Imperial Valley press., 1923-07-02
NOTICE OF TRUSTEES SALE

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$40 Of Deeds, Records Of Imperial
County, California, the secley
Land and Town Company, a cor
poration, did grant aud eonvcy the
property therein and hereinafter
described TO c. T.. GREASER aud
RUSSELL X. PITZER. Trustees,
to secure, among other things, the
payment of one certain Promissory
Note for Thirty. Eight Hundred
Fifty Dollars (s3s50.00) of even
date Herewith, payable in annual
installments of one.twentieth there
of, and the whole principal sum due
ten years after date of said Note,
bearing interest at the rate of six
per cent (6%) per annum, from
date thereof, payable quarterly,
which said Note and Deed of Trust
were made payable and delivered
to the HOME-BUILDERS' LOAN
ASSOCIATION, u corporation, the
present owner and holder of said
Note and Deed of Trust and
WHEREAS, the said c. E.
GREASER is now deceased, and
under and by virtue of the terms
of said Deed of Trust, the said
RUSSELL X. PITZER, is the sole
surviving Trustee, and vested with
full power under the terms of said
Trust, and
WHEREAS, there has been de-
fault under the terms of said Note
and Deed of Trust in this: that
the interest payment due July 10,
1922, was not then paid, and still
remains due and unpaid, together
with all subsequent installments of
interest, and the fines levied in ac-
cordance with the provisions OF the
Bylaws of said HOME BUILD
ERS' LOAN ASSOCIATION, and
by reason of such default, said
HOME-BUILDERS' LOAN ASSO-
CITATION, the owner and holder of
said Note and Deed of Trust, on,
towit: March 8, 1928, exercised its
option and declared the full amount
Of the indebtedness secured by saio
Deed of Trust Immediately due and
payable; there being the total sum
of Thirty-three Hundred Fifty-Six
and 4S10O APllars ($3356.4s) now
due and unpaid, and
WHEREAS, in accordance with
the provisions of Section 1924 of
the Civil Code of the State of Cal
ifornia, said HOME-BUILDERS'
LOAN ASSOCIATION, the owner
and holder of said Note and Deed
of Trust, on March 13, 1923, caus
ed to be recorded in the office of
the County Recorder of said I'M
perial County, California, Il notice
of such default, and of it's election
to cause the property described i'll
said Deed of Trust to be sold in ac
cordance with the provisions there
of to satisfy said obligation, which
notice of default and election to
sell was duly recorded in Book 9,
Page 241 of Miscellaneous Records,
Records of said Imperial County,
California, and
WHEREAS, said Deed of Trust
provides, that if there is a default
in the payment of any of the sums
secured thereby, upon application
of the holder of said Note, the Trus
tee shall give notice and sell so
much of the property as shall be
necessary to satisfy the indebted
ness secured thereby, and
WHEREAS, said HOME-BUILD-
ERS' LOAN ASSOCIATION, by
reason of the default in the pay
ment as stated, has requested the
surviving Trustee under the terms
of said Deed of Trust, towit: RUS
SELL X. PITZER, to give notice
and to sell said property, or so much
thereof as shall be necessary to
pay all the indebtedness secured,
and the expenses incurred, neccs-
sary to the execution Of said Trust
NOW THEREFORE,, NOTICE IS
HEREBY GIVEN, that the said
surviving Trustee, by virtue of the
authority in him vested as Trustee,
will sell at public auction to the
highest bidder, for cash in gold
coin of the United States on the
18th day of July, 1923, at the hour
of Ten O'Clock, A. M, of said day,
at the front or main entrance to
the Imperial County Court House,
in the City of FL Centre, County
of Imperial, State of California, all
of the interest conveyed to him by
said Deed of Trust, in and to all
that certain real property situated
III the County of Imperial, Sta:e of
California, described as follows, to-
wit:
PARCEL l. The East 1915
feet of Tract Sixty-seven (67,)
in Township Sixteen G6)
South, Range Twelve (12)
East, S. B. NJ, including all of
the Seeley Land & Town Com
pany Addition, as per Map
thereof No. "a, recorded in
Book 2, Page IA of Maps, and
that portion of Salisbury's Ad-
dition to the Town of Seeley,
lying within the boundaries Of
said Tract 81. SAVING AND i
EXCEPTING from the above
Tract 81, Lot 10, Block Is of
the Seeley Land & Town Com
pany's Addition.
PARCEL 2. All that part of
Tract Sixty-six (66), Township
Sixteen 16) South, Range
(l2) East, S. b. NJ, lying
South of the San Diego and
Arizona Right of Way, EN-.
CEPT a plot of ground 80 by
So decided to the Holton Pow
er Company.