Imperial Valley press., 1922-02-15
NOTICE OF TRUSTEES SALE

WHEREAS, by 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 ano
Amy J. Sherman, his wife, did grant
and convey the property therein ana
hereinafter described TO the TITLE
GUARANTEED AND TRUST COM
PANY, as trustee, to secure, among
other things, the payment of one GER
tain promisscry 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 $1042.86 for the
purpose of protecting the interests of
said trust, all of said payments and
Announcements having been made in
accordance with the provisions of said
trust deed, and being secured there
by; and
WHEREAS, there has been 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 default in the pay
ment Of all interest due and payable
on said note subsequent to May !,
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 Fidellry Savings and Loan Asso-
citation, the owner and holder of said
note and trust deed, in accordagcc
with the provisions thereof, on to-
wit, September /, 1921, exercised its
option and declared the full amount
Of the indebtedness secured by sal@
trastedeed Immediately due and pay
able, there being the total sum cI
S12,74529 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-
ton the owner and holder OF SAID note
and trust deed, on September z, 1921.
caused to be recorded in the office or
the County Recorder Of said Imperial
County a 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
ton to sell was duly recorded III
Book 6, PAGE 332, Miscellaneous Rec
ords OF said Imperial County; and
WHEREAS, said Trust Deed pro-
vides that, if there is a default in the
payment of any Of the sums secured
thereby, upon application of the hold
cr OF said note, the trustee shall give
notice and sell so much of the prop
,aty 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
lice 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 neccs-
sary to the execution of said trust.
NOW THEREFORE,, notice is here
M given that the TITLE GUARAN-
TEE AND TRUST COMPANY hy vlr-
tue oi The authority vested in it as
IM-stee, viii sell al public auction, 70
tho hiEAoat bidder, for cash in gold
coin, on the Tth day of Febru2ry. 1922
at The hour Of II o'clock M, ol said