Imperial Valley press., 1923-05-30
NOTICE OF TRUSTEES SALE
Sale No. 3137

WHEREAS, by a Deed of Trust,
dated January 6, 1917, recorded
February 2, 1917, in book ia, page
39S, of Deeds, Records of Imperial
County, California, to which record
reference is hereby made, +. II.
| Rice and Amanda Rice, his wife,
did grant and. convey the property
therein and hereinafter described
to the TITLE GUARANTEE AND
TRUST COMPANY, as trustee, to
secure, among other things, the
payment of one certain promissory
note, in favor of Mortgage Guaran-
tee Company, a corporation, and
other sums of money advanced and
interest thereon.
WHERE A S, said Mortgage
Guarantee Company has for a valu-
able consideration sold and assign
ed said note and duly endorsed the
same to Leroy Holt; and
WHEREAS, said Leroy Holt, the
owner and holder of said note and
trust deed, has been obliged to and
| has paid out and advanced the sum
of $20S9.S0 for the purpose of pro-
| tecting the interests of said trust,
all of said payments and advance
ments having been made in ac-
cordance with the provisions of
said trust deed and being secured
thereby; and
| WHEREAS, there has been dc
fault, in the payment of the prin-
cipal of said note, according to th.
terms thereof, and of all interest
due and payable thereon subsequent
to July 6, 1920, and a default in the
payment of the money advanced in
accordance with the provisions of
said trust deed, and the interest
due and payable thereon, there be
ing the total sum of $1O7J9.25 now
due and unpaid; and
WHEREAS, said Trust Deed pro
vides that, if there is a default il
/ 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 sc
much of the property as shall be
necessary to satisfy the indebted
ness secured thereby.
WHEREAS, said Leroy Holt, by
reason of the default in payments
as stated, has requested the TITLE
GUARANTEE AND TRUST COM.
PANY to give notice and to sell said
property, or so much thereof as
shall be necessary to sell, to pay
all the Indebtedness secured and
expenses incurred necessary to tho
execution of said trust.
NOW THEREFORE,, notice il
hereby given that the TITLR
GUARANTEE AND TRUST COM.
PANY by virtue of the authority
vested in it as Trustee, will sell al
public auction, to the highest bid
der, for cash in gold coin, on the
30th day of June, 1923, at the houl
of IL o'clock a. m. of said day, al
the western front entrance of the
Court House in the City of anG
and County of Los Angeles, StarC
of California, all the interest con
veyed to it by said Trust Deed, il
and to all the following described
property, to-wit:
All that part OF Tract 81,
Township II South, Range Is
East, S. 3. NJ, in the County
of Imperial, State of California,
according to United States Gov
ernment Plat of Resurvcy
thereof approved November 4,
1908, on file in the United
States Land Office at Ell Cen
tro, California, lying west of the
east line of Tract SO, said
Township and Range, produced
Northerly; Except that part
thereof described as follows:
Beginning at the southeast
corner of said Tract 81; thence
| North 123 rods to a point in the
east line of said tract; thence
west parallel with south line of
said tract to point in the
| west line of said tract 1913 rods
north of the southwest corner
thereof; thence south 1913 rods
to the southwest corner of said
tract; thence east along the
south line of said tract to the
place of beginning;
Also that portion of Tract
SO, said township and range,
according to resulvey plat
aforesaid, more particularly
described as follows:
Beginning at point in the
east line of said Tract SO, 123
rods north of the southeast
corner thereof; thence north
along the east line of said
tract to the northeast corner
thereof; thence west along the
north line of said tract to the
northwest corner thereof;
thence south along the west
line of said tract to a point
1923 rods north of the southwest
corner thereof; thence east par
allel with the south line of
said tract to the point of begin
ming;
Together with 100 shares of
Capital Stock of Imperial Wat
er Company No. 5; or so much
thereof as shall be necessary
to pay the total amount of the
principal, interest, advances,
charges and costs, amounting
to the sum of Twelve Thousand
and no-100 Dollars, ($12, 2,O00.00)