Imperial Valley press., 1926-05-18
No. 15600
NOTICE OF TRUSTEE SALH

w hIhEAC, bS btcu VI I4uoe
dated August :. 1919, recorded
September 10, 1919, i'll Book III of
Deeds, at page 200 and following.
records of Imperial County, State
of California, to which record re-
ference is hereby made, L. L. Hurd
and Matte Hurd, husband and
wife, did grant and convey the pro-
perty therein and hereinafter des-
cribed to Pioneer Abstract and
Title Guaranty Company, eorpo-
ration, as Trustee, to secure, among
other things, the payment of one
certain preh,issory note in favor OF
J. X. Hermon, and other sums of
money advanced and interest there
on. and,
WHEREAS, it is provided in said
deed of trust, among other things,
that if there should be default in
the payment of any of the said
sums of principal. interest or mon
evs advanced in the manner stipu-
I lated in said trust deed, the said
party of the third part may declare
all the Indebtedness, secured by
the said trust deed, due and pay
able at once without notice, and
the party of the second part may
set the property so granted in said
deed of trust, in order to accom-
plish the objects and purposes OF
said trust, and
WHEREAS, said trust deed and
note has been sold and assigned,
and whereas, the Pacific Southwest
Trust and Savings Bank, a corpo-
ration, is now the owner and hold
cr thereof, and
WHEREAS, there has been n de-
fault in the payment of the prin-
cipal and interest due on August 7,
1925, and all subsequent payments
of interest, according to the terms
of said note, and by reason of such
default in the payments as stated,
said Pacific Southwest Trust and
Savings Bank, corporation, the
owner and holder of said note and
trust deed, in accordance with the
provisions thereof, on January 9,
| 1928, exercised its option and de-
| clarcd tho full amount of the in
debtcdncss secured by said trust
/ deed Immediately due and payable,
/ there being the total sum of
/ 100000 together with interest
thereon at the rate of seven per
cent per annum, payable quarterly
+ from and after January s, 1923,
and advances in the sum of $S19.07,
now due and payable, and
/ WHEREAS, in accordance with
i, the provisions Of Section 1924 OF
the Civil Code of the State of Cal
ifornia. said Pacific Southwest
Trust and Savings Bank, a corpora
tion, the owner and holder of said
mote and trust deed on the 14th
ldav Of January, 1925, caused to be
recorded in the office of the Coun-
t. Recorder Of said Imperial Coun'
~. notice of such default in the
pavmcuts as stated, and of its cleo
lion to cause the property descrlb
cd in said trust deed to be sold ii
accordance with thc provisions
thereof 10 satisfy said obligation
which notice Of default and cleo
tion to sell was duly recorded II
Book 80 Of Official Records, al
page 4jg in the office of the Coun
ty Recorder Of said County, and,
WHEREAS, said trust deed pro
yidcs that if there is a default IL
the payment Of any Of the SUM
secured thereby, upon application
Of the holder Of said note, the trus
tee shall give notice and sell 81
much Of tie property as shall b
necessary to satisfy the indebted
ness secured thereby, and,
WHEREAS. said Pacific South
west Trust and Savings Bank,
corporation, by reason Of the dc
fault in the payments as stated
las requested the Pioneer Abstrac
and Title Guaranty Company t
give notice and 10 sell said propeI
ty, or 50 much thereof as shall b
necessary 10 sell 20 pay the indct
'tcJucss secured aud expenses u
CURED necessary to the cxceutD
Of said trust.
SOW THEREFORE,, Notice
hereby given that thc Pioneer NJ
stract and Title Guaranty Con
pany, by virtue Of the authorit
vested in it. as trustee, win sell Z
public auction to the highest bi'
dor .For .,sI, Ia oofd eniu of Ill