Imperial Valley press., 1923-01-19
sNOTICE OF TRUSTEES SALE

eNoTIcE OF TRUSTEES SALE
WHEREAS, by Deed of Trust
dated March IA, 1921, and recorded
March Is, 1921. in Book 176, Page
91 of Deeds, Records of Imperial
County, California, Wilma Iiaaks
also known as Wilma Banks, and
Robert d. Banks her husband, did
grant and convey the property
therein and hereinafter described, TO
THE PEOPLES ABSTRACT AND
TITLE COMPANY, a corporation
of Ell Centre, California, as Trus.
tee, to secure, among other things.
the payment Of one certain promis.
sory Note of even date Herewith
for the sum of Three Thousand Dol.
lars ($3000.00,) due two, years after
date, bearing interest from date
thereof at the rate of ten per cent
: (l0%) per annum, payable quarter
ly, which Note was made payable
and delivered to Southern Trust and
Commerce Bank, Ell Certro Branch
thc present owner aud holder of
said Note and Trust Dccd, and
WHEREAS, said Trust Deed pro.
vides, in case a breach or default be
made in the performance Of any
obligation for which said Deed of
Trust is a security, then the holder
or holders of any Note or Notes or
Indebtedness mentioned as secured
thereby may declare all sums there.
by secured Immediately due and
payable, and shall execute and de-
liver to the Trustee a written 9e.
elevation Of default Hereunder and
demand. for sale, aud shall record
i'll the office of the Recorder of the
County wherein said property is SIT
uatcd, u notice Of such breach qnd
of election to cause said property TO
be sold to satisfy said obligation.
and
WHEREAS, default has been
made under the terms Of said Decd
of Trust, in this, that the quarter
annual interest due and payable
June II, 1921, was not paid when
due, and still remains due and un
paid, together with all subsequent
instalments of interest, and by rea.
son of said default, the said Owae1
and holder of said PrOmissOry Note
and Deed of Trust has declared the
entire sum Of principal and interest
Immediately due and payable, and
demanded in writing, that the Trus.
tee proceed to sell the property in
said Deed Of Trust described, after
notice has been given as in said
Deed of Trust provided, and
WHEREAS, the said owner and
holder of said Note and Deed Of
Trust, did, on the 21st day of Feb
ruary, 1922, record in the office Of
the County Recorder Of Imperial
County California, a notice of de-
fault and election to sell under said
Deed of Trust, in order to satisfy
the obligation thereby secured
which said Notice was recorded In
Book Z, Page All Of Miscellaneous
Records, Records Of Imperial County.
California.
NOW THEREFORE,, pursuant to
said default, election, demand for
sale, and the authority in it vested
said Trustee, will, on the Goth day
Of January, 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 FL Centre, California
sell at public auction to the highest
and best bidder, for cash in gold
coin Of the United States, all of Tie
interest to it conveyed by said Deed
of Trust, in and TO the following
described real property, situated in
the County of Imperial, State Of
California, towit:
The East eighty (S0) acres
of Tract One Hundred Fifty
one Q5D, Township Sixteen
(i6) South, Range Thirteen .
13) East, s. B. NJ, as per Map
of the resurvcy approved Janu-
airy 5, 1909, and filed in the
United States Land Office ut
Los Angeles, California.
That portion of the West
eighty $50 acres of Tract One
Hundred Fifty.one (15D, Town
ship SiXtcen 16) South, Range
Thirteen G3) East, s. j. M,
us per Map of the resurvey ap-
proved January 5, 1909, and fill
cd in the United States Hand
Office at Los Angeles, Califor-
liia lying North and East of a
+ fine drawn from the South
cast corner Of said West eighty
(S0) acres of Tract One Hun
drcd Fifty-one Q51, to the
Northwest corner Of said Tract,
in order to pay the Indebtedness SC.
cured by said Deed of Trust, to
gether with costs of sale, including
Trustee S fee.
IN WITNESS WHEREOF, THE
PEOPLES ABSTRACT AND TITLE
COMPANY, corporation, has au
thorizcd this Notice and caused its
cornorota nono and saal IN he hero.