said obligations secured by said trust
made by said first parties in the pay
ment of the principal and interest on
said note or agreement. the same being
long since due and unpaid, and the dues
and fines on said stock as provided in
said agreement. and in the payment of
the taxes on said real property for the
years 1894 and 1885. And, whereas. said
lions Benefit Building Society is the
owner and holder of said note or agree
ment and trust deed, and has notified
said second party of said defaults. and
accordance with said trust deed. Now,
therefore. notice is hereby given that J.
the undersigned trustee as aforesaid. at
the request of said lions Benefit Build
ing Society. and under and by virtue
of the las-er and authority in me vested
by said deed of trust. will on Tuesday,
the 23rd day of March. 1897. at the
hour of u o'clock noon, of said day
sell the above described personal and
real property. and all right. title. benefit
and equity of redemption of said Joseph
Crosby and Emily NJ. Crosby. his wife.
their heirs and assigns. of, in and to said
property. both real and personal. for the
highest and best price the same will bring
in cash. at the west front door of the
county court house in Salt Lake City,
situated or State street between. Fourth
and Fifth South streets, Salt Lake City,
state of Utah, for the purpose of paying
said Indebtedness, and all costs and ex-
penses of executing said trust
ELIAS A. SMITH. Trustee.
O. w Moyle. Attorney for Trustee.