Imperial Valley press., 1923-06-25
NOTICE OF TRUSTEES s SALE

WHEREAS, by Deed OF trust
dated July 10, 1917, and recorded
July 26, 1917, in Book 121, Page
$40 of Deeds, Records of Imperial
County, California, the Seeley
Land and Town Company, cor
poration, did grant and convey the
property therein and hereinafter
described to C. f. GREASER and
RUSSELL X. PITZER. Trustees,
to secure, among other things, the
payment of one certain Promissory
Note for Thirty Eight Hundred
Fifty Dollars ($3s50.O0) 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 (6e6) 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, a 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 a 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 ana Deed of Trust, on,
towit: March Q, 1923, exercised it's
option and declared the full amount
of the Indebtedness secured by sal
Deed of Trust Immediately due and
payable; there being the total sum
of Thirty three Hundred Fifty Six
and 4S100 Dollars ($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 IS, 1923, ca;
ed to be recorded in the office of
the County Recorder of said I'M
perial County, California, notice
of such default, and of it's election
to cause the property described in
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 8,
Page 241 of Miscellaneous Records,
: Records of said Imperial County,
/ California, and
WHEREAS, said Deed of Trust
/ provides, that if there is 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, neces-
sary to the execution of said Trust.
NOW THEREFORE,, NOTICE II
HEREBY GIVEN, that the said
surviving Trustee, by virtue of the
authority in him vested as Trustee
will sell at public auction to the
i 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. NJ, of said day
at the front or main entrance to
the Imperial County Court House
in the City of Ell 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
jim the County of Imperial, STATE OF
California, described as follows, to
WITT
PARCEL I. The East 1875
feet ct Tract Sixtyscven (670
in Township Sixteen Q6)
South, Range Twelve l12)
East, S. B. NJ, including all of
the Seeley Land & Town Com
pany s Addition, as per Nap
thereof No. 81, recorded III
Book =, Page IA of Maps, and
that portion of Salisbury Ad-
dition to the Town of Seeley,
lying within the boundaries of
raid Tract 81. SAVING AND
EXCEPTING from the above
Tract 81, Lot 10, Block l5 of
the Seeley Land & Town Com
pany's Addition.
4 PARCEL 2. All that part of
4 Tract Sixty-six (66), Township
/ Sixteen, Q6) South, Range
! G2) East, S. b. NJ, lying
South of the San Diego and
Arizona Right of Way, EN-