Imperial Valley press., 1922-05-23
NOTICE OF TRUSTEES SALE

WHEREAS, by Deed of Trust dated
August 26, 1920, and recorded Septem-
Der 3, 1920, in Book 172, page 1S2 of
Deeds, records of Imperial County,
California, Grover c. Kemp and Maudie
E. Kemp, his wife, did grant and
convey the property therein and here
matter described to The Peoples Alb
stract and Title Company, corpora
tion, of Ell Centre, California, as
Trustee, to secure among other things
the payment of one certain promissory
note dated August 28, 1920, for the sum
OF $29OO.O0, due four years after date,
bearing interest at the rate of eight
per cent per annum, payable semi
annually. made payable to and deliv-
cred to Ernest Stuck, and
WHEREAS, said note and security
has been duly assigned to O. G. Horne,
the present owner and holder of said
note, and
WHEREAS, said Trust Deed pro-
vides that if default shall be made in
the payment of any sums therein pro-
vided to be paid or repair, or in any of
the obligations thereof, or in. the pay
ment of any sums of principal or inter
est OF said promissory note when due,
then said Trustee on written demand
shall sell the property thereby grant
ed, or such part thereof as it may
deem necessary to accomplish the OBJ.
.ject of said Deed of Trust expressed
and
WHEREAS, default has been made
under said Deed Of Trust in this that
the interest due and payable on said
! promissory note on to-wit, February 2S,
1921, was not paid when due and still
remains due and unpaid, and by reason
of said default the said owner and
holder of said note has declared the
entire sum of principal and interest i'm
mediately due and payable, and has
demanded in writing that the Trustee
proceed to sell said premises in order
to satisfy the obligation OF said Trust,
after notice has been given as in said
Trust Deed provided, and
WHEREAS, pursuant to the terms of
said Trust, Deed, Notice of Default
and Election to Sell under Deed of
Trust, dated January II, 1929, was re-
corded January 16, 1922, in Book T.,
page 395 of Miscellaneous Records,
records of Imperial County.
NOW THEREFORE, pursuant to said
Declaration of Default, demand for
sale and the authority in it vested by
virtue of the said Trust Deed, the said
Trustee will, on Wednesday, May 81,
1922, at the hour of Ten clock A. M.
of said day, at the front or main en-
trance of the Imperial County Court
House, in the City of Ell Centre, Cali
fornia, sell at public auction, to the
highest bidder, for cash, in Gold Coin
of the United States, all the interest
to it conveyed by said Deed of Trust
in and to that certain property situate
in the County of Imperial, State Of
California, described as follows, to-wit:
That portion of Tract Forty eight
.(4S), Township Sixteen (16) South,
Range Fourteen (14) East $. b. NJ,
in the County of Imperial, State of
California, as per Map of the re-
survey approved and filed in the Unit
ed States Land Office at Los Angeles, |
California, formerly known as the
Northeast Quarter of the Northeast
Quarter (NEH of NEh) of Section
Twenty five (25), Township Sixteen
Q6) South, Range Fourteen (14) East,
S. b. NJ, also shown as the East 40 |
acres of Lot 4 of record Survey of
the South 1880 acres of the East 2040 |
acres of said Tract 4S, filed in the of |
flee of the County Recorder of Imper
ial County.
Together with 1'lirty-two (32) shares
of the Capital Stock of Imperial |
Water Company No. l.
In order to satisfy the indebtedness !
secured thereby, together with costs
of sale, including Trustee s fec.
IN WITNESS WHEREOF, The
Peoples Abstract and Title Company
has authorized this notice and caused |