Imperial Valley press., 1922-12-26
NOTICE oF TRUSTEES SALE


NOTICE oF TRUSTEES SALE
WHEREAS, by Deed of Trust dat
ed October 10, 1915, and recorded
October 28, 1915, in Book 90, Page
419 of Deeds, Records of Imperial
County, California, Frank A. Benton
and Fannie Lou Benton, his wife,
T did grant and convey the property
therein and hereinafter described,
to C. L. PARIS, Of Ell Centro, Cali
fornia, rs Trustee, to secure among
other things the payment fonc GER
| tain promissory note of even date
Herewith, for the sum of Twelve
Thousand Five Hundred Dollars
02,500.00), payable on or before ten
years after date bearing interest
from October 10, 1916, until Octo-
Der 10, 1913, at the rate of six per
tober 10, 1918, to October 10, 1920,
at the rate Of seven per cent (79o)
per annum, and from October 10,
1920 until the principal of the note
is all. paid, at the rate of eight per
! cent $50 per annum, payable quar-
terly, which Note was made payable
and delivered to w. f. HOLT, and
WHEREAS said Promissory Note
together with the security has been
| duly assigned, endorsed, and deliv-
cred, for II valuable consideration
Ito A. G. HUBBARD, the present
owner and holder of said Note, and
| WHEREAS, Il portion of the prop
cry secured by said Trust Deed, to-
wit:
The Northwest quarter, Of the
Northeast quarter (NW u of NE
! ~, and Lot Two (2), of Section
Twenty eight, (28), Township Fif-
teen (l5) South Rrangc Twelve
t12) East, S. B. NJ,
therein described has been recon
vcyed, ana released from the terms
of said Deed of Trust, and is no
i longer II security for the indebted
ness thereby referred to, and
WHEREAS, the said owiier and
holder Of said Promissory Note, in
! order to protect the interest Of the
trust and pursuant to the terms of
the same, has been compelled to,
and has advanced the following
items, TO wit:
June q, 1921, for Imperial
Irrigation District Taxes
the sum of .,...,.....,.-...,..,.....,.$2G3.55
July 50, 1921, for Assessment
to Imperia Wlatcr Co. No.
I l2 .-..........-.......................... 5000
Oct, 7, 1921, for Assessment
to Imperial Water Co. No.
II .,....,-.,-..,..,,.....,...,- 9G.00
Dee. 6, 1921, for Assessment
to Imperial Water Co. No.
II ....-......,......-.,-..........,.....,.. $500
Mar. l.. 1922, for Assessment
to Imperial Water Co. N.
IL .........................-............. $500
/ April II, lD22, for End half
, of State and County Faxes 1888
June 26, 1922, for Imperial lr-
rigation District TaXcs...... 5I.37
June 2S, 1922, for Assessment
Imperial Water Go. No. II $500
Sept. II, 1922, for Imperial
Water Co, n. - (Scrvice) 800
Nov. 2f, 1922, for last half
state and County Takes. 9390
Nov. a, 1922 for 1st half of
Imprcial Irrigation District
Taxes 1lG.1J
all of which sums are secured by
said Deed of Trust, adm bear inter
est ut. the ratio of eight per cent
! (Sfo) per aunum from the date such
davanccmCnts were made, and which
said adVanccmentS have not been
! il hNr l,n
Deed, and
WllEREAS( said Trust Deed pro
vidcs, that if default shall be made
! in the payment of any sums therein
provided to be paid or repaid or in
any of the obligations thereof, then
] said Trustee, on written demand,
Shall sell the property thereby grant
ed, or such part thereof as he shall
deem necessary to accomplish the
objects of said Trust Deed, and
WHEREAS, default has been
made under the ferns of said Deed
of Trust, in this, that the interest
due and payable October 10, 1920,
was not paid when due, and still re-
mains due and unpaid, together with
all subsequent installments of in
tcrest, and also the advaneements
above set forth have not been re-
paid, and still remain due and un-
paid, together with interest thereon
as heroinhefore stated, and by rca-
son of said defaults the said owner
and holder of said Pronissory Note
has declared the entire sum of prin-
eipal and interest Immediately due
and payable, and pursuant to the
terms of said Trust Deed has de
mandcd in writing that the Trustee
proceed to sell the property in said
Deed of Truss described in order to
accomplish the objects Of said Deed
of Trust expressed,
NOW, THEREFORE,, pursuant to
said defaults, election, demand for
sale, and the authority in me vested,
| NOTICE is HEREBY GIVEN, that
] will on the 9th day Of December,
1922, at the hour of Ten o. clock A.
M. of said day, ut the front or main
entrance to the Imperial County
Court House, in the City of I'll Sen
tro, County of Imperial, State of
California, sell at public auction to
the highest and best bidder, for, cash
in gol dcoin of the United States,
all f the interest to me conveyed
by said Deed of Trust, as security
for said indebtedness, described as
follows:
The South half $50 of the South,
! west quarter (SWH), and Lot Seven
m all In S,poi ion frb,,oo 10Y rPo,,.,,