Imperial Valley press., 1911-10-20
NOTICE OF TRUSTEES SALE

WHEREAS JOHN \. OWINGS ana
MINNIE \. OWINGS, his wife, by deed
of trust dated August 3, 1909, recorded
June %. 1911. in Book So, page 2SS, OF
deeds, records of Imperial County. Cal
ifornia, did grant and convey the prem
ises therein and hereinafter described
ana the water stock thereon located to
the Peoples Abstract and Trust Company
as Trustee to secure among other things
the payment OF Il promissory note dated
June 20, 1909, made by the said John y.
Owings and Mime y. OWnEs for the
sum of eight thousand five hundred
($S, 100000 Dollars, payable on or before
two years, but after three months alter
date to the order of Nj. Rieder with in
terest from date until paid at the rate OF
21a per cent per month, payable quarterly
or compounded; and,
WHEREAS default has been made in
the payment Of said promissory note in
this that the principal sum OF said note
was not paid when due and has not
since been paid; that no interest has
been paid on said note SINCE the 10Th day
of June, 1909, except the sum OF Thirteen
hundred iOrty-cight and 3J-lOOthS Dol
lars ($134S.35); that under The provision
OF said deed of trust the said NJ. Rioder
has paid water assessments when due
and payable on said $50 shares OF the
capital stock of lnperial Water Com
pany No. L located on said land as fol
lows, to wit: one hundred ninety-fuur
and 94-100ths Dollars ($l94.9D on tho
tn day of December, 1909; one hundred
eighty-seVen and 77-100ths Dollars
$l%7.7O on the 21st day Of November.
1910; one hundred forty-three and
.50-lOOths Dollars ($l43.50) on the 25th
day of June, 1911, and FIFTY ($50.0O Dol
lars on the 9th day OF September, 1911,
and the said principal sum and inter
est on the same from said 25th day of
June. 1909 less the said sum of Thirteen
hundred forty-eGht and 35-l00ths Dollars
(Sl34S35) and the money advanced as
aforesaid have continued to be ana are
now unpaid; and,
WHEREAS said deed of trust provides
that in case default should be made in
the payment of any of the principal, in
tercst or money advanced for any pur-
pose mentioned, as secured by said deed
of trust, that upon application of the
partv of the third part or his heirs or
assigns, the party of the second part
shall give, notice ana sell the premises
or as much thereof as shall be necessary
to pay the liabilities unpaid secured by
the trust deed; and
WHEREAS said NJ. Rieder, the holder
reason of the default in payments as
stated has applied to and requested the
Peoples Abstract and Trust Company, the
party of the second part, to proceed and
trust to accomplish the objects of the
deed of trust therein expressed
NOW TIL EREFORE notice is hereby
given that the undersigned by virtue of
the authority vested in it as trustee, viii
sell at public auction to the highest
bidder for cash in United states Gold
vember, 1911, at the hour of II o'clock
m Of said day at the Main street en-
trance Cf the County Court House IN
tie city a El Centre, County of lmpe-
t.s.s ttNtn n
Veyed to it by the aforesaid deed of trust
IN and to the real property and water
stock located thereon therein described
situated in the County Of Imperial state
Northwest quarter (N.W ", ana the
Northeast quarter (N.E. "a Of the South
east quarter (S.E ~, and the Southeast
quarter (S.H, ~ of the Northeast quar-
ter CN.E. ~ of Section twenty-five (22).
in Township Sixteen South ,lG - Range
Fourteen East "a E. S. h. NJ
Together with the water stock in the
Imperial Water Company No. | covering
the above described land, being one hum
drcd and sixty QG0) shares Of the lmpe-
rial Water Company No. |.
TO pay the principal sum of said note,
To wit: The sum of Eighty-tivc hundred
C$S100.OO Dollars, and the interest there
on from the 25th day of Juno, 1902 at
pounded quartesy less the sum Of Thin
teen hundred forty eight and 80 100ths
Dollars Gl"iS.J5) PAID ON sad interest
as aforesaid and the sums paid out ON
water assessments with interest on such
sums and payments at the same rate
borne by said promissory note and the
expenses OF said trust amounting to
Three hundred ($300.00) Dollars.
IN WITNESS WHEREOF the Poop -
Abstract and Trust Company has duN
authorized this notice, hy the signature
of its President. atteSted by its Assist
ant Secretary. who has affixed the cor
porate seal at El Centre, California, tbis
goth day of September 1911.
PEOPLES ABSTRACT AND TRUST
COMPANY.
CORPORATE SEAL1
BY PHILO JONES.
President.
Attest: JOSEPH J. SIMMONS.
Assistant Satrpf1pV