Imperial Valley press., 1915-11-09
NOTICE OF STEERS SALE.

Whereas, carl Nelson and Dollie Nei-
sem. his wife, by deed Of trust dated
the tenth day Of December, 1911. and
recorded ON the eighth day of April,
l2io, in Book 81, Page 191. Of Deeds.
tn thc office OF The county recorder oI
The county Of Imperial, State OF CaIl=
lofhla, dtd grant aud convey the prem
tsc# therein and hereinafter described,
10 ihe Peoples Loan and Trust Com
Paot, a corporation, as trustee, Tor tie
u5ea and purposes set out in said trusi
deed, among other uses To secure the
payment Of two t2) certain promissorv
n3ieS aSgfeEating five thousand six
hundred dollars tS5,6ou.0el, being one
net, lar i've hundred fitty dollars
1S5aG.oep, due June 10, 1913, and cue
noie for five thousand fifty dollars
tSa,oaooo) due December 10, 1916, both
OF aald notes being dated December
I'D, l3il, aud paNahfe 10 King l.. Ken
die or order, with interest from date
at the rate of eight per cent Is per
eehb per annn1n, ravable scmi=anuu
ally, also To secure The payment II
ANY other sums FOR advances or which
might become due under the terms Of
aid trust deed: and
Whereas. by said deed Of trust. the
lid parties ol the first part agreed
L. pay all taNes and assessments which
might be levied against the premises
before the same should become delin-
4ueut, and in case any such taxes or
assessments were paid by the said par
y 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 pr eN-
pended under The terms OF said trust
deed, together with interest thereon at
seven per cent = per CcnD per aunum
from the date Of advancement aud Oh
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
mediatelN due and nayable at the op-
ton of the party of the third part;
and
Whereas. there has been default in
The naYment Of the semi=annual inter
est Gue and payable on each of said
notes due June 10. 1915. and default
in the payment of the principal of the
mote Tor S55oo0 due juno Is, 1915, and
! by reason of such default said King
L. kendle, the owner and holder of
said notes and trust deed has, in ac-
Cordancc with the provisions thereof,
exercised his option and declared the
full amount Of the Indebtedness oVi-
denced by said notes Immediately due
and payable; and
whereas, the said King L. Kendle on
dulY - 1918, expended for assessments
on water stock for irrgating said
promises the sum Of one hundred TWEEN
ty-one dollars t$121.oOD, and ON sep
tember .. 1913. for irrigation district
taxes ON said premises, the sum of
eighteen and i0-100 dollars t$1S.1oA;
and
Whereas. il is provided in said trust
]
/ teresi or money advanced for any pun
pose mentioned, as secured by said
decd, that upon application of he 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
cured BY said trust deed; and
Whereas, said King l. kendle, The
+ holder OF the notes secured by said
! trust deed BY reason OF the default
i in payments rs stated. has applied to
+ aud requested the Peoples Loan and
Trust Company. party Of the second
j part. 10 proceed and sell the Granted
premises or so much thereof as shall
! be necessary to sell to pay The whole
/ of The principal interest, attorne"'s
Z fees and all costs charges aud eXpen-
scs incurred necessary To The eNccu-
ton Of said trust.
Now Therefore. motto" is hereby Civ
on by tic UNDERSIGNED that II Will
hv virtuc IF the authority vested in il
f ~ trustee. sell n public auction to The
highest bidder For cash in the United
i states gold coin, on Friday, the 18th
Idav Of November. 1915, at the hour Of
j 1o:oo a. m. on said date, al the trout
dour of thc office Of the Pcoples Al
siract and Title Company at GIG Main
street. in the CITY Of tl Centre coun-
~ Of Imperial. State of California, thr
Interest conveyed 10 it, b" said decd
o. trust, i'm and 10 the property thcre-
i'm described. situate in the County of
Imperial state of California, described
a fplioWst
Tract Seventy 90, ToWnship
Thirteen G3 south Range Fifteen
80 Eat. :. &. NJ. a. per map of tho
rcsnryey approved November L. 19oS,
aud filed February -. 1909, in the
Emitted states land office at Los An.
pclra California or so much thereof
as shall be necessary II pay tho to-
tal amount Of the principal interest ad
vIrcee. char"ce and costs accrued.
amounting - the sum Of six thousand
tbrce hundred forty-fom and Ion
do1lare dSG.34t17, due aud unpai1
I'm Witness Whereof The PaopIe@
Loan aud Trust compans. mas dniv an-
thnrizcd This notice H. the slEnaturr
Of IL president. attested ~ IL assl-'s
pora1o seal. at Riverside california
fbis 9Th da'- of October. 19l5.
PEOPLES LOAN AND TRUST COW
pANY.
BY J G ODELIA President
Attcst r l. McCrea
Asst Secretary.
Corporate SeaD IuesNoYlb