Imperial Valley press., 1916-02-03
NOTICE OF TRUSTEE'S SALE.

whereas, A. j. Granger and Clara
A Granger, his Wife, by deed OF trust
and recorded on the twenty fourth day
of June 1914, in Book 81 of Deeds, at
Page 70 thereof, records of Imperial
County, California, did grant ana con
yey the premises therein and herein
after described to the Peoples Loan
and Trust Company, corporation, as
trustee, and did pledge siNty-tour tof1
shares of water stock located upon sald
land, to secure four tD certain promis-
sory notes executed by a. j. Granger
and Clara A. Granger. being for one
thousand dollars t$1,O0O.Go), one thou
sand dollars ($1,000.00), one thousand
dollars ($l,000.o0) and thirteen nun
dred dollars ($1,30o.0O, respectively,
all dated January /, 1914, payable on
three go years and four CA. years
after date, respectively, with interest
at the rate of seven 90 per cent per
annum, payable semi annually, and
payable to Moses L. Grove, or order;
also to secure any other sums, with IN
terest, that may be advanced or that
may become due under the terms OF
said deed of trust, and
Whereas, said deed of trust provides
that in case default shall be made in
the payment of any sums of princlpal
shall sell the property thereby granted
on demand of the owner and holder or
said notes, and
Whereas said notes and each of them
in the payment of any install lment of
Interest when due, then the whole sum
of principal and interest shall become
Iimm ediatcly due and payable at the
option of the holder of said notes. and
Whereas, no part of the principal and
interest of any of said notes has been
paid except that the note due on or
ibefore one % year after date has been
paid in full and except that the inter
Iest on the three go remaining notes
has been paid to February IS, 1915, but
Il Il in, thn nN,f
lof the semi annual installment of in
Iterest due on each of said notes re-
naming unpaid on July 1, 1915, and
has exercised his option and declared
the whole amount of the three go re
naming notes to be due and payable,
land
Whereas. said Moses p. Grove has
declared that default has been made
under said notes and deed of trust as
aforesaid and the principal of Note
Iof Note No. for one thousand dollars
Isl. 100000, and of Note No. for thir-
teen hundred dollars t$l,3OOQO), to-
gether with interest thereon from Feb
lruary 10, 1918 is now owing and un-
paid according to the provisions OF
said deed of trust, and has demanded
land requested that said trustee shall
Isell the property conveyed by said deed
of trust to accomplish the object of
lsaid trust herein expressed and in ac-
Icordance with the provisions of said
UGeu or
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 Uniteb
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
. Imperial, State of California;:
fifteen 05) South, Range thirteen Q3)
East, S. B. NJ, containing eighty (So)
acres, according to government sur
proved March il, 1903. and filed June
Is, 1909. in the United States Land Of
flee at Los Angeles, California, togeth-
er with said sixty-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
have been advanced. with interest, to
protect the interests of this trust. the
Expenses of sale and tho expenses Of
this trust in the sum of two hundred
dollars ($20O.OO). 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
ary, 1916, by its proper officers there
PEOPLES LOAN AND TRUsT COM
| PANY,
corporate seaD BY J. c. oDELL.
| President.
! BY r. L. McCREA,
Assistant Secretary. MondFeb14