Imperial Valley press., 1924-06-14
NOTICE OF TRUSTEES, SALE.


California, by j. Il. Merrell and
Nancy f. Merrell, his wife, parties
Of the first part, and Walter M.
Avis and Henry Hanson, as trus-
tees, parties of the second part, and
Mutual Building and Loan Associa
tion of Pomona, q corporation, par
ty Of the third part, and recorded
on the 23rd day of January, 1920,
in Book 153 at Page 493 of Deeds,
Records of Imperial County, Cali
fornia, to which reference is here
by made. and
WHEREAS, said parties of the
first part did grant and convey the
premises therein described to Wal
ter M. Avis and Henry Hanson, a.
trustees, for the uses and purposes
set out in said trust deed, and
among other uses to secure the pay
ment of one certain promissory
note for the sum of 100000, with
interest thereon according to the
terms Of said trust deed, and other
sums Of money, advances, interest
and dues thereon, the same being
made due and payable to Mutual
Building and Loan Association Of
Pomona, q corporation, party of the
third part, and
WHEREAS, there has been de-
fault in the payment of principal
and interest due and payable on
said note on the 18th day of Au-
gust, 1923, and that by reason of
said default said Mutual Building
! and Loan Association of Pomona, a
corporation, the owner and holder
of said note and trust deed, and in
accordance with the provisions
thereof, to-wit, on the 18th day of
February, 1924, exercised its option
and declared the full amount of the
Indebtedness Immediately due and
payable, and there being at that
time the sum of 100000 besides
| interest, costs and advances due
and unpaid, and
WHEREAS, in accordance with
the provisions of Section 1924 Of
the Civil Code of the State of Cali
! fornia, said Mutual Building and
Loan Association Of Pomona, cor
| poration, being the holder of said
note and trust deed, on the 10th
| day of February, 1924, caused to be
recorded in the office Of the Coun-
ty Recorder Of said Imperial Coun-
ty, State of California, notice of
such default in the payment of in
! terest and principal, and of its elec-
tion to cause the property describ-
ed in said trust deed to be sold in
accordance with the provisions
thereof to satisfy said obligations,
which notice Of default and elec-
! tion to sell was duly recorded on
the 10th day of February, 1924, in
Book 26, at Page 225, of Official
Records of said Imperial County,
| and
WHEREAS, it is provided in said
trust deed that if there Is a de-
fault in the payment Of any of
the installments Of principal Or in
terest or money advanced for any
of the purposes mentioned as Sc
cured by said deed Of trust, that
upon application of the party Of the
third part or its successors or as
| signs, the parties Of the second part
| shall give notice and sell the pre-
misses or as much thereof as shall
be necessary to sell to pay the LA
bilities unpaid and secured by said
trust deed. and
! WHEREAS, said Mutual Building
and Loan Association Of Pomona, a
corporation, the holder of the note
secured by said trust deed, and the
debt represented thereby, by reason
of the default in payment as stat
ed, has applied to and requested
said Walter M. Avis and Henry
Hanson, the parties of the second
part, to proceed and sell the grant
ed premises or so much thereof as
may be necessary to sell to pay the
whole of the principal, interest,
trustees fees, and all costs, charges,
and expenses incurred and neces-
sary to the execution Of said trust,
and
WHEREAS, said Walter M. Avis
and Henry Hanson have demanded
of said j. L., Merrell and Nancy T..
Merrell the payment of said sum
| of 100000, with interest thereon,
together with the advances here
inabove mentioned and no part of
which has been paid,
! NOW THEREFORE, NOTICE is
HEREBY GIVEN that Walter NJ.
Avis and Henry Hanson, by virtue
of the authority vested in them as
trustees will sell at public auction
to the highest bidder for cash in
Gold Coin of the United States of
America, on Saturday, the 2Sth day
of June, 1924, at the hour of 1000
o clock a. m. of said day, at the
office of Joseph A. Allard, Jr., 3l3
First National Bank Company
Building, in the City Of Pomona,
County of Los Angeles, State of
California, all the interest convey
ed by said parties of the first part
to the parties of the second part by
said trust deed in and to all the
following described property,to-wit:
Lot Twenty-one (2D, Block Ten
(10), First Addition to I'll Centro,
City of FL Centre, as per Map OF
]. r. Dukes Subdivision No. !,
being map No. 131,
or so much thereof as shall be nee.
essary to pay the total amount of
principal, interest, advances,
amounting to the total sum OF
$2363.5S due and unpaid. besides
accrued costs and interest from