Imperial Valley press., 1923-06-21
NOTICE OF TRUSTEES SALE

WHEREAS, Dy Decu OF IruSI
dated October 10, 1917, and record
ed January 4, 1913, III Book l27,
page 404 of Deeds, Records OF
imperial County California, Nathan
Ogden and Jessie Ogden, his wife,
dld grant and convey the property
therein and hereinafter described
to THE PEOPLES ABSTRACr
AND TITLE COMPANY, cor
poration, of Ell Centre, California,
as Trustee, to secure, among other
things the payment Of one certain
Promissory Note of even date
Herewith for Seventyfour Humid
red Fifty Dollars ($i450.00,) pay
able on or before nlne (9) years
after date, bearing interest from
October ~, 1917, to October ~,
1918, at the rate of six per cent
(6%) per annum, and from Oetob-
er 10, 1913, to October 10, 1920,
at the rate of seven per cent (7Go)
per annum, and from October 10,
1920, until the principal of the
Note is all paid at the rate of eight
per cent (S%) per annum, payable
quarterly, which said Note was
made payable and delivered to w.
f. Holt, and
WHEREAS, said Promissory Note
and Deed of Trust, and the Water
Stock have been duly endorsed, as,
signed, and delivered to A. G. Hub
bard, the present owner and holder
Of said Promissory Note and Deed
of Trust, and said Water Stock,
and
WHEREAS, the said owner and
holder of said Promissory Note and
Deed of Trust, in order to protect
said Trust has been obliged and
has advanced at various dates the
total sum of Sixteen Hundred
Eighty-nine and 25-l00 Dollars
($l6S9.25,) on account Of Taxes
and Water Assessments, all of
which affect the security of said
Deed of Trust, anu are secured
thereby, and were made in accord
ance with the provisions of said
Deed of Trust, which said ad
vances bear interest at the rate of
eight per cent per annum $50
from the date of advancements; ;
there being the total sum of Two
Hundred Fiftyone and 541G0
Dollars ($251.54) interest on sand
advances due as of date June J.,
1928, and
WHEREAS, a breach has occur
red in the obligations for which
said Deed of Trust is security,
and default has been made under
the terms of said Note and Deed of
Trust, in this: that no interest has
been paid on said Note since Jan
uary l9, 1920, EXCEPTING Seven
ty'3iye Dollars ($3.00) paid on
May II, 1920, and Thirtyflve Dol
lars ($35.00) paid on June l, 1920;
and also, in that the advances
above described have not been re-
paid, which said advances bear in
terest at the rate of eight per cent
(8%) per annum, from the date of
advancements; and by reason of
said defaults, the said owner and
holder of said Promissory Note and
Deed of Trust has declared the en-
tire sum of principal and interest
Immediately due and payable, and
WHEREAS, said Trust Deed pro,
vides, in case default shall be made
in the payment of any sums therein
provided to be paid or repaid, or
IN any of the obligations thereof,
then said Trustee, on written de-
mand, and after notice as therein
provided has been given, shall sell
the property thereby conveyed, or
such part thereof as it shall deem
necessary to accomplish the objects
Of said Trust, and
WHEREAS, said owner ana hold
er of said Promissory Note and
Deed CT Trust did ON the 5th day
of March, 1923, record in the of
flee of the County Recorder of I'M
perial County, California, notice
of default under the terms of said
Trust Deed, and Ut its election to
cause the property therein describ
ed to be sold to satisfy said obi.
cation as in said Deed of Trust
provided, which said Notice was
recorded in Book 8, Page 222 of
Miscellaneous Records, Records of
said Imperial County, land
WHEREAS, said owner and hold.
er of said Promissory Note and
Deed of Trust has demanded in
writing that the Trustee proceed to
sell the property in said Deed of
Trust described, or so much there.
! OF as may be necessary in order 10
accomplish the objects of said Deed
Of Trust expressed, and after no.
tice has been given as in said Deed
of Trust provided, and
i WHEREAS, more than ninety
600 days have elapsed since the
recordatoin of said notice in the of
flee of the County Recorder of I'M
perial County, as in said Deed of
Trust provided.
NOW THEREFORE, pursuant to
said defaults, election, demand for
sale, and the authority in it vestco
NOTICE is HEREBY GIVEN, that
said Trustee, will on the 9th day
of July, 1923, at the hour of Ten
o clock A. M, Of said day, at the
front or main entrance to the I'm.
perial County Court House, situat.
ed in the City of Ell Centre, Cali.
fornia, 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
certain property situated in the
County of Imperial, State of Cali