Imperial Valley press., 1916-05-22
NOTICE or TRUSTEES SALE

NOTICE OF TRUSTEES SALE
WHEREAS, in a certain Deed of
Trust, dated September 23, 1914, exc
cuted at Imperial County, California,
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, 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, a
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 CT
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, cor
poration, the party Of the Bird 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 $8200.00.
as evidenced by its promlssory note
dated December 10th, 1915, due on or
before ninety days after date, all of
said payments and advancements hav-
Il do wit
provisions of said trust deed and be-
ing secured thereby; and
Whereas, there has been 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,
and a default in the payment OF the
money advanced and all interest due
and payable thereon, and default i'll
the payment of the fines levied in &C
cordance with the provisions Of the by
laws of said Fidelity Savings and Loan
Association, and by reason of such de
faults having continued fer period
of more than thirty days prior to May
End, 1916, said Fidelity Savings and
Loan Association, the owner and hold
er 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 S0-lO0
Dollars $3.50, .S0) now due and un-
paid. .,r
Whereas, it is provided in said Trust
Deed that if there is default IN the
pavment of any Of the principal, m
terest, fines levied, or money advanced
for any purpose, mentioned as secured
bv said Deed, that upon application OF
the party of the 3rd part, or its as
signs. the party of the Ind part shall
give notice and sell the premises, or
AS much thereof as shall be necessary
to sell to pay the liabilities unpaid Sc
cured bv the said Trust Deed.
Whereas, said Fidelity Savings and
Loan Association, a corporation, the
holder of the note secured by said
Trust Deed, by reason OF the default
in payments as stated, has applied to
and requested the Title Guarantee and
Trust Company, party of the Ind part,
TO proceed and sell the granted prem
ises. or so much thereof as shall be ne
cessary to sell to pay the whole OF the
interest, money advanced,
fines levied. and interest thereon, attor-
nev; fees, and all costs, charges ana
expenses incurred necessary to the eX-
ecution of said trust, and
Whereas; said Title Guarantee and
Trust Company. has demanded pay
ment of said Bell Development Com
many. a corporation. of the sum Of
EIGHTY thousand eight hundred twenty
one and SO-1OO Dollars ($S0,82l.SO)
which sum remains due and unpaid.
Now therefore. notice is hereby Civ
on that the Title Guarantee and Trust
Companv, 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 houl
of % o'clock, NJ. of said day. at the
front entrance of the Court House IN
the city of FL Centro, County OF I'M
nerial. State of California, all the in
terest conveyed by said nartv OF the
LIST ,art. to the party of the Ind part
NV raid Trust Deed, in and to all the
following described property, to-Wit:
Lots nineteen G9) and twenty t20):
in block twenty-one (2D, of the tii' o.
Ell Contro, County Of imperial. St1ta q
California. as per ma0 No. 95@' REC
in the office of the County Ro"o"de'
of San Diego County, Ca'foH2la' O.
so much thereof as shall be r2e9212' y
10 nav the total amount e th" DIN
cipal. interest, fines levied, aivaNr. ~
charges, and costs accrued, amountinC,
TO the sum of Eightv-five thousond
and OO-10O Dollars ($85,OOO0O), due
and unpaid. ,,
In witness whereof the Title Guar"
antee and Trust Company has duiA
authorized this notice, by the SIGNATURE
of it's Vice-President, attested by th'
Secretary, who has affixed the Corpor'
ate Seal. at Los Angeles, California
this 3rd dav of Nav. 1916.
TITJE GUARANTEE AND TRUST
COMPANY.
Bv e. w. SARGENT. Vice-Pres
Attest A. f. MORLAN, Sec.
CORPORATE SEALo
Pub Mon. Nav 8, Is, %, % June D.