Imperial Valley press., 1923-03-14


made payable to and delivered to
The Union Central Life Insurance
Company, corporation; and
WHEREAS said Union Central
Life Insurance Company has been
ever since the execution of said
promissory notes and now is the
owner and holder thereof; and
WHEREAS said The Union Cen
trail Life Insurance Company in
order to preserve and protect its
security for the payment Of said
promissory notes and i'll the inter
est Of said trust and pursuant to
terms thereof, was compelled to
and did pay the following items at
the following times, to-wit:
Date Paid Item Amount
Dec. 12, 1921 Irrigation tax
1919-1920 .....-.......................$183.37
Dec. 12, 1921 State and coun-
ty taxes 1919-1920 .............. 164.47
Dec. 4, 1920 Assessment on
water stock hereinafter
mentioned .......,.........-........ 1000
May 4, 1921 Assessment on
water stock hereinafter
mentioned .............................. 1000
Aug. 16, 1921 Assessment on
water stock hereinafter
mentioned ......................... 4O.0O
Dee. 12, 1921 Assessment on
water stock hereinafter
mentioned ............................. 3O.2o
1noO
water stock hereinafter
mentioned .............--..-........-. 4O.O0
Aug. Is, 1922 Assessment on
water stock hereinafter
mentioned .....-.............-.......- 1925
Expenses on advancement of
taxes 200
all of which sums are secured by
said Deed of Trust and bear inter
est at the rate of 1870 per annum
from the time paid; and
WHEREAS said Deed of Trust
provides in effect that if default be
made in the payment of any sum or
sums therein provided to be paid or
repaid then said The Union Central
Life Insurance Company may at its
option declare the entire amount
secured thereby to be due and pay
able and thereupon and on demand
of said Union Central Life Insur-
ance Company said trustee shall
sell the property described therein,
or such part thereof as by said
trustee shall be deemed necessary
to accomplish the object of said
Deed of Trust; and
WHEREAS default has been
made under the terms of said Deed
of Trust in this: that the amortized
notes of $176.21 each due June 1st,
1921, and June LIST, 1922, respective
ly, were not paid and still remain
due and unpaid, together with in
terest subsequently accruing there
on; and neither have the payments
and advancements on account of
taxes and assessments as hereinbe-
fore set forth, been repaid, nor the
interest thereon as hereinbefore
stated, and by reason of said de
fault the said owner and holder of
said promissory notes has exercised
its option hereinbefore mentioned
and has declared due and payable
all of the sums and items hereinbe-
fore mentioned including principal
and interest thereon, and including
a balance on said total amortized
indebtedness in the sum of $1558.57,
together with interest thereon at the
rate of seven and one-half per cent
per annum from June 1st, 1922, to
the date of the payment thereof; !;
and in compliance with the law in
that behalf made and provided said
The Union Central Life Insura nee
Company gave its notice of said de-
fault or breach and of it's election
to sell or cause to be sold the said
property described in said deed of
trust and hereinafter described to
satisfy the said obligation thereof
and cause the same to be recorded
on the 30th day of September, 1922,
in the office of the Recorder of I'm
perial County, the county where
said trust property was and is stu.
ated; and pursuant to the terms of
said trust deed has demanded that
the said trustee proceed to sell the
property in said Decd of Trust
described in order to accomplish the
object of the said trust.
NOW, THEREFORE, by reason of
said defaults election, recorded
notice of intended sale, and demand
for sale and pursuant to the author
ity in me vested,
NOTICE a is HEREBY GIVEN
that | will on the 5th day of April,
1923, at the hour of ten clock A..
NJ. of said day in front of the Main
Street entrance to the County Court
House in the city of El Centre,
county of Imperial, state of Califor.
mia, sell at public auction to the
highest bidder for cash all of the
interest to me conveyed by said
Deed of Trust, described as follows:
All of that real property situ-
ated in the County of Imperial,
State of California. and further
described as follows:
The south 4s.54 acres Of thu
cast 1862 acres, Tract 103, in
Townships Is ard 16 South
Range IL East, s. B. NJ. accord
ing to plat Of the United States
Surveyor Generals 81 hrvey
authorized by Act Of Congress
(Act of July 1, 1902) and now
ON file in the United otates
Land Office at Los Angeles,
California, containing 1854
acres, more or less.
And also 50 shares of the cor
pOratc stock of Imnerial Wntnr