Imperial Valley press., 1911-10-24
NOTICE OF TRUSTEES SALE

WHEREAS JOHN \. OWINGS and
MINNIE y. OWINGS, his wife, by a deed
of trust dated August 0, 1909, recorded
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
and the water stock thereon located to
the Peoples Abstract and Trust Company
as Trustee to secure among other things
the payment of a promissory note dated
June 25, 1909 made by the said John A.
Owings and Mime a. Owings for the
sum of Eight thousand five hundred
(SS,50000) Dollars, payable on or before
two years but after three months after
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 25th day
of June. 1909, except the sum of Thirteen
hundred forty eight and 35-100ths Dol
lars ($134H.35); that under the provision
of said deed of trust the said NJ. Rieder
has paid water assessments when due
and payable on said $50 shares OF the
pany No located on said land as fol-
lows. to wit: One hundred ninety-four
and 94-1Ooths Dollars ($194 .9D on the
Sth day of December, 1909; One hundred
eighty seven and 77100ths Dollars
t$1H7.IO on the 21st day of November
1910; One hundred ty-three and
5O-100ths Dollars ($143 500 on the 18th
day OF June 1911, and Fifty C$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
Iii n fHhirtnnll
hundred furty-eight and 35-100ths Dollars
(Sl34S.3J) and the money advanced as
aforesaid have continued to be and are
now unpaid; and.
WHEREAS said deed of trust provides
that in ease default should he made il
the payment of any OF the principal, in
pose mentioned. as secured by said deed
of trust. that upon application of the
party OF the third part or his heirs OF
assigns, the party of the second part
shall give notice and 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 Rietler. the holder
of the note secured in said trust deed by
reason of the default in payments as
stated has applied to and requested the
party of the second part. to proceed ana
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
given that the undersigned by virtue OF
the authority vested in it as trustee. will
sell at public auction to the highest
bidder for cash in United States Cole
Coin on Tuesday, the 14th day of No
vembeH. 1911: at the. hour of II O'Clock
m Of said day at the Main Street en-
trance Ct the County Court House il
the City of IGl Centre, County of Impe-
rial. state OF California. the interest con
in and to the real property ana watel
stock located thereon therein described
situated in the County of Imperial. State
of California. described as follows: The
NorthWest 9uarter NV. A}} ana a the the
Northeast quarter (NE. a of the South
east quarter (SE. ~, and the Southeas'
ter NE. - of Section Twenty-Five (22)
in Township Sixteen South ,I6 81 Range
Fourteen East "a Ed S. b. M.
Imperial Water Company No. l covering
the above described land, being one hun
dred and sixty l60) shares of the lmpe-
rial Water Company No. l.
To pay the principal sum of said note
to wit: the sum of Eighty-five hundred
t$850o.00) Dollars, and the interest here
on from the 25th day of June, 1909, al
the cate OF 21a per cent per month, com
pounded quarterly less the sum of Thir-
teen hundred forty eight and 35-100ths
Dollars ($l3iS.35) paid on said Interest
water assessments with interest on suc
sums and payments at the same rat,
borne by said promissory note, and the
expenses Of said trust amounting t,
Three hundred )$3O000) Dollars.
IN WITNESS WHEREOF the People.
Abstract and Trust Company has duly
authorized this notice by the signature
of its President, attested by its Assist
ant Secretary, who has affixed the cor
porate seal 1T El Centre, California this
30th day Of September. 1911.
PEOPLES ABSTRACT AND TRUST
COMPANY.
CORPORATE SEAL]
BY PHILO JONES,