Imperial Valley press., 1922-01-31
NOTICE OF TRUSTEES SALE

WHEREAS, by a Deed of Trust,
dated July 2S, 1917, recorded August
%, 1917, in book .121, page 451, of
Deeds, Records Of Imperial County
california, to which record reference
is hereby made, L. H. Sherman and
amy j. Sherman, his wife, did grant
and convey the property therein and
1erelnafter described to the TITLE
GUARANTEE AND TRUST COM
PANI, as trustee, to secure, among
other things, the payment of one GER
ain promissory note, in favor of Fl
1elity Savings and Loan Association,
L 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
oeen obliged to and has paid out and
advanced the sum of S1O42.86 for the
purpose of protecting the interests of
said trust, all of said payments and
advancements having bcc1 made in
accordance with the prov III of said
crust deed, and bein~ Il there
oy; and
WHEREAS, there has been a de-
-ault IN the payment of the annual in
'tallment of principal due and pay
able on said note May l, 1920 and all
subsequent annual installn7ents of
principal, and a default in the pay
nent of all interest due and payaptc
n said note subsequent to Nav /,
-S21, and a default in the payment OF
he money advanced in accordance
With the provisions CT said trust deed
md Of interest due and payable there
IN, and by reason of such defaults
'aid Fidelity Savings and Loan Asso-
;lation, the owner and holder of said
iote and trust deed, in accordance
With the provisions thereof, on to-
Wit, September l, 1921. exercised its
option ond declared the full amount
II tho indebtedness secured by said
crust deed immediatelv due and pay
able, there being the total sum of
S12,745 % now due AMI unpaid; and
WHEREAS. in accordance with the
provisions of Section 1924 Of the Civil
Code of the State of California, said
Fidelity Sovirgs 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 2 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, III accordance with the provi-
sions tho~eof, to satisfy said obliga-
cion, which notice of default and cleo
ton to sell was duly recorded in
Book s, page 332, Miscellaneous Rec
ords of said Imperial County; and
WHEREAS, said Trust Deed pro-
vides that, if there is default in the
payment of any of the sums secured
thereby, upon application of the hold
er of said note the trustee shall give
lOtico and sell so much of the prop-
arty as shall he necessary to satisfy
the Indebtedness secured thereby.
WHEREAS, said Fidelity Savings
and Loan Association, by reason of
he default in payments as stated, has
requested the TITLE GUARANTEE
AND TRUST COMPANY to give no.
tice and to sell said property, or sol
much thereof as hall be necessary to
sell, to pay all the Indebtedness Sc
cured and expenses incurred neces-
sary to the execution of said trust.
NOW THEREFORE,, notice is here
by given that the TITLE GUARAN-
TEE AND TRUST COMPANY by vir-
tue of the authority vested in it as
Trustee, will sell at nublic auction, to
the highest bidder, for cash in gold
coin, on the 9TH day of February, 1922,
at the hour Of y o'clock M. of said
day at the front entrance of the Court
House in the City of III Centre, Coun-
ty of Imperial, State of California, all