Imperial Valley press., 1922-05-13
NOTICE OF TRUSTEES SALE

WHEREAS, by Deed or trust,
dated July aS, 1917, recorded August
80, 1917, in book 121, page 451, of
Deeds, Records of Imperial County,
California, to which record reference
is hereby made, l.. II. Sherman and
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, among
other things, the payment of one GER
tain promissory note, in favor of FL
deity Savings and Loan Association,
a corporation, and other. sums of
money advanced and interest thereon.
WHEREAS, said Fidelity Saving
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 $1042.S6 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 thereby;
and
WHEREAS, there has been a de-
fault in the payment of the annual in
stallment of principal due and payable
on said note May l, 1920 and all sub
seuuent annual installments Of prin-
cipal, and a default in the payment
of all interest due and payable or.
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 thereon,
and by reason of such defaults said
Fidelity Savings and Loan Association,
the owner and holder of said note ard
trust deed, in accordance with the
provisions thereof, on, to-wit, ,Septem'
Der l, 1921, exercised its option, and
declared the full amount of the in
debtedness secured by said trust deed
Immediately due and payable, there
being the total sum of $l2, 1929 now
due and unpaid; and
WHEREAS, in accordance with the
provisions of Section 1924 of the Civil
Code of the State of California, said
Fidelity Savings and Loan Associa-
tion 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 elec-
tion to sell was duly recorded in Book
6, Page 332, Miscellaneous Records of
said Imperial County; and
WHEREAS, said Trust Deed pro-
vidcs that, if there is a default in the
payment of any of tho sums secured
thereby, upon application of the holder
Of said note, the trustee shall give
potice 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 TITLTE GUARANTEE
AND TRUST COMPANY to give no.
tice and to sell said property, or so
much thereof as shall be necessary to
sell, to pay all the Indebtedness Sc
cured and expenses incurred necessary
to the execution of said trust. g.,
NOW THEREFORE,, notice is here
bv given that the TITLE GUARAN-
TEE AND TRUST COMPANY by vir-
tuo of fha authoritv vested in IL nc