Semi-weekly herald., 1913-06-26
NOTICE OF PUBLIC TRUSTEES
SALE.

1 'AAA<AfGhCy JOilH w. cilto, WHOSt
| postoffice address is Durango, County
of La Plata and State of Colorado,
| did, by his certain Deed of Trust,
dated May Is, 1912, and duly recorded
in the office of the County Clerk and
Recorder of La Plata County, Colo
I rado, on the Sixteenth day of May,
A. d. 1912, in Book 1872, at page 344,
of the records of said office, convey
to the Public Trustee of said La Plata
County, the following described real
estate, situate in the County of La
Plata and State of Colorado, to-wit:
The S. E. Id of the N. Z. IA of
Section 20: the N. E. Ia of the N. w.
Ia; the S. 1-2 of the N w. Ia; the
N. l-2 of the S. w. Ia; the S. w. Ia
of the N. E. Ia, and the N. w. Ia
of the S. E. IA of Section 81, all in
Township 81, N. R. W., of the N.
M. P. NJ, together with all i'm
provements thereon situate, and all
bitches and ditch rights, water and
water rights thereunto belonging, or
in anywise appertaining. including
twelve shares of the capital stock of
the King Consolidated Ditch Company,
for the purpose of securing to the
Graden Mercantile Company, the pay
ment of one certain promissory note,
bearing even date with said Deed of
Trust, for the sum of $2,500.00, with
interest at 10 per cent. per annum
from date until paid, interest payable
annually;
AND, WHEREAS, Default has been
made by the said John w. Sites in the
payment of the principal of said
promissory note and the interest
thereon; that the whole thereof is now
due, according to the terms thereof,
and the said Graden Mercantile Com
pany, still being the legal owner and
holder of said note, has, by writing,
filed with the undersigned and given
its notice that the said legal holder of
said note has declared violation of
the covenants and agreements contain
ed in said Deed of Trust, and has
elected to advertise said premises for
sale and has demanded the sale there
of, for the purpose of paying said
principal sum and interest, and all
other lawful charges therein, as
4 stipulated in said note and Deed of
Trust, and as provided by law;
| AND, WHEREAS, the said Deed of
Trust, by its terms, was made sub
ject to certain Deed of Trust record
ed in said recorders office in La Plata
County, Colorado, in Book 1T, at
page 355, to the undersigned Pub
lie Trustee, securing the sum of $4,000,
payable to the Durango Trust Com
pany of Durango, Colorado, with in
terest thereon;
AND, WHEREAS, There has be-
come due and payable in interest
upon. said former Trust Deed GER
tain interest or coupon interest notes
thereon, one due April l., 1912, for
S210.00; one due October 1st, 1912,
for $4,000; and one due April list,
1913, for $4,000; no part of which
has been paid by said Sites, which
said interest coupon notes bear inter-
est at the rate of ten per cent. per
annum from maturity until paid;
AND, WHEREAS, The said, the
Graden Mercantile Company was
obliged to pay said interest notes or
coupon notes upon said former Trust
Deed, to save and protect their Sc
curity afforded by the said Trust Deed
hereinabove mentioned, and that the
said Graden Mercantile Company, did,
on the 24th day of May, A. D. 1913,
pay, take up and discharge the inter-
est coupon notes above set forth, in
the sum of $672.OO, which the said The
Graden Mercantile Company has elect
ed to and did add to its Indebtedness
secured by this Trust Deed now sought
to be foreclosed.
That no part of the said note Sc
cured by said Trust Deed. or any of
the interest thereon, has been paid,
and that no part of the said interest
coupon notes or the said sum advanced
by the said The Graden Mercantile
Company to pay the interest coupons,
secured by the said first and former
Trust Deed, have been paid
NOW, THEREFORE, l, j. W. Tur-
ner, Public Trustee of La Plata
County, Colorado, will, on the 26th
day of July, A. D. 1913, at the hour
of 10 O'Clock in the forenoon of said
day, at the West front door of the
County Count House at Durango, in
the County of La Plata and State of
Colorado, offer for sale and sell, en-
masse or in separate parcels, as may
be deemed best, all of the above de-
scribed property, or so much thereof
as may be necessary to pay off said
indebtedness secured by this Trust
Deed, including the interest coupon
notes so paid as hereinabove set forth
and all interest, costs and charges
thereon, and all the right, title and
interest which the said John W. Sites
had or has in and to said property,
at the time of the execution of said
Deed of Trust, at public auction, for
~