Imperial Valley press., 1911-10-23
NOTICE OF TRUSTEES SALE

WHEREAS JOHN a. OWINGs and
MINNIE "A. OWINGS, his wife, by deed
of trust dated August 8, 1902 recorded
June %, 1911. in Book So, page. 2ss, of
deeds, records of Imperial County. Cal
| ifornia, did grant and convey the prem
ses 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.
sum of Eight thousand five hundred
SS,500.00) 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 ($l34S.35); that under the provision
of said deed of trust the said M. Rieder
has paid water assessments when due
4 ! payable on said 100 shares of the
''o.tal stock of Imperial Water Com
ps' ny No. l located on said land as fol-
- 94-lOoths Dollars (S194.9D on the
So lay of December, 1909; One hundred
ls775 on the aS slst day yOV5S of November %
1910; One hundred forty-three and
50-100ths Dollars C143,50) on the 25th
day of June, 1911, and Fifty ($50OO 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 35-100ths Dollars
($1S4S.35) and the money advanced as
aforesaid have continued to be and are
now unpaid; and.
WHEREAS said deed of trust provides
in Shnll6 IA
the payment of any of the principal, in
terest or money advanced for any pur-
pose mentioned, as secured by said deed
of trust, that upon application of the
party of the third part or his heirs ol
assigns, the party of the second part
shall give notice and sell the premises
or much thereof as shall be necessary
to pay the liabilities unpaid secured by
the trust deed; and
WHEREAS said NJ Rieder the holder
of the note secured in said trust deed by
reason of the default in payments as
stated has applied to and requested the
Peoples Abstract and Trust Company, the
party, of the second part, to proceed and
sell the premises granted by said deed of
trust to accomplish the objects of the
deed of trust therein expressed,
NOW, THEREFORE notice is hereby
given that the undersigned by virtue of
the authority vested in it as trustee, will
sell at public auction to the highest
bidder for cash in United States Gold
Coin on TUESDAY the lath day OF cHc NG
m Of said day at the Main Street en-
trance CT the County Court House in
the City of Eel Centre, County of lmpe-
| rial. State of California. the interest con-
veyed to it by the aforesaid deed of trust
in and to the real property and water
stock located thereon therein described
situated in the County of Imperial, State
of California. described as follows: The
Southwest Quarter (S,WW ~ and the the
Northeast quarter (N.E. "a of the South
east quarter (S:E. ~, and the Southeast
quarter Is. E. "a of the Northeast quar-
| ter one "a of Section TWENTY-FIVE (22).
in Township Sixteen South ZIG s. Range
| Fourteen East GA E) S. b. Nj.
Together with the water stock in the
Imperial Water Company No l covering
the above described land, being one hun
dred and sixty 060) shares of the lmpe-
! rial Water Company No. l.
| TO pay the principal sum of said note,
| to wit: The sum of lIighty-tive hundred
| ($S500.0 Dollars, and the interest there
| on from the 25th day of June. 1909. at
/ the cate of 21a per cent per month, COM
pounded quarterly less the sum of Thir-
| teen hundred forty eight and 35- 1OOths
Dollars tSl34S.35) paid on said interes