Imperial Valley press., 1916-05-29
NOTICE OF TRUSTEES SALE

by Bell Development Company, cor
poration, party of the 1st part, the
Title Guarantee and Trust Company,
a corporation, party of the End part,
and Fidelity Savings and Loan Asso-
citation, a corporation, party Of the 3rd
party, and recorded September 30,
1914, in book 81. page 235 ct seq. Of
Deeds, Records of Imperial County,
California, to which record reference
is hereby made; said party of the 1st
part, Bell Development Company,
corporation, did grant and convey the
premises therein described to the Title
Guarantee and Trust Company, as
trustee, for the uses and purposes set
out in said Trust Deed, among other
uses to secure the payment Of
one certain promissory note and in
terest according to the terms of said
note, and other sums of money advanc-
ed, and interest thereon, the same be-
ing made due and payable to Fidelity
Savings and Loan Association, a cor
poration, the party of the 3rd part.
Whereas, said Bell Development
Company, a corporation, has borrow
ed and received from said Fidelity
Savings and Loan Association, the fur
ther and additional sum of $82OOO0,
as evidenced by its promissory note
dated December 10th, 1915, due on or
before ninety days after date, all of
said payments and advancements hav-
ing been made in accordance with the
provisions of said trust deed and be-
ing secured thereby; and
Whereas, there has been a default in
the payment of the monthly INSTALL
ment of principal and interest due and
payable on said note mentioned in said
trust deed for the month of January,
1916, and all subsequent monthly in
stallments of principal and interest,
money advanced and all interest due
the payment of the fines levied in ac-
cordance with the provisions OF the by
laws of said Fidelity Savings and Loan
Association, and by reason of such de-
faults having continued for period
of more than thirty days prior to May
End, 1916, said Fidelity Savings and
Loan Association, the owner and hold
Ier of said note and trust deed, has, in
accordance with the provisions there
of, exercised its option and declared
the full amount of the Indebtedness
Immediately due and payable, there
being the total sum of Eighty thousand
eight hundred twenty-one and SO-1OO
Dollars ($80,821.80) now due and un-
paid.
Whereas, it is provided in said Trust
Deed that if there is a default in the
payment of any of the principal, in
'terest, fines levied, or money advanced
for any purpose, mentioned as secured
by said Deed, that upon application of
the party of the 3rd part, or it's as
signs, the party of the End part shall
give notice and sell the premises, or
as much thereof as shall be necessary
to sell to pay the liabilities unpaid Sc
cured by the said Trust Deed.
Whereas, said Fidelity Savings and
Loan Association, corporation, the
holder of the note secured by said
Trust Deed, by reason of the default
in payments as stated, has applied to
and requested the Title Guarantee and
Trust Company, party of the End part.
to proceed and sell the granted prem
Uses, or so much thereof as shall be ne
Icessary to sell to pay the whole of the
principal, interest, money advanced,
ney, fees, and all costs, charges and
.ecution of said trust, and
Whereas; said Title Guarantee and
Trust Company, has demanded pay
ment of said Bell Development Com
pany, a corporation, of the sum of
Eighty thousand eight hundred twenty
one and S0-10O Dollars ($S0,821.8 .8O)
which sum remains due and unpaid.
Now therefore, notice is hereby giv-
en- that the Title Guarantee and Trust
Company, by virtue of the authority
vested in said Corporation as Trustee,
will sell at public auction, to the high
est bidder, for cash in gold coin, on
the 9Th day of June, 1916, at the hour
of IL o'clock, NJ. of said day. at the
front entrance of the Court House in
the city of Ell Centre, County of I'M
perial, State of California, all the in
terest conveyed by said party of the
1st lart, to the party of the End part.
by said Trust Deed, in and to all the
following described property, to-wit:
Lots nineteen (19) and twenty (2O),
in block twenty-one (2D, of the City of
FL Centre, County of Imperial, State Of
California, as per map No. 953, filed
in the office of the County Recorder
of San Diego County, California, or
so much thereof as shall be necessary
to pay the total amount of the prin
cipal, interest, fines levied, advances,
charges, and costs accrued, amounting
to the sum of Eighty-five thousand
and 00-100 Dollars (SS5, 100000, due
and unpaid.
In witness whereof the Title Guar
antee and Trust Company has duly
authorized this notice, by the signature
of it's President. attested by the
Secretary, who has affixed the Corpor-
ate Seal, at Los Angeles, California.
this 3rd dav of Nav. 1916.
TITLE GUARANTEE AND TRUST
COMPANY.
BY E. w. SARGENT. Vice-Pre
Attest A. +. MORLAN, Sec.
CORPORATE SEAL)
Pub. Mon. May 8, Is, %, 20 June 5.