Imperial Valley press., 1923-01-12
NOTICE OF TRUsTEE'S SALE

dated November "a, J9l9, ana re-
corded November "a, 1919, in Book
$50, Page Isl of Deeds, Records of
Imperial County, California, A. j..
Miller, single, and Daniel Mbller,
single, did grant and convey the
property therein and hereinafter
described to THE PEOPLES AB-
STRACT AND TITLE COMPANY
"a corporation, of FL Centre, Cali
fornia, as Trustee, to secure, among
other things the payment of one
certain Promissory Note of even
date Herewith, for the sum Of
Twcnty.seven Hundred Dollars
($270000,) payable
100000 on January l, 1921.
100000 on January j, 1922,
8 10000 on January l, 1923,
bearing interest from date thereof
at the. rate of ten per cent Q0%)
per annum, payable semiannually.
which said Note was made payable
and delivered to Robert ID. Banks
and Wilma ID. Banks. and
WHEREAS, said Note and Trust
Deed has been duly assigned and dc.
livered to the Southern Trust and
Commerce Bank, corporation, of
San Diego, California, the present
owner and holder of said Note and
Trust Deed, and
WHEREAS, said Trust Decd pro-
vides, that should default be made
in the payment of any sums there
in provided to be paid or repaid Or
in any of the obligations thereof
or in the payment of any sums of
principal or interest of said Promis-
sorry Note, when due, then said
Trustee, on written demand, and
after notice as therein provided,
shall sell the property thereby
granted or such part thereof as it
shall deem necessary to accomplish
the objects of said Trust, and
WHEREAS, default has been
made under the terms of said Deed
of Trust, in this, that the INSTALL
mcnt of interest due and payable
May "a, 1920, was not paid when
due, and still. remains due and un'
paid, together with all subsequent
installmcnts of interest, and also
that the installncnt of principal
due and payable January l, 1921,
was not paid when due, and still re.
mains due and unpaid, together with
all subsequent installmcnts of prin.
cipal, and by reason of said defaults
the said owner and holder of said
Promissory Note and Trust Deed
has declared the entire sum of prin.
cipal and interest Immediately due
and payable, and demanded in writ.
ing that the Trustee proceed to sci
the property thereby conveyed or
such part thereof as it shall deem
necessary in order to accomplish The
objects of said Deed of Trust cX-
pressed, and
WHEREAS, pursuant to the terms
of said Deed of Trust, the said
owner and holder of said Promissory
Note aud Trust Deed, did on the
21st day of February, 1922, record
in the office of the County Re.
cerdcr of the County of Imperial
State of California, u notice of de-
fuult aud election to sell under the
terms of said Deed of Trust, in or.
der to satisfy the obligation there.
by secured, which said notice was
recorded in Book a., Page 410 Of
Miscellaneous Records, Records of
said Imperial County, California.
NOW THEREFORE,, pursuant ,e
said defaults, election, demand fo,
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 I'm.
perial 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, AL of the in.
tercst to it conveyed by said Deed
of Trust, in and to the following
described property, situated in the
County of Imperial, State of Califor-
MIA, towit:
That portion of the West
Eighty (S0) acres. of Tract
One Hundred Fifty-one (l5D,
Township Sixteen (16) South,
Range Thirteen t13) East, S.
B. NJ, lying South and West of
q line drawn diagoimliy through
said West 80 acres from the
Northwest corner thereof TO the
Southeast corner thereof being