Imperial Valley press., 1923-09-04
NOTICE OF TRUSTEES SALE

WHEREAS, by Deed of Trust
dated June 20, 1920, and recorded
July . 10, 1920, in Book 16S, Page
81 of Deeds, Records of Imperial
County, California, Percy l.. Echols,
single man, did grant and convey
the property therein and hereinaf-
ter described to THE PEOPLES
ABSTRACT AND TITLE COM
PA.NY, a corporation of Ell Centre,
California, as Trustee, to secure
among other things, the payment
of one certain Promissory Note Of
even date Herewith, for Three
Hundred Dollars ($300.00), payable
six months after date, with inter
est from date thereof at the rate
of 1919 per annum, payable quar-
terly, which said Promissory Note
and Deed of Trust were made pay
able and delivered to First Ma
tional Bank of Ell Centre, the pre-
sent owner and holder of said Pro-
missory Note and Deed OF Trust,
and
Whereas, the said owner and
holder of said Promissory Note and
Deed of Trust, in order to protect
the interest of the Trust and pur-
suant to the terms Of the same, has
been obliged to, and has advanced
on June %, 1921, the total sum
of Thirty-three and 9100 Dollars
($33.09) on account of State and
County, FL Centre City, and In
perial Irrigation District Taxes,
which advancement is secured by
said Deed of Trust and bears in
terest at the rate Of 14Ty per an
mum, from the date of advance
ment, and
Whereas, default has been made
and breach has occurred in the
obligations for which said Deed of
Trust is security, in this: That
the principal sum Of said Prcinis-
sorry Note was not paid when due,
on towit: December 80, 1920, and
still remains due ana unpaid, and
paid on said Promissory Note since
October s, 1920, and also in that
the above advancement has not
been repaid, together with interest
thereon; and by reason Of said de-
faults, the said owner and holder
of said Promissory Note and Deed
of Trust has declared the entire
sum of principal and interest imme-
diatel.v due and payable, and
Whereas, said Deed Of Trust pro-
vides, that if default be made in
the payment Of any sums therein
provided to be paid or repaid, or in
any of the obligations thereof, or
in the payment of any sums of
principal or interest of said Pro-
missory Note when due, then said
Trustee on written demand by the
party of the third part, but without
demand on the party of the first
part, and after notice as therein
provided has been given, shall sell
said property or such part thereof
as it shall deem necessary to ac-
complish the objects of said Trust,
and
Whereas, the said owner and
holder of said Promissory Note and
Deed of Trust, pursuant to Sec
ton 1924 of the Civil Code of the
State of California, and the provi-
sions of said Deed of Trust, did,
on the .5th day of May, 1923, cause
to be recorded in the office of the
County Recorder Of Imperial Coun-
ty, California, notice of default
and election to sell under said Deed
of Trust, which said Notice was re-
corded in Book 10, Page 130 of
Miscellaneous Records, Records of
Imperial County, California, and
Whereas, demand in writing has
been made that said Trustee, after
notice has been given as in said
Deed of Trust, proceed to sell the
! property in said Deed of Trust des-
cribed, in order to satisfy the obli-
cations in said Deed of Trust ex-
pressed, and
Whereas, more than ninety days
have elapsed since the recordation
of said Notice in the office of the
County Recorder of Imperial Coun-
ty, in said Deed of Trust provided.
NOW THEREFORE, pursuant to
tsaid defaults, election, demand for