Imperial Valley press., 1911-10-21
NOTICE OF TRUSTEES SALE

WHEREAS JOHN \, OW1NCs and
MIMI. A. OWINGS, his wife, hy Geei
of trust dated August y, 1909, recorded
deeds, records OF Imperial County, Cal
ifornia, did grant and convey the prem-
ises therein and hereinafter described
and the water stock thereon located t.
the Peoples Abstract and Trust Company
as Trustee to secure among other Things
the payment OF q pronisSury note datej
June %, 1909, made 10y the said John \.
Owings and Mime 4 OWinEs for tn
sum of Eight thousand five hundred
sSS,oooool Dollars, payable on on be-2'e
date to the order Of NJ Reder with IN
terest from date untu paid a the rate Of
21a per cent per month, payable quarterly
or compounded; and,
WHEREAS default has been made in
the payment OF said prOmiss0ry note in
this that the principal sum OF said note
was not paid when due ana 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-eiSAt and 35-1G0ths l;o.-
of said deed of trust the said Nj. Rieler
has paid water assessments when due
capital stock of Imperial Water CONF
pany No. ] located On said iaud as fol
lows, to wit: one hundred ninety-fou
and "a 100ths Dollars ($l949D on the
tn day of December. 1909; One hundred
eighty-seven and 15-l0Gths Dollars
t9l87.7D on the 21st day Of November
1910; One hundred forty-three and
5O-l00ths Dollars ($1i3.3o) on the 25lh
day of June. 1911, and Fifty ($50.O0) Dol
lars on the 9Th day of September, 1871,
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-lO0ths Dollars
{$134S.35l and the money advanced us
aforesaid have continued to be and are
now unpaid; ana,
WHEPEAS said deed Of trust provides
that in case default should be fuaie 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
shall give notice and sell the premises
or as much thereof as shall be necessary
to pay the liabilities unpaid secured by
WIiEREAs said NJ. Hioder, the holder
of the note secured in said trust deed 10y
reason Of the default in payments us
| 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 TI!EREFORE notice is hereby
| given that the undersigned by virtue Of
| the authority vested III il as trustee Will
| sell at public auction to the highest
| bidd ar for cash in United States Gold
| Coin on Tuesday the 14th dar oG No
Vember, 1911 1T the hour of II ocio Is
IN Of SAID day at the Main Street en-
! trance Cf the County Court House in
| the City of lIl Ccntro, County of Inpe-
! rial. State of Canlsrnia. the interest con-
Veyed to it by the aforesaid deed of trust
| in and to the real property ana water
| stock located thereon therein described
| situated in the County Of Imperial. state
! of California, described as follows. The
| Southwest quarter Is. w. ~, and the
! Northwest quarter (N.W. ~, and the
! Northeast quarter Me. ~ Of the South
east quarter (S. e. Il }, and tue Southeast
quarter IS. r. y Of the Northeast quar-
! ter tN.E. 4 of Section Twenty-tWo (22)
| in Township Sixteen South IG 50 Range
Fourteen east GA Ed S. y, M.
! Together with the water stock in the
/ imperial Water Company No. | covering
| dred and sixty GG0) shares of the Inpr-
! rial Water Company No. /.
| TO pay the principal sum Of said note
| to wit: the sum Of Eighty-Gve hundred
| tS8500.00) Dollars, and the interest there
| on from the 25th day Of June. 1893, at
the rate Of ~ per cent per month, com
| pounded quarterly less the sum of Thir-
| teen hundred forty-eieht ana 35-100ths
! Dollars t$l34S.35) paid on said interest
- aforesaid ana the sums paid out on
Eater assessments with interest on such
:lms and payments at the same rate
ofne by said promissory note, ANA the
rpenses Of said trust amounting to
hree hundred C$300OO) Dollars.
IN WITNESS WHEREOF the Peoples
Abstract and Trust Company has duly
authorized this notice, by the signature
of its President. attested by It's Assist
ant Secretary who has affixed the cor
porate seal 1t III Centre, California, this
PEOPLES ABSTRACT AND TRUST
COMPANY.
ICORPORATE SEALI
py pIiII3D HOMES