Imperial Valley press., 1924-02-13
NOTICE OF TRUSTEES SALE
Sale No. 326l

November 6, 1917, II book l27, page
"04 of Deeds. Records of Imperia
County, California, to which record
reference is hereby made, Sidney
Selover and Dorothy Selover, hi,
wife, did grant and convey the pro
perty therein and hereinafter des
cribed to the TITLE GUARANTEE
AND TRUST COMPANY, as trus
tee, to secure, among other things
the payment of one certain promis
sorry note, in favor of Mortgage
Guarantee Company, corporation
and other sums of money advanced
and interest thereon.
WHEREAS, said Sidney Selover
and Dorothy Selover have borrowed
and received from said Mortgage
Guarantee Company the further ad
ditional sum of 100000, as cvidenc
cd by their promissory note dated
March 21, 1919, due October so
1920, and
WHEREAS, said Mortgage Guar.
antee Company has for y valuable
consideration sold and assigned and
said trust deed and said additional
loan note to C. T. Holland; and
WHEREAS, the sum of $434.50
has been paid out and advanced for
the purpose of protecting the in
terests of said trust, all of said pay
ments and advancements having
been made in accordance, with the
provisions of said trust deed and
being secured thereby; and
WHEREAS, there has been a de
fault in the payment of the princ;-
pal of each of said two notes, ac-
cording TO the terms thereof, and
! of all interest due and payable
! thereon subsequent to January 80,
! 1921, and a default in the payment
of the money advanced i'll accor-
dance with the provisions of said
trust deed, there being the total
sum of $4118.3O now due and ua,
paid; and
WHEREAS, in accordance with
the provisions of Section 1924 of
the Civil Code of the State of. Cali
fornia, said c. f. Holland, the own
er and holder of said notes and
trust deed, on October 16, 1928,
caused to be recorded in tho office
cf the County Recorder of said I'm
perial County notice of such de-
fault in the payment of principal.
interest and money advanced, and
of his election to cause the proper
tv described in said trust deed to
be sold, in accordance with the pro-
visions thereof, to satisfy said obi
CATION, which notice of default and
election to sell was duly recorded in
Book 20, page I of Official Records
e said I'm oerial County; and
WHEREAS, said Trust Deed pro
vjdes that if there IS a default in
the payment of any of the sums Sc
cured thereby, upon application of
the holder of said note, the trus-
tee shall give notice and sell so
much of the property as shall be
necessary to satisfy the indebted
ness secured thereby.
WHEREAS, said c. f. Holland,
: by reason of the default in pay
ments as stated, has requested the
TITLE GUARANTEE AND TRUST
COMPANY to give notice and to
! sell said property, or so much there
/ of as shall be necessary to sell, to
pay all the Indebtedness secured
and expenses incurred necessary
% the execution of said trust
NOW, THEREFORE,, notice i
hereby given that the TITLE
GUARANTEE AND TRUST COM
PANY by virtue of the authority
vested in it as Trustee will sell at
public auction, to the highest bid
der for cash in gold coin, On tho
lst day of March, 1924, at the hour
of II o clock a. m. of said day, at
the western front entrance o: the
Court House in the City of and
County of Los Angeles, State OF
| California, all the interest convex
, ed to it by said Trust Deed, in and
70 all the following described pro
perry, to-wit:
The West half of the Southeast
quarter and the Northeast quarter
Of the Southeast quarter Of Section
Eighteen 18), Township Eleven
az South, Range Fourteen N4l
East, S. +. NJ, in the County Of
Imperial, State of California, ar-
cording to the official plat Of re.
survey thereof, approved February
8, 1916, by the L. S. Surveyor Gene
raj for California, and now on file
IN the United States Land Office
at FL Centre; =
Together with 1l3 shares Of 'hc
Capital Stock Of the Imperial Wat.
cr Company No. 3; or so much there
of as shall be necessary TO pay the
total amount Of the principal, in,
terest, advances, charges and costs,
amounting to the sum of Forty six
Hundred and no-100 Dollars
l$460O.0O,) due and upnaid.
IN WITNESS WHEREOF, TIE
TITLE GUARANTEE AND TRUST
COMPANY has duly authorized
his notice, by the signature Of its
Vice President, attcstcd by its Scr.
letary, who has affixed the Corpo.
! rate Seal at Los Angeles, California,
this l7th day of January, 1924,
I TITLE GUARANTEE AND TRUST
. COMPANY.
/ (Signed) BY Z. w. Sargent,
! Niccrrcsidcnt
( Attest