Imperial Valley press. (El Centro, Calif.) 1907-current, 1923-02-23

PAGE THREE
therein and hereinafter
described to Louis Breiling, as trns-
tee, to secure among other things the
of twenty promissory notes
of even date herewith for the sun
of $176.21 each, the first thereof
maturing June LIST, 1919, and Que
note maturing on June LIST of each
year successfully thereafter, the last
note maturing on June LIST, 1887;
said notes being drawn on the amor
tization plan and covering n prinei-
pal Indebtedness of 81, 10000. and
each note bearing interest st the rate
Of seven per cent per annum from
until paid; and all of said
notes being made payable to and
delivered to The Union Central Life
Insurance Company, q corporation;
and
WHEREAS, said Union Central
Life Insurance Company has been
ever since the execution of said
notes and now is the sole
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 prom
issory notes and in the interest of
said trust and pursuant to the terms
thereof, was compsHed to and did
pay the following items at the fol-
lowing times, to-wit:
Date paid Item Amount
Dec. ~, 1921, Irrigation tax
1919-l92O ......... $1s3.37
Dec. ~, 1921, State and
County taxes, 1919-1920 .164.47
Dee. 4, 1920, Assessment on
water stock hereinafter
mentioned : ...................... 1000
May 4, 1921, Assessment on
water stock hereinafter
mentioned ..... 1000
Aug. IL, 1921, Assessment on
water stock hereinafter
mentioned :. ............. 1000
Dec. IL, 1921, Assessment on
water stock hereinafter
May IL, 1922, Assessment on
water stock hereinafter
mentioned = .-...-.------.....-...- 1000
Aug. Is, 1922, Assessment on
water stock hereinafter
mentioned :. .............. 1925
Expenses on advancement
OF taxes .......--..-.....--- 2.OU
al nf hsah Nv
said Deed of Trust and bear interest
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 Gen.
trail Life Insurance Company may
at its option declare the entire
amount secured thereby to be due
and payable thereupon and on de-
mand of said Union Central Life
Insurance Company said trustee shall
sell the property described therein
or such part thereof as by said trus-
tee 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 1st, 1922, respective
ly, were not paid and still remains
due and unpaid, together with inter-
est subsequently accruing thereon;
and neither have payments and adj
vancements on account of taxes and
assessments as hereinbefore set forth
been repaid, nor the interest thereon
as hereinbefore stated, and by rea-
son Of said default the said owner
and holder of said promissory notes
has exercised its option hereinbe-
fore mentioned and has declared due
and payable all of the sums and
items hereinbefore mentioned irclud-
ing principal and interest thereon,
and including balance on said
total amortized Indebtedness in the
sum of $l558.57, together with in
terest thereon at the rate of seven
and one-half per cent per annum
from June LIST, 1929, to the date of
the payment thereof; and in CON-
pliance with the law in that behalf
made and provided said The Union
Central Life Insurance Company
gave its notice Of said default or
breach and of its election to sell or
cause to be sold the said property
described in said deed of trust aud
hereinafter described to satisfy the
said obligation thereof and caused
the same to be recorded on the 30th
day of September, 1922, in the office
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 pro-
coed to sell the property in said
Deed of Trust described in order to
accomplish the object of said trust.
NOW, THEREFORE, by reason
of said defaults election, recorded
notice of intended sale, and demand
for sale and pursuant to the au-
thority in me vested,
NOTICE is HEREBY GIVEN
that l will on the 3rd day of March;
1928, at the hour of ten O'Clock A.
M. of said day, in front of the Main
street entrance to the County Court
House in the City of Ell Centre,
County of Imperial, State of Cali
fornia, sell at public auction to the
highest bidder for cash, all of the
interest to me conveyed by said