Imperial Valley press., 1923-03-09
NOTICE or TRUSTEE g SALE


dated April 10, 1920, and recorded
April 20, 1920, in Book l61, Page
239 Of Deeds, Records of Imperial
County, California. Mrs. F. z. Will
liams and D. D. Williams, her hus-
band, did grant and convey the
property therein and hereinafter
described to THE PEOPLES Alb
STRACT AND TITLE COMPANY,
corporation, of FL Centre, Cali
fornia, as Trustee, to secure, among
other things, the payment of one
certain Promissory Note for the
sum of Four Thousand Dollars
($40O0.O0), of even date Herewith,
payable in installments as follows:
Five Hundred Dollars ($500.00) on
April 10, 1922, and Thirty five
Hundred Dollars (s3500.00) on
April 10, 1923, bearing interest at
the rate of seven per cent (7%)
per annum, payable semi-annually
on deferred payments, which said
Note and Trust Deed were made in
favor of and delivered to The San
Diego Savings Bank, a corporation,
and
WHEREAS, The San Diego Saw
ings Bank, a corporation, has as
signed, transferred, endorsed, and
delivered to The First National
Bank of Ell Centre, California, all
of its right, title, and interest i'll
and to said Note and Trust Deed,
and the said The First National
Bank of Ell Centre, California, is
now the present owner and holder
of said Note and Trust Deed, and
WHEREAS, the said owner and
holder of said Note and Trust Deed,
in order to protect the interest Of
the Trust has been obliged, and
has paid and advanced the total
sum of Nine Hundred Seven and
72-1O0 Dollars ($907.72) on Novem-
Der 30, 1922, for State and Coun-
ty, and Imperial Irrigation District
Taxes, all Of which payments were
made pursuant to the terms Of said
Trust Deed, and are secured there
by, and bear interest at the rate
of seven per cent (7%) per annum,
from the date of advancements,
and said advancements have not
been repaid by the makers of said
Note and Trust Deed, and still re-
main due and unpaid, and
WHEREAS, default has been
made under the terms of said Trust
Deed, in this: that the interest due
and payable under the terms Of said
Note, ON to-wit: April 10, 1922, was
not paid when due, and still re-
mains due and unpaid, together
with all subsequent installments
of interest, and also the install
ment of principal due April 10,
1922, was not paid when due and
still remains due and unpaid,
and also, in that. the ad-
vancements above described have
mot been repaid, together with in
terest from the date of said adj
vancements, and by reason Of said
defaults, the said owner and hold
er Of said Note and Trust Deed has
declared a default under the terms
thereof, and declared the entire
sum of principal and interest, adj
vancements, and interest on adj
vancements, Immediately due and
payable, and
WHEREAS, said Trust Deed
provides, that if default shall be
made in the payment of any sums
therein provided to be paid or re-
paid, or in any Of the obligations
thereof, or in the payment of any
sum of principal or interest of
said Promissory Note, when due,
then said Trustee, on written de-
mand, and after notice as therein
provided has been given, shall sell
the property thereby granted, or
such part thereof as it shall deem
necessary to accomplish the OBJ
jects of said Trust, and
WHEREAS, pursuant to the
terms of said Trust Deed, said own
err and holder of said Note and
Trust Deed, did on the 9th day Of
November, 1922, demand in writing
that the Trustee, proceed to sell the
property in said Trust Deed describ-
ed, pursuant to the terms thereof,
and after notice has been given as
therein provided, in order to accom-
plish the objects of said Trust Deed
expressed, and
WHEREAS, the said owner and
holder of said Note and Trust Deed
did on the 9th day of November,
1922, pursuant to the terms of said
Trust Deed record in the office of
the County Recorder of Imperial
County, California, notice of de-
fault and election to sell under said
Trust Deed, which said notice was
recorded in Book 8, Page 50 of Mis-.
cellaneous Records, Records of I'm
perial County, California, and was
given pursuant to the terms of said
Trust Deed.
NOW THEREFORE, pursuant to
said defaults, election, and de-
mand for sale, notice is hereby Civ
en-, that said Trustee, will on the
31st day of March, 1928, at the hour
of Ten CLOCK A. NJ, of said day,
at the front or main entrance to
the Imperial County Court House,
in the City of FL Centre, Califor-
mia, sell at public auction to the
highest and best bidder for cash,
in gold coin of tho United States,
all of the interest to it conveyed by
said Trust Deed, in and to all that
certain real estate, situated in the
County of Imperial, State of Cali
fnrnia lnscrihed rs fnlinws fnwit .