Imperial Valley press., 1927-05-10


Executor. NJ 3 10 II "a 81
NOTICE OF TRUSTEES SALE
WHEREAS, by deed of trust
executed by Felix Niboli and Lucy
Nibol, his wife, therein called
Trustor, dated April 30th, 1926, and
recorded May 10th, 1926, in Book
7S, Page 394, Of Official Records,
in the office of the County Record.
er of Imperial County, California
said Trustor did grant and convey
the property therein and hereinafter
described to Security Trust g. Say
lngs Bank, as Trustee, with power
of sale, to secure, among other
things, the payment of n promissory
note made by the said Felix Niboli
and Lucy Niboli, dated April 30,
1926, for the sum of 100000, with
interest from date on unpaid prn-
cipal at the rate of S.4 per cent per
annnm; principal and interest pay
able in installments of Eighteen
Hundred Sixty-scvcn ($1867.OO)
Dollars on August !, 1926, on Jan
uary |, 1927, on April !, 1927 and
the remainder of principal and in
terest ON April 26, 1927, to the or,
der Of Protective Building & Loan
Association, n corporation; and
WHEREAS, said Deed of Trust
provides that should breach or de-
fault be made in payment of any
indebtedness and or in performance
of any obligation, covenant. promise
or agreement therein mentioned
then the owner and holder of said
note may declare all sums secured
thereby Immediately due and may
require the Trustee to sell the pro-
perty thereby granted and convey
I'd; and
WHEREAS. a breach of and de
fault in the obligations secured by
said Deed of Trust has occurred in
that the installment of principal
fnd interest in the sum of $1S67 90,
due and payable August /, 1926, cx-
rcpt the sum of $l24225, and the
installmcnt of principal and interest
of $lS670O, due and payable Janu-
ary J, 1927, in accordance with the
terms of said note, are owing aad
unpaid; and
WHEREAS, said Protective Build
ing X Loan Association, being the
owner and holder of said note and
Deed of Trust, did on January GOTH
1927, elect to and did declare that
a breach and default had been made
as aforesaid and did declare all
sums secured thereby then duo and
did demand that said Trustee sell
the property granted by said Deed
of Trust to satisfy the obligations
secured thereby and did on Janu-
ary 25th, 1927, file for record in the
Office of the County Recorder of
Imperial County, California, a
Notice of said breach and default
and of election to cause said Trus-
tee to sell said property in accor-
dance with the provisions of said
Deed of Trust, which Notice was re-
corded in Book 13S, Page 3Ol, of
Official Records of said County.
NOW, THEREFORE,, notice is
hereby given that the undersigned
by virtue of the authority in it vest,
cd, rs Trustee, will sell at public
auction to the highest bidder for
cash, in United States Gold Cow.
on Tuesday, the 3lst day of Nav.
1927, at the hour of eleven o'clock,
A. NJ. of said day in the lobby of
the Security Building, at SO South
Spring Street, in the City of Los
Angeles, California the interest
granted and conveyed to it by the
aforesaid Deed of Trust in and to
the real property therein describ-
ed, situate in the County of I'm
perial, State of California, descrlb.
ed as follows:
Tract One Hundred Thirty
four QS4), Townships Sixteen
Q6) and Seventeen Q7) South,
Ranges Fourteen (14) and Fiji
teen (l5) East, S. B. NJ, as per
Map of the re.survcy thereof
approved November 4, 1908,
and filed in the United States
Land Office at Los Angeles,
California. !
To pay the balance of the prin-
cipal sum of said note, to-wit, the
sum of $11 1,520.25, and the interest
thereon from the LIST day Of Au-
gust 1926, at the rate of S.4 per
cent per annum, sums. if any, ad-
vanced under tho provisions of said
Deed Of Trust, the expenses of said
sale; and also thc costs, charges
attorneys fees, and other expenses
expended and incurred by the Trus-
tee and authorized by said Deed of
Trust.
Terms of Salc-Cash in United |