Imperial Valley press., 1911-10-07
NOTICE OF TRUSTEES SALE

WHEREAS JOHN a. OWINGS and
minnie A. OWINGS, his wife, by deed
June 23, 1911, in Book Sc. page 2ss, Of
deeds. records of Imperial County, Cal
ifornia: did grant and convey the prem,
ises therein and hereinafter described
anu the water stock thereon located to
the Peoples Abstract and Trust Company
as Trustee to secure among other things
June 25, 1909, made by the said John A.
Owings and Mime A. Owings for the
sum of Eight thousand five hundred
$S.5OO.OO) Dollars, payable on or before
two years. but after three months after
date to the order of M. Rieder with in.
terest from date until paid at the rate Of
2t per cent per month"; payable quarterly
or compounded: and,
WHEREAS default has been made in
the payment of said promissory note In
was not paid when due and has not
since been paid: that no interest has
been paid on said note since the 25th day
i Rundred asi fort, fortyeeght an and s5-looths Dol
lars Cs134s.35);. that under the PROVISION
of said deed of trust the said M Rieder
has paid water ass eo when n due iS
capital stock of Imperial Water Com
pany No. located on said land as fol-
lows to w.t. One nundred
sth day of December, 1909; ;Go,pn One hundred %
S,S773 on the n 2lst day Of November
50-1OOths Dollars ($143.50) on the 25th
day of June, 1911, and Fifty ($50.OO 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 eight and 35-1OOths Dollars
($134S.35) and the money advanced as
aforesaid have continued to be and are
now unpaid; and.
WHERE'rS said deed of trust provided
that in case default should be made in
u
terest or money advanced for any pur-
pose mentioned. as secured by said deed
party of the third part or his heirs or
assigns, the party of the second part
shall give notice and sell sell the tn, premises
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
sell the premises granted by said deed OF
trust to accomplish the objects of the
deed of trust therein expressed.
NOW, THEREFORE notice is hereby
the authority vested in it as trustee, will
sell at public auction to the highest
coa for ssav sash in the etsd States ssv Geld M
m Of said day at the Main Street en-
trance tEa C;. Ct the County County Court House in
rial, State of California, the interest con-
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
of California, described as follows: The
Southwest Southwest quarter Quarter (sW " and the
Northeast quarter (N.E. A) of the South-
east quarter (SE NJ, and the Southeast
quarter (sE - of the Northeast quar-
in Township Sixteen South ,l6 s. Range
Fourteen East "a Ed $. b. NJ.
Together with the water stock in the
the above described land, being one huns
dred and sixty 060) shares of the Impe-
rial Water Company No. 1.
TO pay the principal sum of said note.
to wit: The sum of Eghty-fve hundred
$S5OO.O0) Dollars, and the interest there
on from the 25th day of June, 1909, at
the rate of 21s per cent per month. CONS
pounded quarterly less the sum of Thlr-
teen hundred forty eight and 35- 10Oths
Dollars ($13iS35) paid on said interest
as aforesaid and the sums paid out on
water assessments with interest on such
sums and payments at the same rate
expenses al said trust amounting to
Three hundred ($3OO.OO) Dollars
in WITNESS WHEREOF the Peoplea
Abstract and Trust Company has duly
of its President, attested by it's Assists
ant Secretary, who has affixed the cor
porate seal At Eel Centre, California, this
30th day of September. 1911.
PEOPLES s, y ABSTRACT ABS AND TRUST
CORPORATE SEALl
BY PHILO JONES,
Attest: JOSEPH j. SIMMONS,
Assistant Secretary,