Imperial Valley press., 1923-06-20
NOTICE OF TRUSTEES SALE

WHEREAS, by Deed of Trust
dated September l, 1922, and re-
corded December Is, 1922,
in Book 1876, Page 225 of
Deeds, Records OF Imperial County,
California, Russell R. Riddall and
Mary Ruth Riddell, his wife, did
grant and convey the property
therein and hereinafter described
to THE PEOPLES ABSTRACT
AND TITLE COMPANY, corpo-
ration, of Ell Centre, California, as
Trustee, to secure, among other
things, the payment of one certain
Promissory Note for the sum of
Fifty-three Hundred Twenty-Five
and 67-100 Dollars ($5,322.67,) of
even date Herewith, payable in in
stallments of Thirty-three Dollars
($330O) on the first day of each
and every month, beginning on the
first day of October, 1922, bearing
interest at the rate of eight per
cent $50 per annum, payable
quarterly on deferred payments,
which said Note and Deed of Trust
were made payable and delivered
to E. E. Clements, the present own
er and holder of said Note and Deed
of Trust, and
WHEREAS, y default has been
made and a breach has occurred in
the obligations for which said Deed
of Trust is security, in this: that
the installment of principal due
and payable on the first day of
October, 1929, was not paid when
due, and still remains due and un-
paid, together with all subsequent
monthly installments of principals;
and also, in that the quarterly in.
terest due and payable, on to-wit:
December l, 1922, was not paid
when due, and still remains due
and unpaid, together with all sub
sequent installments of interest;
and by reason of said defaults, the
said owner and holder of said Note
and Deed of Trust has declared the
entire sum of principal and in
terest Immediately due and pay
able, and
WHEREAS, said Deed of Trust
provides that should 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 thereby secured immediate
ly due and payable, and shall exc.
cute and deliver to the Trustee n
written Declaration of Default
Hereunder anC; demand for sale,
and shall record, in the office of
the County Recorder of the County
wherein said property, or some part
thereof, is situated, a notice of such
breach and Of election to cause
said property to be sold to satisfy
said obligation and
WHEREAS, the said owner and
holder of said Note and Deed Of
Trust, pursuant to Section 1924 of
the Civil Code of the State of Cali
fornia, and the provisions of said
Deed of Trust, did, on the 10th day
of February, 1923, cause to be re-
corded in the office of the County
Recorder of Imperial County, Cali
fornia, a notice of default and elec-
tion to sell under said Deed of
Trust, which said notice was re-
corded in Book 10, Page 73 of Mis-.
cellaneous Records, Records of I'm
perial County, California, and
Il
has been made that said Trustee,
after notice has been given as in
said Deed of Trust provided, pro-
ceed to sell the property in said
Deed of Trust described, in order
to satisfy the obligations in said
Deed of Trust expressed, and
WHEREAS, more than ninety
(90) days have elapsed since the
recordation of said notice in the
office of the County Recorder of
Imperial County, as in said Deed
Of Trust provided.
NOW THEREFORE,, pursuant to
said defaults, election, demand for
sale. and the authority in it vested,
NOTICE IS HEREBY GIVEN, that
said Trustee, will on the 28th day
of June, 1923, at the hour of Ten
0 o'clock A. NJ, of said day at the
front or main entrance to the In
perial County Court House, situated
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
the interest to it conveyed by said
Deed Of Trust, in and to that GER
tain property situated in the City
of FL Centre, County of Imperial, !,
State of California, described as
follows, towit:
Lot One O, of the Subdi-
vision of Block Seventeen
(1O, Of El Centre Addition No.
l, as per Map thereof No. 1853
filed in the office of the Coun-
ty Recorder of Imperial Coun-
ty.
in order to satisfy the indebtedness
secured by said Deed of Trust, to-
wit the principal sum of Fifty
three Hundred Twenty-Five and
67-l00 Dollars ($5322.67,) together
with interest thereon at the rate of
eight per cent (8%) per annum,
compounded quarterly, and Trus-
tees fee in the sum of Three Hun.
dred Dollars ($300.00) and costs of
sale.
In WITNESS WHEREOF, THE
PEOPLES ABSTRACT AND TITLE
| COMPANY, q cOrnoration. has AL.