Imperial Valley press., 1916-01-21
NOTICE OF TRUSTEES SALE.

A Grainger, ger his wife, by deed of trust
dated the first day of January, l914, i
tof June, 1914, in Book 81 of Deeds. at
Page 10 thereof, records of Imperial
County, California, did grant and con
after described to the Peoples Loan
and Trust Company, corporation, as
trustee and did pledge siXty-four (64)
shares of water stock located upon saao
tsory notes executed by A. j. Granger
and Clara A: Grainger, being for one
thousand dollars ($1,o0OOO, one thou,
sand dollars ($1,ooo.ool, one thousand
dollars ($1,OOO.OO) and thirteen hun
dred dollars ($1,30O.O0,. respectively
all dated January 1, 1914. payable on
or before one % year, two 90 years,
three go years and four 60 years
after date, respectively, with interest
at the rate Of seven lO per cent per
annum, payable semi annually ana
also to secure any other sums, with in.
terest, that may be advanced or that
may become due under the terms of
said deed of trust, and
Whereas, said deed of trust provides
that in case default shall be made in
the payment of any sums OF principal
and interest when due; said, SAID trustees teS
on demand of the owner and holder Of
said notes, and
/ Whereas, said notes and each of them
in the payment of any installment of
interest when due, then the whole sum
! Of principal and interest shall become
/ imm ediately due and payable at the
option of the holder of said notes, and
| Whereas, no part of the principal and
/ interest of any of said notes has been
paid except tthat the note due on or
before one % year after date has been
1 paid in full and except that the inter
est on the three (3)' remaining notes
has been paid to February. Is, 1915, but
! l. Il 1,n
of the semi annual, installment; of in
terest due on each of said notes re-
mainng unpaid on July l, 1915. and
the owner and holder of said notes
has exercised his option and declared
the whole amount of the three 90 re-
naming notes to be due and payable,
and
! Whereas, said Moses P. Grove has
declared that default has been made
under said notes and deed of trust as
aforesaid and the principal of Note
Of Note No for one thousand dollars
($1 .O0O.OO). and of Note No. for thir-
teen hundred dollars $1,300.0O), to-
gether with interest thereon from Feb
ruary Is, 1915, is now owing and un-
paid according to the provisions of
said deed of trust, and has demanded
and requested that said trustee shall
sell the property conveyed by said deed
of trust to accomplish the object of
said trust herein expressed and in ac-
cordance with the provisions of said
QeeO OF trust,
Now, Therefore. Notice is hereby Civ
en- by the undersigned that it will by
virtue of the authority vested in it as
trustee, sell at public auction to the
highest bidder for cash in United
States gold coin, on Tuesday, the 18th
day of February, 1916, at the hour of 10
O'Clock a. m, on said date, at the front
door of the office of the Peoples Alb
stract and Title Company. at GIG Main
street, in the City of Ell Centre, Coun-
ty of Imperial. State of California the
interest conveyed to it by said deed of
trust in and to the property therein
described, situated in the County of
Imperial, State of California:
Tract seventy five (75), Township
fifteen G5) South, Range thirteen 13)
East, S. b. NJ. containing eighty $50
acres, according to government sur
proved March Is. 1909, and filed June
Is. 1909. in the United States Land Of
flee at Los Angeles. California, togeth-
er with said siXtyfour (6D shares
of water stock located thereon
To pay the principal sum of said
notes. together with interest due there
on; also any sums that may be or NAV
have been advanced, with interest, to
protect the interests of this trust. the
expenses of sale and the expenses Of
this trust in the sum of two hundred
dollars ($2OO.0O). Terms of sale. cash
in United States gold coin.
In Witness Whereof, Said Peoples
Loan and Trust Company, trustee, has
hereunto caused it's corporate name TO
be subscribed and its corporate seal to
be affixed this fifteenth day of Janu-
AIRY, 1916, by its proper officers there
unto duly authorized.
PEOPLES LOAN AND TRUST COM
PANY,
Corporate seaD BY J. c. ODELL,
President.
BY r. l.. McCREA,
Assistant Secretary. MondFeb14