Imperial Valley press., 1925-11-17
NOTICE OF TRUSTEES SALE

of Trust, dated February 18th. 1920,
recorded February 90, 1920, in Book
1856, page 435, of Deeds, in the of
flee of the County Recorder Of the
County of Imperial, California, did
grant and convey the premises
therein and hercinaf fter described
to TITLE INSURANCE AND
TRUST COMPANY, as Trustee, to
secure among other things, the pay
ment of one promi issOry note, dated
February -, 1920, made by the said
D. X. Butler and Elizabeth Butler,
for the sum Of Ninetyfivc Hundred
Dollars ($950000) payable three
wears after its date to the order Of
Mortgage Guarantee Company q
corporation, with interest from its
date until paid, at the rate of sew
en- per cent per annum, payable
scmi.aunually or compounded; and
Whereas, at the request of tho
then owners of the property the ma
;uritv Of said note has been cx-
tended from February T., 1928, to
February II, 1926; and
WHEREAS, default has been
made in the payment of said pro-
missorv note, and breach has been
made in the obligation for which
said Deed of Trust is a security, i'll
this, that the interest payment duo
! upon said note on August IL, 1924.
/ was not then paid. nor have any
subsequent payments bden made;
that the principal sum Of said note
to.wit: $930000 (cxccpt the sum OF
| $l0S5.46) and interest thereon from
/ February Il, 1924, also sums ad.
vanccd under the provisions of said
Deed Of Trust, are owing and UNI
paid; and
Whereas, said Deed of Trust pro-
vidcs that if default be made i'll
| the payment of any of the sums OF
principal and interest when due, tho
owner and holder of said note may
declare the whole of the principal
and interest thereof Immediately
due and payable and require the
said Trustee to sell the property
thereby granted, and
Whereas, tho said Mortgage Guar
antee Company has declared that
default has been made as aforesaid
and has declared the whole of said
principal sum and interest now due
ard PAYABLE and has demanded that
said Trustee shall sell the premises
granted by said Decd of Trust to
accomplish the objects of the trust
therein expressed; and
/ Whereas, saiG Mortgage Guaran-
tee Company, being the holder of
said note under said Decd of Trust,
y did record in the office of the
{ County Recorder of the County of
Imperial (bcing the County where
in the real property covered by sad
y Deed of Trust, and hereinafter des-
cribed. is situated.) notice of sad
breach. and of its election to cause
said property to be sold to satisfy
said obligation, which said notice
was recorded ON August 10. 1879,
in Book 50, Page 1876. of Official
Records, Records of said Imperial
County.
Now. Therefore, notice is hereby
given that the undersigned by vir-
turc of the authority IN 1t vested,
as trustee will sell at public auc-
tion to the highest bidder for cash,
in United States Gold Com, on We'd
ucsduv. the 9th day of December,
1925. ut the hour of eleven o clock
n. m. of said day in the lobby or
the Fifth Street entrance OF tho
Title Insurance Building, corner
Fifth and Spring Streets, in tho
Ci,v of Los Angeles, California, the
interest conveyed to 1t by the aiotc'
said Deed of Trust in and to the
real property therein described SIT,
NATE in the FL Centre judicial
Township. County of Imperial, State
Of California, described as follows:
An of Tract One Hundred
Three O03D in Township 10
south, Range /, East, S. h. NJ,
according to United States Gov
crnmcnt Official plat of rcsur-
vcy approved February o,
1909, and on file i'll the United
States Land Office at El Cen
tro, California.
Together with l2S shares of
the Capi,al Stock Of Imperial
Water Company No. l.
Said Deed of Trust rccitcs the
following:
uThc parties Of tho first part
agree to pay before delinquency any
assessments upon, affecting or pur'
porting to affect said capital stock
during the continuance of these
trusts. SHOULD the parties OF the
first part fail or refuse to pay any
sucb assessment ut the time horcin'
before mentioned, the party of tho
third part, may, without notice 10
the parties of the first part pay
any such assessment and thcreupon,
at it's option, declare the entire IN.
dcbtedness secured by this Deed OF
Trust Immediately due and payapio
and uoticceof such default gwen 10
thc Trustee herein shall be conclu-
siyc evidence of the facts therein
stated and the exercising OF such
q option. The parties of the iirSl
: part agree to repay at once ana
without demand all sums so adNanc-
.d with interest thereon ut 70
nor unn,m from date of advance
nent until paid.
whereas, said l2s shares of the
capital stock Of Imperial Water
Company No. ! has, with the con-
scnt of all parties, been surrender
~ .nn thc prDl