Imperial Valley press., 1916-01-17
NOTICE OF TRUSTEES SALE.

Whereas, A. J. Grainger and Clara
A Grainger his wife, by deed of trust
dated the first day of January, l9l4,
and recorded on the twenty fourth day
of June, 1914, in Book 81 of Deeds, at
Page 10 thereof, records of Imperial
County, California, did grant and con-
vey the premises therein and herein
after described to the Peoples Loan
and Trust Company, corporation, as
trustee, and did pledge sixty-four (64)
shares of water stock located upon sad
land to secure four (4) certain promis-
sorry notes executed by a. j. Granger
and Clara A. Granger, being for one
thousand dollars ($l,OO00O), one thou-
sand dollars ($1,oo0.Oo), one thousand
drcd dollars ($1,300.0W, respectively
all dated January 1, 1914, payable on
or before one % year, two t2) years,
three t3) years and four l42 years
after date, respectively, with interest
at the rate of seven 90 per cent per
annum, payable semi annually, and
payable to Moses p. Grove, or order;
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 trustees
shall sell the property thereby granted
on demand of the owner and holder OF
said notes, and
whereas. said notes and each of them
provide that in case default be made
in the payment of any installment of
interest when due, then the whole sum
Of principal and interest shall become
imme edately 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 that the note due or
before one CD year after date has been
paid in full and except that the inter
est on the three go remaining notes
has been paid to February Is, 1915, but
default has been made in the payment
of the semi annual installment of in
naming 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 go 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 qf trust as
aforesaid and the principal of Note
No. for one thousand dollars 1,000,0O) +,
of Note No. 3.for one thousand dollars
tS1.000.00), and of Note No. for thir-
teen hundred dollars (S1,3O0.0O), 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-
deed of trust;
Now, Therefore, Notice is hereby Civ
en- by the undersigned that it will by
virtue of the authority vested in it as
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 FL 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
lmnerial, state of California:
Tract seventy-five (75, Township
fifteen Q5) South, Range thirteen as
East, :. II. NJ, containing eighty 500
vey. as per map Of the resurvey ap-
proved March Is. 1909, and filed June
Is. 1909. in the United states Land Of
flee at Los Angeles, California, togeth-
er with said siNty-four (64) 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
nave 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 ,S200.00. 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
PHoPl ES LOAN AND TRUST COM
PANY
Corporate seaD BY j. c. ODELL,
By Il. L. McCREA,
Assistant Secretary MondFeb14