Imperial Valley press., 1922-01-25
NOTICE OF TRUSTEES SALE

NOTICE OF TRUSTEES SALE
WHEREAS, by a Deed of Trust,
dated July %, 1917, recorded August
20, 1917, in book 121, page 451, of
Deeds, Records of Imperial County.
California, to which record reference
is hereby made, L. H. Sherman and
i Amy J. Sherman, his wife, did grant
and. convey the property therein and
hereinafter described to the TITLE
GUARANTEE AND TRUST COM
PANY, as trustee, to secure, amsag
other things, the payment of one GER
tain promissory note, in favor of FL
deity Savings and Loan Association,
corporation, and other sums of
money advanced and interest thereon
! WHEREAS, said Fidelity Savings
and Loan Association, the owner and
holder of said note and trust deed, has
! been obliged to and has paid out and
advanced the sum of $10l2 .86 for the
purpose Of protecting the interests of
said trust, all of said payments and
advancements having been made in
, accordance with the provisions of said
trust deed, and being secured there
by; and
WHEREAS, there has been a de-
fault in the payment Of the annual in
stallment of principal due and pay
able on said note May /, 1920 and all
subsequent annual installments of
principal, and a default in the pay
ment of all interest due and payable
on said note subsequent to May l,
1921, and a default in the payment Of
the money advanced in accordance
with the provisions Of said trust deed
and of interest due and payable there
on, and by reason of such defaults
said Fidelity Savings and Loan Asso-
citation, the owner and holder of said
note and trust deed, in accordance
with the provisions thereof, on to-
wit, September |, 1921, exercised its
option and declared the full amount
fof the Indebtedness secured by said
trust deed immediately due and pay
able, there being the total sum of
$12,745.29 now due ami unpaid; and
WHEREAS. in accordance with the
provisions of Section 2924 of the Civil
Code of the State of California, said
Fidelity Savings and Loan Associa-
ton the owner and holder OF said note
and trust deed, on September 2, 1921.
caused to be recorded in the office Of
the County Recorder of said Imperial
County notice Of the default in the
payment of principal and interest and
of its election TO cause the property
described in said trust deed to be
sold, in accordance with the provi-
sions thereof, to satisfy said obliga-
ton, which notice of default and cleo
ton to sell was dulT recorded in
Book 6, page 332, Miscellaneous Rec
ords of said Imperial County; and
WHEREAS, said Trust Deed pro-
Ivides that, if there is q default in the
ipayment of any of the sums secured
thereby, upon application of the hold
er of said note. the trustee shall give
notice and sell SO much of the prop
erty as shall be necessary to satisfy
the Indebtedness secured thereby.
| WHEREAS, said Fidelity Savings
and Loan Association, by reason of
the default in payments as stated, has
requested the TITLE GUARANTEE
AND TRUST COMPANY to give no.
tice and to sell said property, or SO
sell, to pay all the Indebtedness Sc
anu cAptuSp5 IllCUIIttI UbCGS-
sary to the execution of said trust.
NOW THEREFORE,, notice is here
by given that the TITLE GUARAN-
TEE AND TRUST COMPANY by viz
tue of the authority vested in it as
Trustee, will sell at public auction, to
the highest bidder, for cash in gold
coin, on the 7th day of February, 1922,
at the hour Of II o'clock NJ. of said
day at the front entrance of the Court
House in the City Of Ell Centre, Coun-
ty Of Imperial, State of California, all
the interest conveyed to it by said
Trust Deed, in and to all the follow
ing described property, towit:
The East one-half lEH) of Tract
Forty three (43), in Township Fifteen
(15) South, Range Fourteen (14)
East, S. B. B. NJ, in the County Of
Imperial, State of California;
Together with one hundred twenty
eight (128) shares of water stock in
Imperial Water Company Number
One () or so much thereof as shall
be necessary to pay the total amount
of the principal, interest, advances,
charges and costs, amounting to the
sum of Fourteen Thousand and 00-100
Dollars ($14,000.00), due and unpaid.
IN WITNESS WHEREOF, the
TITLE GUARANTEE AND TRUST
COMPANY has duly authorized this
notice, by the signature of its Vice
President, attested by its Assistant
Secretary, who has affixed the Cor
porate Seal, at Los Angeles, Califor-
MIA, this 3rd day Of January, 1922.
TITLE GUARANTEE AND TRUST
COMPANY
Corporate SeaD
BY E. w. Sargent, Vice-President.
Attest A. Il. Killgore,
Assistant Secretary.