Imperial Valley press., 1925-05-21
NOTICE OF TRUSTEES SALE

trust dated the 1st day of March,
1916, executed in the County of
Imperial, State of ! California, by
Loretta A. Ford and Harlow Fl.
Ford, her husband, parties of the
first part, and Louis Breiling, par
ty of the second part and the I'm
ion Central Life Insurance I. Com
pany, a corporation, organized un-
der the laws of the State of Ohio,
with its principal place of business
at Cincinnati, Ohio, party of the
third part and recorded March 7th,
1916, in book 107, at page lis of
Deeds, Imperial County Records, in
the County of Imperial, State of
California, to which reference is
hereby made; said Loretta A. Ford
and Harlow n. Ford, her husband,
did grant, and convey the said pre-
misses therein and hereafter des-
cribed to Louis Breiling, 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 according to the terms
thereof and other sums of money
advanced, with interest thereon as
in said note and deed of trust pro-
vided, the same and the whole there
of being payable to the Union Cen
trail Life Insurance Company of
Cincinnati, Ohio, party of the third
part therein, and
WHEREAS said promlssory note
provides among other things that if
any installment of interest be not
paid when due, then the principal
note and all interest accrued there
on shall at the option of the hold
er thereof mature and be collectible
at once, without notice; also it is
provided by the terms of said deed
of trust that in case the taxes, as
sessments 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 and deed of
trust may pay the same and that
any amount so paid shall be secured
by said deed of trust; it is also pro-
vided that if default shall be made
in the payment of any of the sums
of principal or interest provided in
said promissory note when due or
in the reimbursement of any
n M nS fux
or water assessments as provided
in said deed of trust, then the said
party of the second part, as trustee,
or his successor or assigns on de-
mand of the party of the third part
shall sell the premises hereinafter
and in said deed of trust described,
or such part thereof as said trus-
tee may deem necessary to accom-
plish the objects of said deed of
trust, and
WHEREAS the interest INSTALL
ment on said promissory note by
the terms thereof due and payable
on the 1st day of March, 1924, for
the sum of $2S0.00 and all subse-
quent installments of interest have
not been paid nor any part thereof; !;
and the party of the third part was
obliged to and did, towit, on the
25th. day of October, 1921, pay
taxes and assessments levied against
said premises for the year 1920, in
the sum of $2Q709; that the party
of the third part was obliged to
and did on the Goth day of July,
1922, pay an assessment on the wa
ter stock located upon said premises
in the sum of $1,000; that the par
ty of the third part was obliged to
and did, to-wit, on the S1st day of
December, 1928, pay taxes and as
sessments levied against said pre-
misses for the year 1922, in the sum
of $223.27; that said party of tho
third part was obliged to and did
on to-wit, the 2Sth day of January
1924, pay taxes and assessments
levied against said premises for the
wear 1922, in the sum of $16405;
that said party of the third part
was obliged to and did on the 3rd.
day of October, 1924, pay taxes and
assessments levied against said pre-
misses for the year 1923, in the sum
of $160.32; that said party of the
third part was obliged to and did
on September s, 1924, pay taxes
and assessments levied on said pre-
misses for the year 1928, in the sum
of $4,000; that said party of the
third part was obliged to and did
on the 10th. day of March, 1925,
pay taxes and assessments levied
against said premises for the year
1924, in the sum of $32s.77; that
said sums, or any part thereof above
mentioned as advancements for
taxes and assessments made under
the terms of said Deed of Trust
have not been repaid.
WHEREAS the party of the third
part and the holder of said promis-
sorry note and deed of trust has
elected to and has declared the
whole sum of principal, interest,
a1d advancements Immediately due
and payable, and
WHEREAS the party of the third
part and holder of said promissory
note and deed of trust has demand
ed of said party OF the second part
that he sell said premises or such
portion thereof as he deems neees.
sary for the purposes of carrying
out the terms of said trust, and
WHEREAS the sum of 100000
as principal, together with interest
thereon at the rate of per cent
per annum compounded annually