Imperial Valley press., 1916-01-24
LOSSES SURELY PREVENTED
NOTICE OF TRUSTEES SALE.

Whereas A. J. Grai finger and Clara
A Granger, his wife, by deed of trus,
dated the first day of January, 1914
and recorded on the twenty fourth day
of June, 1914, in Book 81 of Deeds, al
Page 10 thereof, records of Imperial
County, California, did grant and con-
Ivey the premises therein and herein
latter described to the Peoples Loan
and Trust Company, a corporation, as
trustee, and did pledge sixty -four (6D
shares of water stock located upon said
land, to secure four 90 certain promis-
sorry notes executed by a. ]. Granger
and Clara A. Granger, being for one
thousand dollars (S1,O0O.00), one thou
SAND dollars Ia 6oo 'Sdooooo} S6 one thousand
dred dollars (s1,Soo.OO), respectively
all dated January 1, 1914 payable on
or before one % year, two CD years
three go years and four 4) years
at the rate of seven (O 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 til EN-
lprovide that in case default be made
lin 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 that the note due on or
before one (D year after date has been
paid in full and except that the inter
est on the three t3) remaining notes
has been paid to February Is, 1915, but
default has been made in the payment
of the semi annual installment of in
tcrest due on each of said notes re-
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 (3) 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
No for one thousand dollars (S1, 100000 i.
OF Note No. ) for one thousand dollars
t$l000oOD, and of Note No 4 for thir-
teen hundred dollars tS1,3OO.00), 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
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
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
- tTn in, ha
~ 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-fivc (75J. Township
fifteen Q5) South, Range thirteen Q3)
East, S. b. NJ, containing eighty 800
acres, according to government sur
proved March 10, 1909, and filed June
Is, 1909, in the United states Land Of
flee at Los Angeles, California, togeth-
er with said sixty-fOur (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. tho
expenses of sale and tho expenses of
this trust IN the sum of two hundred
dollars tS2o0.OO. Terms of sale, cash,
in United states gold coin.
In Witness Whereof. Said PEOPLES
Loan and Trust Company, trustee, has
hereunto caused its corporate name 10
be subscribed and it's corporate seal to
be affixed this fifteenth day of Jant,-
AIRY, 1916, by its proper officers there
unto duly authorized
PEOPLES LOAN AND TRUST COM
PANY,
Corporate ScaD BY j. C. ODEIL,
President.
BY Il. l., MCCREA
Assistant Secretary. MondFeb14