Imperial Valley press., 1922-10-16

rights, and that the repayment of any
such sum so expended or advanced
with interest thereon shall be secured
by said Deed of Trust; and
WHEREAS, the holder of said notes
was required to and did pay and ad-
vance the sum of 100000 for inter
est due and unpaid on prior encum-
brance on said property, and was re-
quired to and did pay and advance the
sum of $1,000 for premiums due on
fire insurance policies covering the
buildings located on land described in
said Deed of Trust, ard was required
to and did pay and advance the sum
of $5S2.00 in payment of delinquent
assessments on water stock appurten-
ant to the land in said Deed of Trust
described and was required to and did
pay and advance the sum of $1,000 to
cover the cost of water. furnished to
the property described in said Deed o.
Trust, and maKi1ig a total of $1S62.00
paid and advanced under the provisions
of said Deed of Trust. by the holder OF
said notes, and
WHEREAS, default was -urther
made in the reravment of said sum OF
$1S6200 so palu and advanced, al
though demanded. no part of which
has been paid, nor was the time of
payment thereof extended, and
WHEREAS, the holder Of said notes
has elected to and has declared by
reason of the defaults as hereinabove
set forth, the whole sum of unpaid
principal together with interest there
on, due and payable, and has elected
TO cause the property described in said
Deed of Trust to be sold in accordance
with the provisions thereof TO satisfy
said obligations, and
WHEREAS, in accordance with the
provisions of Section 1924 of the Civil
Code of the State of California, said
THORNE-HIL INVESTMENT COM
PANY, a corporation, the owner and
holder of said notes and Deed of Trust,
caused to be recorded in the office of
the County Recorder of Imperial Coun-
ty, Notice of such default in the pay
ment of interest 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 obligations, which notice of de,
June II, 1922, and duly recorded on
June 81, 1922, in Book 8, Page 3S7 of
Mise. Records, Imperial County, Cali
fornia, and
WHEREAS, said Deed of Trust pro-
vides that in case breach or default
be made in the performance of any
obligations for which the Trust Deed
is a security, the Trustee shall give
notice and sell so much of the property
as shall be necessary to satisfy the in
debtedness secured thereby, and
WHEREAS, the THORNE-HILL IN
VESTMENT COMPANY, a corpora
ton by reason Of default in the pay
mcnts as above stated has requested
the Security Trust & Savings Bank +"
give notice and sell said property, OF
so much thereof as it shall be necessary
to sell, to pay all tho Indebtedness Sc
cured thereby, and the expenses in,
Cured, necessary to the execution of
said trust.
NOW, THEREFORE,, notice is here
by given that the undersigned by vir
tue of the authority vested III. it, as
Trustee, under said Deed of Trust, viii
sell at public auction to the highest
bidder for cash in gold coin of the
United States, of the present standard,
on Tuesday, the 18th day of October,
1922, at the hour of 10 Il. IN. of said
date at the west front entrance of the
County Court House, in the City of Los
Angeles, County of Los Angeles, State
of California, all the interest conveyed
to it by said Deed of Trust i'll and to
that certain real property therein des
cribcd as follows:
Tract No. Fifty-six (56), Town
ship Fifteen (15) South Range
Twelve Q2) East, S. B. j. & M,
containing 200 acres, more or less,
according to u. 5. Government
Survey, said property being situate
in the County of, Imperial, State of
California, 49,, ~ -
Or such part as will be necessary
to pay the total ainount of the prin-
cipal unpaid to-wit: $4,000, together
with interest on $4,000 of same at the
rate Of ago pes annunl from Deeeni-
bcr |, 1920 to December !, 1921 aud
thereafter at the rate of S9o per annum