Imperial Valley press., 1911-11-09
NOTICE OF TRUSTEES SALE

WHEREAS JOHN A. OWINGs and
MINNIE a. OWINGS. his wife. by deed
June %, 1911. in Book 56, 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 promissory note dated
Owings and Mime A. Owings for the
sum Of Eight thousand five hundred
tsS,50o00) Dollars. payable on or before
two years but after Il three months after
terest from date until paid at the rate of
212 per cent per month, payable quarterly
or compounded: and.
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 (s1348.35);. that under the provision
of said deed of trust the said NJ. Rieder
has paid water assessments when due
and payable on said 16O shares of the
capital stock of Imperial Water Com
lows, to VII: One hundred oninety-four
,th DAY Of December, !. 1909; 30 One hundred
9n tbe snS s1st day Of p9ars
u,
1910; One hundred forty-three and
5O1OOths Dollars ($1435O) on the 25th
day of June, 1911, and Fifty $4,000 Dol
lars on the 9Th day of September, 1911.
est on the same from said 25th day of
June, 1909, less the said sum of Thirteen
hundred forty-eight and 35-100ths Dollars
t$l34S.35) and the money advanced as
aforesaid have continued to be and 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
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 or
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 Rieder, the holder
Of the note secured in said trust deed by
reason of the default in payments as
Peoples Abstract and Trust Company. the
party of the second part. to proceed and
sell the premises granted by said deed of
deed of trust therein expressed.
NOW THEREFORE, notice is hereby
given that the undersigned by virtue of
sne sa aathoriy vested IN It "a as trustee tr VIII
bidder for cash in United States Gold
Coin on Tuesday. the 14th day OF No
vember, 1911, at the, hour of - o'clock
m Of said day at the Main Street en-
trance of the County Court House in
the City Of El Centre, County of Impe-
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
Northwest Quarter INV. H). and the
Northeast quarter (N.E. NJ of the South
east quarter IS. Il. ~, and the Southeast
quarter (SE ~ of the Northeast quar-
in Township Sixteen South lie s. Range
Fourteen East GA Ed 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 160) shares OF the Impe-
rial Water Company No. /.
To pay the principal sum of said note
to wit: The sum OF Eighty-fve hundred
($8500.00) Dollars. and the interest there
on from the 25th day of June, 1909, at
the rate Of 2h per cent per month, com
pounded quarterly less the sum Of Thir-
teen hundred forty eight and 5-100ths
Dollars $l34s.35) 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
borne by said prOmissory note, and the
expenses OF said trust amounting to
Three hundred Cs300.00) Dollars.
IN WITNESS WHEREOF the Peoples
Abstract and Trust Company has duly
authorized this notice, by the signature
of It's President. attested by its Assist
ant Secretary who has affixed the cor
porote seal at El Centre. California, this
We s. = sss'iRsss i'la asD rzusr
CORPORATE 9EALl