Imperial Valley press., 1922-04-03
NOTICE OF TRUSTEES SALE

WHEREAS by that certain deed of
trust, dated May 18th, 1919 by Bonni-
bel Welch and Edmund Welch, wife
and husband, parties of the first part,
and the PIONEER ABSTRACT AND
TITLE GUARANTY COMPANY, u
corporation, under the laws of the
ond part, and Euclid Savings Bank,
corporation, party Of the third part,
and recorded in Book 14s, page 115 of
Deeds, and following, records of the
County Recorder s office of the Coun-
ty of Imperial, State of California, to
which reference is hereby made, said
first parties did grant and convey the
premises therein described together
with all appurtenances, water rights
and rights of way, including all shares
of which Urustor has any interest, of
the Capital Stock of any Water Com
pany, the water represented by which
stock is used on or is in anywise appur-
tenant to aforesaid premises, to the
Pioneer Abstract and Title Guaranty
Company, a corporation, as Trustee for
the uses and purposes set forth in said
deed of trust among other things to
secure the payment of certain note
and interest accruing according to the
terms Of said note, and the sums of
money advanced and interest thereon;
the same being made payable to the
said party of the third part, and
WHEREAS it is provided in said
deed of trust and said note among
other things, that if default shall be
made in the payment OF any of said
| ,pfn
money advanced in the manner stipu
lated in said note and deed of trust,
that said party of the third part, or
assigns, may declare all of the indebt-
edness secured by said deed of trust
due and payable at once without notice,
and the party of the second part may
Sell the premises and water stock IS
granted i'll said deed of trust in order
to accomplish the objects and purposes
of said trust; and
WHEREAS the said parties of the
first part made default in the payment
of interest and principal due under the
terms of said promissory note and SAID
deed of trust, and in the repayment
of advances made by the party of the
third part, and by reason of such de-
fault, the Euclid Savings Bank, a cor
poration, party of the third part, the
owner and holder of said note did eXcr-
else its option, and did declare the
whole amount of the indebtedness dlc
and immediately payable, and did de-
mand in writing that the said Trustee
proceed to sell said premises granted by
said deed of trust according to the
terms and conditions thereof; and
IN
provisions of Section 1924 of the Civil
Code of the State Of California, said
Euclid Savings Bank, Il corporation
the owner and holder of said note and
deed Of trust, did ON the 18th day of
October, 1921 cause to be recorded in
| the office of the County Recorder of
! Imperial County, notice of ssuch de
fault and of its election to cause the
property described in said deed of
trust to be sold in accordance with the
provisions. thereof to satisfy said in
debtcdncss, which notice of default
and election, to sell was recorded in
Book 7, page 334 of Miscellaneous
records, records of the County Record
cr's office of the Coraty of Imperial,
State of California, and
| WHEREAS more tlan thrcc 60
months has elapsed since the recorda-
tion of said notice and there now re-
mains due and unpaid to the party OF
the third part, the Euclid Savings
Bank, IL corporation, as aforesaid, the
sum of Sixteen Thousand One Hun
dred Seventy Dollars and Seventy
four cents ($16,l74.74) and accruing
interest and costs in accordance with
tic provisions Of said trust decd
NOW THEREFORE, NOTICE is
HEREBY GIVEN that the under
signed by virtue of the authority vest
ed in it as Trustee will sell at p',blic
auction to the highest bidter for cash,
gold coin of the United States on the
ith day of April 1922, at the hour of
ten clock a. IN. of said date at the
front entrance to the Court House in
the City of FL Ccutro, Count of I'M
perial State of California, I'll of the