Imperial Valley press., 1923-03-21

PAGE FIVE
convey the property therein and
hereinafter described to Louis Breil.
ling, as trustee, to secure among
other things the payment of twenty
promissory notes of even date there
with for the sum of $283.S9 each,
the fret thereof maturing June 1st,
1918, and one note maturing on June
LIST of each year successfully there
after, the last note maturing on
June 1st, 1887; said notes being
drawn On the amortization plan and
covering a principal indebtedess of
$2900.00 and each note bearing in
terest at the rate of seven per cent
pei annum from maturity until paid;
and all of said notes being made
payable to and delivered to The
Union Central Life Insurance Com.
pany, n corporatio and
WHEREAS said The Union Gen.
tral 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 or
der to preserve and protect. its Sc
curity for the payment Of said
promissory notes and in the interest
of said trust and pursuant to the
terms thereof, was compelled to and
did pay the following items at the
following times, to-wit:
Date Paid Item Amoun,
Dec. 12, 1921 Irrigation tax
l919-l92O ..-.......-............-..-.....SlS0.17
Dec. II 1921 State and
County taxes 1920. 164.46
Dee. 4, 1920 Assessment on
water stock hereinafter
mentioned ...-...................... $500
May 4, 1921 Assessment on
water stock hereinafter
mentioned ........................ $500
Aug. 16, 1921 Assessment on
water stock hereinafter
mentioned ..-.......--......-........ $500
Dec. IL, 1921 Assessment on
water stock hereinafter
mentioned -......-.................. 52.19
May II, 1922 Assessment on
water stock hereinafter
mentioned .-.-.................... $500
Aug. Is, 1922 Assessment on
water stock hereinafter
mentioned .-.......-.......-......... 1900
Expenses on advancement of
taxes .......................... zoo
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 Cen
trail Life Insurance Company may
at its option declare the entire
amount secured thereby to be due
and payable and thereupon and on
demand of said The Union Central
Life Insurance Company said trus-
tee shall sell the property described
therein or such part thereof as by
said trustee shall be deemed neces-
sary 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 $2S3.S9 each due June LIST.
1921, and June 1st, 1922, respective
ly, were not paid and still remains
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 herein.
before stated, and by reason Of said
default the said owner and holder
OF said promissory notes has exer-
cised its option hereinbeforc men.
toned and has declared due and
payable all of the sums and items
hereinbefore mentioned including
principal and interest thereon, and
including balance on said total
amortized indebtedness in the sum
OF $2oll.O3, together with interest
thereon at the rate of seven and
one-half per cent per annum from
June list, 1922, to the date of the
payment thereof; and in compliance
with the law in that behalf made
and provided said The Union Cen.
tral Life Insurance Company gave
It's notice of said default or breach
and of its election to sell or cause
to be sold the said property des-
cribed in said deed of trust and
hereinafter described to satisfy the
said obligation thereof and caused
the same to be recorded on the 30th
day of September, 1922, in the
offlce of the Recorder of Imperial
County, the county where said trust
property was and is situated; and
pursuant to the terms of said trust
deed has demanded that the said
trustee proceed to sell the property
in said Deed 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 Is HEREBY GIVEN
that l will on the 5th day of April,
1923, at the hour of 10 O'Clock A.
NJ. OF said day in front of the Main
Street entrance to the County Court
House in the city of FL Centre,
county of Imperial, state of Califor.
ma, sell at public auction to the
ht.wh L .