Imperial Valley press., 1911-11-10
NOTICE OF TRUSTEES SALE

MHEkEAS JOHN A. OWINGS and
MINNIE 4: oWINGs. his wife. by deed
OF trust dated August 9. 1909. recorded
June 20. 1911. In Book Sc. page 2SS, Of
deeds. records OF Imperial County. CAL
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 20. 1909. made by the said John A.
Owings and Mime A. Owings for the
sum of Eight thousand five hundred
date to the order of NJ. Rieder with in
terest from date until paid at the rate Of
2ha per cent per month, payable quarterly
WHEREAS default has been made in
the payment of said promissory note in
this that the principal sum OF said note
since been paid; that no interest has
been paid on said note since the 25th day
of June, 1909. except the sum of Thirteen
lars (sIs4s.s5j; that under the provision
of said deed Of trust the said NJ. Rieder
has paid water assessments when due
and payable on. said 100, shares of the
pany No. l located on said land as fol-
lows. to wit: One hundred ninety-four
and 94-1OOths Dollars (s194.94) on the
eighty-seven and 77-1OOths Dollars
,$ls7.7O on the 21st day Of November,
1910; One hundred forty-three and
day of June, Isi1, and Fifty (s5O.oo5 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 35-1O0ths Dollars
(Sl34S.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
neS terest 20 or money money advanced for for any p, pur,
Of trust, that upon application of the
party OF the third part Or his heirs or
assigns, the party of the second part
or as much thereof as shall be necessary
TO pay the liabilities unpaid secured by
the trust deed; and,
WHEREAS said M. Rieder. the holder
Of the note secured in saidtrust deed by
reason of the default in payments as
stated has applied to and requested the
Peoples Abstract and Trust Company the
sell the premises granted by said deed of
trust to accomplish the objects of the
deed OF OF trust therein expressed.
given that the undersigned by virtue OF
the authority vested in It as trustee, will
sell at public, auction to the highest
vember 1911. at the hour of IL O'Clock
m OF said day at the Main Street en-
trance CT the County Court House in
the City of Ell Centro, 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
Southwest quarter {S;W; ~. and the
(NE of ihs souh the
east quarter (s.E. ~. and the Southeast
quarter (sE y? Of the Northeast quar-
in Township Sixteen South ,iG 50 Range
Fourteen East IA Ed s. b. NJ.
Together with the water stock in the
Imperial Water Company No. I covering
the above described land, being one hun
dred and sixty (160) shares of the Impe-
rial Water Company No. 1.
To pay the principal sum OF said note.
(ss5oOoO) Dollars. and the interest there
on from the 25th day OF June. 1909, at
the rate OF 24 per cent per month. com
pounded quarterly less the sum of Thir-
teen hundred forty-eight and &c. 100ths
Dollars $i34s.35) paid on said interest
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 ($30000) Dollars
IN WITNESS WHEREOF the Peoples
authorized this notice, by the signature
If Its President, attested by its Assist
ant Secretary. who has affixed the cor
,orate seal at FL Centre. California, this
10th day Of September. 1911.
'EoPLES = ABSTRACT AND TRUST
fcoRPOaHATE SEAL 4
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