Imperial Valley press., 1925-08-25
NOTICE OF rnUsTEE,s SALE

WHEREAS that certain deed of
trust dated the list day of March,
1915, executed in the County of
Imperial, State Of California, by
William. D. Miles and Amelia Miles,
his wife, and Leo b. Cole, parties
of the first part, and Louis Breil-
ing, party of the second part and
+ the Union Central Life Insurance
Company, corporation, organized
under the laws of the State Of
Ohio, with its principal place of
business at Cincinnati, Ohio, party
of the third part and recorded
March 18th, 1915, in Book "a, at
page 1Ol of Deeds, Imperial Coun-
ty Records, in the County Of I'm
perial, State Of California, to which
reserence is hereby made; said Will
liam d. Miles and Amelia Miles,
his wife, and Leo b. Cole, did grant,
and convey the said premises there
in and hereafter described to Louis
Breiing, party of the second part
as trustee FOR the uses and purposes
set out in said Deed of Trust,
among other things and purposes to
secure the payment of one certain
promiSsory note for the sum of
100000 and interest thereon ac-
eording to the terms thereof, at
torneys fees, and other sums of
money advanced, with interest
thereon as in said note and deed of
trust provided, the same and the
whole thereof being payable to the
Union Central Life Insurance Com
pany ef Cincinnati, Ohio, party Of
the third part, therein, and
WHEREAS said promissory note
provides among other things that if
said note or any .ipstallmen of in
terest, be not paid when due, then
the principal note and all interest
accrued thereon shall at the option
of the holder hereof mature and be
collectible at once, without, notice;
also it il proyided by the terms OF
said deed of trust that in ease the
taxes, assessments or liens on any
of the property therein described, or
any assessment on water stock -or
other water rights pertaining to The
land be not paid when due, then the
holder of said note sand deed OF
trust may pay the sIine and that
any amount so paid. she'll be secured
by said deed Of trust; it Is also pro-
vided that if default shall ',c made
in the pae.nrit Of any OF The sums
of principal or interest provided in
said promissory note when due or
in the reimbursement of any
amounts paid as taxes, ASSESSMENTS
or water as3r3.ments as provided in
said deed of trnit, then 'hc said
party of Tie sccor part. as trustee,
or his successor or assigns cn ac'
mand of the partv of The ;hirl part
shall sell the promises Eercinaftc:
and in sail deed If trust described,
or such part thereof rs said trustee
NAV deem neccss lr1v to accomplish
the objects of said dr'l of trust,
and
WHEREAS sail promisso'" note
is now due and p9vlbl- the interest
installment on sald piomissory note
bv the terms thereof dne and pay
able On the 1st dlf OF March, 1924,
for the sum of 400 CO and all sub
sequcnt installmenIs Of interest
have not been paid nor any part
thereof, and the party of the third
mart was obliged to and did, towit,
on the 9th day of DreeWher,. 1923,
nav taxes and assessments levied
against said premises for the year
1920 in the sum of $135.92 that the
partv Of the third part was oblig-
ed TO and did on tthe oath day of
July, 1923, pay an assessment on
the water stock located upon said
premises in the sum Of $f7.3S; that
the marty Of the third part was OBJ
liged TO and did, towit, on the 21th
dav Of June, 1928, pay taxes and
assessments levied against said pc
misses for the year 1929, in the
sum of $j5305; that said party OF
the third part was obliged to and
did on towit, the 25th day of June,
1926, pay taxes and assessments
levied against said premises for
tbe years 1929 and 1924, In the sum
of S4O43.l0; that said party OF the
third part was obliged to and dld
on towit, the 18th day of July, 1873,
nay the premium on insurance COW
erinp the building on said premises
in thn sum of $3.50; that said sums,
or any part thereof above mention
ed ms advancemcnts for taxes ana
asscssmcnts made under the terms
of said Deed Of Trust have not been
repaid, except the sum of S379.2o
paid July 8, 1925. =,
WHEREAS the party of the third
part and the holder of said pro-
missory note and deed of trust has
elected to and has declared the
whole sum Of principal, interest,
and Announcements Immediately due
and payaLle. and E
WHEREAS the party of thu. thirG
mart and holder Of said prcmissorv
note and deed of trust has demand
ed Of said party of the second part
that he sell said premises or such
rortion thereof as he deems neCes-
sarv for the purpose OF carrying
out the terms of said trust, and
WHEREAS the sum of $lo,0oo.oo
10 principal together with Interest
thereon at the rate of 7q6 per an
nnm compounded annually from the
1st day Of March, 1923, and ad.
vancements made by the party OF
the third part, in the sum o.
$5570.07, together with interest
thereon at the rate of 1SeS per an
nun from the dates of the respec-
tive payments hereinbefore SGT on.
ara as crovided IN sail dead of