Imperial Valley press., 1926-02-27


the office of the County Recorder
of Imperial County, California, z.
NJ. Hicks and Eta j. Hicks, his
wife, did grant and convey the pro-
pertv therein and hereinafter des-
cribed, to w. 7. Bill and A. +.
Ball, Trustees as joint tenants, to
secure, among other things, the pay
ment of one certain promissory
note payable in monthly install
ments of $29.40 each, beginning on
the Ind day of January, 1925, and
ON the first day of each and every
month thereafter until 1O7 such
payments shall have been made, in
favor of Redlands Building Loan
Association and other sums of mon
ey advanced and interest thereon,
and;
WHEREAS, said deed of trust
and the note therein mentioned
provides-''S Should default be made
III the payment of three Install
ments then the whole Indebtedness
shall be due at the option of the
holder of this note, and;
WHEREAS, there has been a de
fault in the payment of the install.
ment of principal and interest due
on the 2nd day of June, 1925. and
default in payment of all subsc-
quent installments of principal and
interest thereafter duein accordance
with the terms OF said trust deed
and note, there being an unpaid
balance of principal and interest due
to the first day of February, 1926,
together with $l0.44 fines thereon,
a total of $21S0.79, and by reason
of such defaults. said Redlands
Building Loan Association, the own
cr and holder of said note and trust
deed. in accordance with the pro
visions thereof. towit, on the 18th
day of October. 1925, exercised its
option and declared the whole
amount of the Indebtedness secured
by said trust deed immediately due
and payable, there being the total
sum Of S2lsO.79 due and payable on
the first day of February. 1926,
and;
WHEREAS, in accordance with
the provisions Of Section 292l of
the Civil Code of California, said
Redlands Building Loan Association,
the owner and holder of said note
and trust deed. on October 10, 1925,
caused to be recorded in the office
Of the County Recorder of said
Imperial County, Il notice of such
default in the payment of priuci-
tai and interest and of its election
~ cause the property described In
sad deed of trust to bc sold in ar.
cordanrc with the provisions there
of TO satisfy said obligation. which
notice Of default and election 10
sell was duly recorded in Book 81
ot Official Records, page 332 Of
sand Imperial county, and:
WHEREAS said deed of trust
provides that in the event Of sale
being had Hereunder. as a part 6f
the expenses Of such sale. a rea.
sonablr counsel zee nay be included
and "a compensation to the trustees
hereunder in the sum of $50.0o
and:
WHEREAS. said Richards Build
ing Loan Association, by reason of.
the default in payments rs stated.
has requested the undersigned trus
tees, W. 7. Bill and \. r. Ball. 10
sell said property or So much there
Of as shall be necessary 10 sell to
PN all the indebtedness secured
and expenses incurred necessary 10
the execution Of said trust.
NOW THEREFORE, NOTICE Is
HEREBY GIVEN that ". Z. Bill
and y. +. Ball, trustees as Joint
tenants, by virtue of the authority
vested in them as such truetecs. will
sell, nj public auction. 10 the high
est bidder. for cash in lawful mon
ey of the United States. on The 17th
day of March, 1926, 1T the hour Of
ll:0o o clock n. m. Of said dav. at
front or north entrance of the Court
House in the City Of FL Centre,
County of Imperial, State of Cali
tornia. all of the interest conveyed
10 them by said trust deed in and
to all the following described pro
crtv situate and bcip. in the City
Of FL Ccntro, County Of Imperial,
state Of California, to!wit:
commencing at the Northeast
corner of Block Sixteen G6) of
Addition No. , Ia r. Ccntro. in
thc { " of FL Centre, Comfy
uf Imperial, state OF C"l:s" ma,
rs per Map thereof NJ. POO
flied in the office of the Com
tv Recorder of Imperial Com.
tv; thence running Westerly
along the South line of State
street Fifty 600 feet; thence
SOuthcrly parallel with the
West line of 18th Street One
Hundred Forty G40) Feet,
thence Eastcrly parallel with
the South line of Of State Street
Fifty 900 feet; thence North
crly One Hundred Forty (1i0)
feet 10 the place Of beginning.
Or so much thereof as shall be
n"ccs'arv to pay the amount now
/ due under said trust deed, to-wit.
S2lSO,79 plus interest thereon from
/ February |, 1926, to date of sale
plus trustees fees in the sum Of
$1,000, together with all other
charges, costs and expenses of sale
Dated February 9th, 1926.
w. r. BILL.
A. T.. BALL.
+ 20 - VI 4 Il Trustees.