Imperial Valley press., 1923-06-14

(bTC) per dHHuiHf Inu lIOHl oclOD-
er 10, 1918, to October 10, 1920,
at the rate Of seven per cent (7c5l
per annum, and from October 10,
1920, until the principal Of the
Note is all paid at the rate Of eight
per cent (S%) per annum, payable
quarterly, which said Note was
made payable and delivered to W.
F. Holt, and
WHEREAS, said Promissory Note
and Deed of Trust, and the Water
Stock have been duly endorsed, IS.
signed, and delivered to A. G.. Hub
bard, the present owner and holder
of said Promissory Note and Deed
of Trust, and said Water Stock,
and
WHEREAS, the said owner and
holder of said Promissory Note and
Deed of Trust, in order to protect
said Trust has been obliged and
has advanced at various dates the
total sum of Sixteen Hundred
| Eightynine and 25-100 Dollars
(S1689.25,) on account of Taxes
and Water Assessments, all of
which affect the security of said
| Deed of Trust, and are secured
! thereby, and were made in accord
anee with the provisions of said
/ Deed of Trust, which said ad-
vances bear interest at the rate of
from the date of advaneements;
there being the total sum of Two
! Hundred Fiftyone and J4-100
Dollars ($251.54) interest on SAID
| advances due as of date June I,
1923, and
WHEREAS, a breach has occur
red in the obligations for which
said Deed of Trust is a security,
and default has been made under
the terms of said Note and Deed of
Trust, in this: that no interest has
been paid on said Note since Jan
uarv 10, 1920, EXCEPTING Seven
tv-jive Dollars ($7b.00) paid on
May II, 1920, and Thirty-five Dol
lars ($35.00) paid on June /, 1920;
and also, in that the advances
above described have not been re-
paid, which said advances bear in
terest at the rate of eight per cent
| (S%) per annum, from the date of
advancements; and by reason of
said defaults, the said owner and
holder of said Promissory Note and
Deed of Trust has declared the en-
/ tire sum of principal and interest
Immediately due and payable, and
WHEREAS, said Trust Deed pro-
vides, in case default shall be made
in the payment of any sums therein
provided to be paid or repaid, or
in any of the obligations thereof,
then said Trustee, on written de-
mand, and after notice as therein
provided has been given, shall sell
the property thereby conveyed, or
such part thereof as it shall deem
necessary to accomplish the objects
of said Trust, and
! WHEREAS, said owner and hold
| er of said Promissory Note and
Deed of Trust did ON the 5th day
! of March, 1923, record in the of
| flee of the County Recorder of I'M
perial County, California, notice
| of default under the terms of said
! Trust Deed, and of it's election to
cause the property therein describ
ed to be sold to satisfy said obi
| cation as in said Deed of Trust
/ provided, which said Notice was
recorded in Book 9, Page 222 of
Miscellaneous Records, Records of
said Imperial County, land
WHEREAS, said owner and hold
er of said Promissory Note and
Deed of Trust has demanded /. in
/ th,4 hn
sell the property in said Deed of
! Trust described, or so much there
/ of as may be necessary i'll order 10
accomplish the objects of said Deed
of Trust expressed, and after no
tice has been given as in said Deed
of Trust provided, and
4 WHEREAS, more than ninety
! (9O) days have elapsed since the
/ recordatoin of said notice in the of
flee of the County Recorder of I'M
! perial County, as in said Deed of
Trust provided.
NOW THEREFORE,, pursuant to
/ said defaults, election, demand for
/ sale, and the authority in it veSteo,
NOTICE IS HEREBY GIVEN, that
said Trustee, will on the 9th day
! of July, 1923, at the hour of Ten
( o clock A. NJ, of said day, at the
front or main entrance to the I'm.
| perial County Court House, situat-
ed in the City of Ell Centre, Cali
fornia, sell at public auction to the
highest and best bidder, for cash in
gold coin of the United States, all
of the interest to it conveyed by
said Deed of Trust, in and to that
certain property situated in the
County of Imperial, State of Cali.
tornia, described as follows, towit:
Lots Five (5) and Six (6),
of Section Two (2), and Lots
Five (5) and Six (6) and the
South half of the Southeast
quarter (S1a of SEA of See
tion Three (3), Township Six
teen (16) South, Range Twelve
(l2) East, s. b. NJ, according
to the Supplemental Map of
the resurvey approved May :,
1913, and filed in the United
\ States Land Office at Los AM
I geles, California.
TOGETHER with eighty-four
(S4) shares of the Capital
Stock of Imperial Water Com
pany No. l2, in order to satisfy
the indebtedness secured by
said Trust Deed, advances aud
interest on adVancps together