Imperial Valley press., 1927-02-14
NOTICE OF TRUSTEES SALE

1876 of Official Records. of Imper-
ial County, California, to which re-
cord reference is hereby made. Viii.
liam G. Horan and Gertrude Horan,
his wife, and Fred Schagens, sin
gle man, did grant and convey the
| property therein and hereinafter
described, to California Trust Com
pany, as Trustee, to secure among
other things, the payment 6 one
certain promissory note, in favor of
California Bank, and other sums Of
money advanced and interest there
on; and
WHEREAS, there has been de-
fault in the payment Of the Install
ment of interest due on said note
on February 10. 1926, and in the
installment of interest due May 10,
1926, each of said installments of
interest amounting to Fifty and
No-100 ($50.00) Dollars, interest at
Eight per cent $50 compounded
quarterly, and by reason of such de-
fault, California Bank, a corpora
tion, the owner and holder of said
note and Trust Deed, in accordance
with the provisions thereof, on, to-
wit: The End day of August, 1926,
exercised its option and declared the
full amount of indebtedness secur-
ed by said Trust Deed Immediately
due and payable; and
WHEREAS, in accordance with
the provisions of Section 1924 of
tho tfix-il rala - ha o..
ifornia, said California Bank, the
owner and holder of said note and
trust Deed. on September I. 1926,
'JuSed to be recorded in the office
# the Comfy Recorder of Imperial
county. California, notice of such
lefaulT in the payment of the in
crest of said Note. and of its elec-
lion to cause the property described
IN said Deed of Trust to he sold in
accordance with the provisions
hereof, to satisfy said obligation,
which Notice of Default and Flee
lion to Sell was duly recorded in
Book 12s, Page 2l6 Of Official Re
cords of said Imperial County; and
WHEREAS. there is now due and
unpaid on account of said princi-
pal and interest, the sum of Twen-
;y-five Hundred and No-100
(S2,500.00) Dollars principal, to-
Irther with interest thereon at the
rate of Eight per cent $50 per
annum. compounded quarterly, from
November 10. 1925; and
WHEREAS. said Deed of Trust
provides that if there is default in
The payment of any of the sums Sc
cured thereby, upon the application
of the holder of said note, the
Trustee shall give notice and sell so
much of the property as shall be
necessary to satisfy tine indebted
ness secured thereby; and
WHEREAS, Gaid Califoi lila Bank,
b. reason of the default in the pay
ments as stated, has requested Cali
fornia Trust Company, to give no
tice and sell said property, or SO
much thereof as shall be necessary
to sell, to pay all Of the indebted.
ness secured and expenses incurred
necessary TO the execution of said
Trust.
NOW, THEREFORE, notice is
hereby given that the California
Trust Company, by virtue of the
authority vested in it as Trustee,
will sell at public auction to the
highest bidder, for cash in gold coin
of the United States, on the 18th
day of February, 1927, at the hour
of eleven o'clock n. m, of said day
at the Western Front Entrance of
the Court House, $50 North Broad
way. in the City of and County of
Los Angeles, States Of California.
all the interest conveyed to it by
the aforesaid Deed of Trust in and
to all the following described real
property, situate in the County of
Imperial, State of California, to-
wit:
Farm Unit "D", or Lot
Fifteen 90, of Section Eigh
teen (18), (bcing the Southwest
Quarter Of the Northwest Quar-
ter of said Section), Township
Sixteen O6) South, Range
Twcnty-three (23) East, San
Bcrnardino Base and Meridian,
or so much thereof as shall be nee
essary TO pay the total amount of
the principal and interest amount
ing, as aforesaid, to Twenty-Five
Hundred and No-l00 ($2500.00) Dol
lars Principal, with interest there
on at the rate of Eight per cent
$50 per annum compounded quar-
terly from November 10, 1925, to
the date Of sale, and advances, if
any, together with the expenses of
said sale, including compensation to
the Trustee.
TERMS OF SALE: Cash In
Gold Coin of the United
States.
IN WITNESS WHEREOF, the
California Trust Company, has duly
authorized this notice by the sigma
lures of its vice president and its
assistant secretary, who has affix-
ed its corporate seal, at Los Ange-
Ter, California, this sth day Of Jan
uary, 1927.
CALIFORNIA TRUST COMPANY
By B. L. Smith, Vice President.
(SEAL)
Attest
(1,.c T. KirtSav Aac;etau+ Geere-