Imperial Valley press., 1915-10-19
NOTICE OF rRI srnE's SALE.

Whereas, carl Nelson and Dollic Ncl-
son, his wife. by Iced Of trust dated
the tenth day of December. 1911, and
recorded ON the eighth day of April
1915, in Book %. Page 1911. of Deeds
in the office Of tho county recorder of
the County of Imperial, state of Cali
fornia, did grant and convey the prem
ises therein and hereinafter described,
to The Peoples Loan and Trust Com
panV, a corporation. as trustee, for the
uses and purposes set out in said trust
deed, among other uses to secure the
payment OF Two - certain promiSsorN
npIcs a%greEatng five thousand six
hundred dollars tS5, ,6OO. .uo) being one
not Tor i've hundred ultS dollars
t$o5O.oo), due Juno 10, 1915, and one
note for five thousand fftN dollars
tNa, ,O5o.O .OOD. due December 10, 1916, both
of said notes being dated December
10, 1914, and payable to King l.. Ken
die or order. with interest from datc
~ the rate Of eight per cent "a per
cent per annum. PAYABLE semi=annn-
ally; also to secure the payment II
any other sums for advances or which
might become due under the terms of
said trust deed; and
Whereas by said deed of trust, the
said parties of the first part agreed
TO pay all taxes and assessor ents which
might be levied against the premises
Setore the same should become dcln-
qucnt, and in case any such taxes or
assessments were paid by the said par
" of the second part or party of the
third part in said trust deed, the said
first parties should repay and with
Out demand, all sums advanced ~ eN-
pended under the terms of said trust
deed, together with interest thereon at
seven per cent q per cent? per anuum
from the date of advancement and on
the failure of the said first parties 50
to do, such failure should constitute
a default for which all sums secured
by said trust deed should become i'm
mcdiatclN due aud nayable at the op-
tion Of the party of the third part,
and
Whereas, there has been default in
the naNment If the semi annual inter
est due aud payable on each of said
notes due June II, 1915. and default
in the payment of the principal of the
note for S55O.0O due june 15 1915, and
by reason Of such default, said King
H. Kcudlc. the owner and holder oil
said notes and trust deed has, in ac-
cordancc with the provisions thereof,
exercised his option and declared tn"
fun amount of the indebt edncss evi-
denced by said notes, immc cdiatcly due
and payable; and
whereas, the said King L. Kendlc or
July l.. 1913, expended for assessments
on water stock for Hrigating salt.
nremises the sum of one hundred twcn-
ty-one dollars tS121 .00), and on Sep
tcmbcr 3, 1915. TOR irrigation district
taxes on said premises the sum of
eighteen and 10-100 dollars tS1S.10l:
| and
Whereas. it is provided in said trust
IpaNmcnt of any Of the principal, in
| tcrest pr money advanced for any pun
! pose mentioned, as secured by said
deed. that upon application of the party
/ of the third part or his assigns, the
party OF The second part shall give
notice and sell the premises or as
much thcrcor as shah be necessary IN
sell 10 pay the Liabilities unpaid, Sc
.urod by said trust deed; and
whereas. said King l.. Kendle, the
roldcr of the notes secured by said
+ of the dpfJnlt
i'm payments as stated, has applied to
and requested the Peoples Loan aud
part to proceed and sell the GRANTED
premises or 50 much thereof as shall
he necessary 10 sell TO pay tn" whole
of the principal interest, aitorney's
scs incurred necessary 10 the eXecu-
'i"u of said trust
Now Therefore, notice is hereby glM-
en- by the undersigned that it will
hy virtue IF the authority vested i'm il
as trustee. sell at public auction 10 the
highest bidder for cash in the United
states gold coin on Friday, the 18Th
dav of November, 1915, at the hour Of
1000 "A. m. on said date. at the front
door of the office of the P"Dples Alb
stract and Title Company At SIC Main
street, in the CITY of El Ccntro. Coun-
~ of Imperial state of California, the
interest conveyed to II, b" SAID decd
Of trust, in and TO the property there
in described, situate in the County of
Imperial, State Of California, described
as follows:
Tract Sevcuty-lhrce r73), Township
Thirteen G8 South, Range Fifteen
'i5l East 5 Z. NJ. as per map. Of Tie
rcsurvey apuroVcd November 4. 1908.
and filed February d. 1909, in the
United states land office at Los An
ccloe. California. or 50 much thereof
as shall be necessary to pay tho to-
'aI amount of the principal Interest, ad-
vaucrs charges and costs accrued,
amounting to the sum Of six thousand
three hundred fortY-tour aud 17-l0o
dollars (S631f17' due and unpaid.
In Witness Whereof, the Peoples
Loan and Trust Company has duly au-
thorized this notice -" the signature
of its president. attested by its assist
ant secretary who has affiNcd th" cor +
porate seal at riverside; California,
fhis 7th da.' Of October, 1915.
PEOPLES LOAN AND TRUST CON
PANT.
~ J d. ODEIr Presidcnt
Afteet r H. NCCrPa,
Asst Secretary.
Corporate SeaD TGesNoV16