Imperial Valley press., 1925-03-26
Legal Advertisement
NOTICE OF TRUSTEES SALE

WHEREAS, by a Deed of Trust
dated September 10, 1928, recorded
| December 7, 1928, in Book %, Page
423 Of Official Records, Records of
Imperial County, California, to
| which record reference is hereby
made, the IMPERIAL DATE GAR
DENS OF CALIFORNIA, a corpor-
alton, did grant and convey the pro-
perty therein and hereinafter des-
| cribed to THE PEOPLES ABB
STRAOT AND TITLE COMPANY,
as Trustee, to secure, among other
! things, the payment OF one certain
promissory note, in favor of d. r.
! Crawford and Agnes Crawford, as
/ joint tenants, and other sums OF
money advanced aud interest there
on, and
WHEREAS, said promissory Note
and Deed of Trust have been duly
assigned to Frank E.. Stiles the pre-
sent owner and holder of said Note
and Deedof Trust.
WHEREAS, said Frank f. Stiles,
the owner and holder of said note
and Deed of Trust, has been OBJ
liged to and has paid out and ad-
vanced the sum Of $4,000 for I'M
perial Irrigation District Taxes,
which said advancement has been
made in accordance with the pro-
visions of said Deed of Trust and
is secured thereby, and
WHEREAS, there has been a de-
fault in the payment of interest
, due and payable on said Note, on
! towit: March 10, 1924, and by rea-
son of the default in the install
ment of interest due and payable
I on said note, and of money advanc-
ed in accordance with the provisions
of said Deed of Trust, and the in
terest due and payable thereon,
said Frank f. Stiles, the owner and
/ holder OF said note and Deed of
Trust, has, i'll accordance with the
provisions thereof, exercised his OPP
tion and declared the full amount
of the Indebtedness secured by said
Deed of Trust Immediately due and
payable; there being the sum of
S21 ,975.00, together with the interest
thereon at the rate of SO from Sep
tember 10, 1928, plus the amount
advanced for Taxes and the inter
est thereon now due and unpaid
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 security, then
the holder or holders of any note
or notes or indebtedness mentioned
rs secured thereby, made declare all
sums secured thereby Immediately
due and payable land shall execute
and deliver TO said Trustee Il written
Declaration of Default Hereunder
and demand for sale, and shall re-
cord, in the office of the Recorder
of the County wherein said proper
ty, or some part thereof, is situated
Il notice of such breach and of
election to cause said property to
be sold to satisfy said Obligations,
and
WHEREAS, in accordance with
Section 1924 of the Civil Code of
California, the said Frank +. Stiles
caused to be recorded on the 10Th
day of December, 1924, in the Of
flee of the County Recorder of the
County of Imperial, State of Cali
fornia, Il Notice of Default and
Election to Sell under said Deed of
Trust, which said Notice was re-
corded in Book 81, Page $50 of Of
ficial Records, Records of said I'm
perial County.
WHEREAS, said Frank Il. Stiles,
! by reason of the default in the pay
ments as stated, has requested THE
PEOPLES ABSTRACT AND TITLE
COMPANY to give notice and to
sell said property, or so much there
of as shall be necessary to sell, to
pay Jail the indebtedness secured
and expenses incurred necessary to
the execution of said trust.
NOW THEREFORE,, notice is
hereby given that THE PEOPLES
ABSTRACT AND TITLE COM
PANY by virtue of the authority
vested in it as Trustee, will sell
at public auction, to the highest
bidder, for cash III gold coin, on
the 10th day of April, 1925, at the
hour of Ten O'Clock Il. m. of said
day, at the front or main entrance
; to the new Imperial County Court
House, in the City of FL Centro,
County of Imperial, State of Cali
fornia, all the interest conveyed to
it by said Deed of Trust, in and to
all the following described proper
ty, situate in the County of Impcr-
ial, State of California, towit:
The East 600 feet of the
West 700 feet of the following
described property: The South
half of the North half and the
South half of Tract Ill; also
Tract 113, all in Township l6
South, Range II East, $. B. NJ,
as per Map of the resurvcy APP
proved and filed in the United
States Land Office at Los An
geles, California, EXCEPTING