Imperial Valley press., 1915-11-16
NorIcu OF srnn's SALE.

Whcreas. Carl Nelson and Dollie Mel
SON. his wife. by decd of trust dated
the tenth day OF December. 1911. aud
recorded on the eighth day Of April.
1913, in Book 81 Page 191. of Deeds.
i'm the office Of tho county recorder Of
the County of Imperial, State of Cali
tornia, did grant aud convey the prem
Uses therein and hereinafter described.
10 The Peoples loan and Trust Com
pdnN, corporation. as trustee, fer the
uses and purposes sci out in said trust
deed, among other uses to secure the
payment Of TWO 60 certain promisaorA
notes aSGrcEatiug five thousand sis
hundred dollars $50 .60o.OOb. being one
mote TOR I'VE hundred GttN dollars
tSaaeoW. due Junr l.. 1913. and one
not for five thousand nttN dollars
,Sa.uau.uol, due December In, 1916. both
.ot said notes bciug dated Brecmhcr
10, l"i 1. aud paA!hie TO kinG l.. ken
die or ordCr, with interest from date
lat the rate OF eight per cent - per
ccuD per duuum, raNahlc -cmi #anuu
ally, alao to secure ihr payment pt
micht become duo under the terms of
said trust deed. and
Whereas. by said decd of trust. the
aid parties of the FIRST part agreed
to pay ali taxes aud assessments which
mish be levied against the premises
hcturc lie same should become drliu-
quent, AMI in case any such taxes OF
N of the second part or party Of the
third part in said trust decd. the said
first parties should repay and with
out demand, all sums advanced or cN-
bCndrd under the terms ui said trust
deed, together with interest thereon at
seven per cent - pcr rcuD per anuum
from the date OF advancement and ON
the failure of The said FIRST parties SO
To do, such failure should constitute
default for which all sums secured
by said trust decd should become i'm
mediatclN due and naNahle at the Op-
tion of tho party Of the third part.
and
Whereas, there has been default in
the aVmcut If the semi-annual inter
est due and payable on each of said
notes due June 10, 1918, and default
in the payment of the principal of the
note for S550.0o due juno Is, 1918. and
by reason of such default, said King
L. kCudlc, the owner and holder Of
said notes and trust deed has, in ac-
cordancc with the provisions thereof,
exercised his option aud declared the
full amount of the indebtedness cvi-
dcnccd by said notes, imm mcdiately due
and payable; and
Whereas. the said King l.. KcndIc on
Oh water stock for irripating said
premises The sum of one hundred twcu-
tN-ouc dollars t%t2100l. and ON Sep
tcmbCr .. 1915. for irrigation district
taNce on said promises. The sum of
eighteen and l0-loo dollars tNlS.lW
Whereas. if is provided in said trust
deed that If there Is a default in the
p.vmcuf OF any of the principal, in
tcrcst n money advanced FOR any pur
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 thereof AS shall be necessary 10
sell to pay the liabilities unpaid, Sc
ured by said trust decd; and
Whereas, said King l.. kcndlc. the
1 q 30 Al FHa ia A 4
trust deed by reason Of the default
in payments as stated. has applied to
aud requested the Peoples Loan and
Trust Company. party Of the second
part TO proceed and sell the Granted
promises or 50 much thereof as shall
he necessary to sell TO pay tho whole
of the principal, interest, attorucv's
fees aud all costs, charges aud eNpcr-
SEES incurred necessary TO the cNCCu-
ton of said trust.
Now Therefore. notice H. hereby Civ
ON by tho UNDERSIGNED that it will
by virtue Of the authority vested i'm il
a. trustee, soil IT public auction to the
highest bidder for cash i'm the United
States gold coin, ON Friday, Tho 18th
day Of November. 1915, at tho hour of
1000 a. m. on said date, al the front
door Of the office of the Pcpules Al
street. in the CITY of El Centre. touu
" Of Imperial state of California The
interest conveyed 70 it, b. said deed .
Of trust. i'm and 10 the property there. e
Imperial state of California. described
as follows.
Tract seventy-three 0a). Township
G3) south Range Fifteen .
u5l East, :, e. NJ. a per map. Of the +
rcsurvrN apuroVod November I, lH0S,
aud filed February p 1000. in the
Unitod states land office at Les An.
eclcs. California. or so much thereof
as shall be necessary to pay the to-
al amount of the principal iut"restad- .
vancos. charres and costs accrued,
.t,af, inf O. * 4
three hundred fortv-four aud 17-t00
dollars 6SG3if17' due and unpaid.
IL Witness WhcrcoL the Peoples
Loan aud Trust Company has duty an.
.horizcd this notice IL" The signature
IF its president. attested by its assist.
ant secretary who has affxed the cor
,orate seal Al Riverside. california,
his 1th da" of October. 1918
LOAN AND TRUST COM
pANY.
Bv j. G. ODELL President
Attest. y l. NCCrea.
Asst Secretary.
Corporate SeaD TuesNov16