Imperial Valley press., 1922-05-11
NOTICE OF TRUSTEES SALE

w WHEREAS, by Dced or Trust,
dated July 28, 1917, recorded August
80, 1917, in book 121, page 451, of
Deeds, Records Of Imperial County,
California, to which record reference
is hereby made, H.. 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
corporation, and other sums OF
money advanced and interest thereon
WHEREAS, said Fidelity Saving
and Loan Association, theyowner and
holder Of said note and trust deed, has
been obliged to and has paid out and
advanced the sum of $1042.86 for thi
purpose of protecting the interests o1
said trust, all of said payments anC
advancements having been made il
accordance with the provisions of sale
trust deed, and being secured thereby
and
WHEREAS, there has been de
fault in, the payment of the annual in
stallment of principal due and payable
on said note May ], 1920 and all sub
sequent annual installments of prin
cipal, and default in the paynien
of all interest due and payable OF
said. note subsequent to May /, 1921
and default in the payment of th
money advanced lin accordance will
the provisions of said trust deed, an,
of interest due and payable thereon
and by reason Of ssuch defaults sal
! Fidelity Savings and Loan Association
the owner and holder of said note aEt
trust deed, in accordance with -th'
provisions thereof, on to-wit, Septem
Der l, 1921, exercised its option ant
declared the full amount of the in
debtedness secured by said trust deco
Immediately due and payable, there
being the total sum of $12,745.29 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 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 notiee-ef default and cleo
ton to sell was duly recorded i'll Book
6, Page 332, Miscellaneous Records 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 holder
of said note. the trustee shall give
notice and sell so much of the prop
crty 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.
ticc 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.
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