Imperial Valley press., 1927-05-17
NOTICE OF TRUSTEES SALE

NOTICE OF TRUSTEES SALE
WHEREAS, by deed Of trust
executed by Felix Niboli and Lucy
Niboli, his wife, therein called
Trustor, dated April 30th, 1926, and
recorded May 10th, 1926, in Book
IS, 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 & Saw
ings Bank, as Trustee, with power
of sale, to secure, among other
things, the payment of promissory
note made by the said Felix Niboli
and Lucy Niboli, dated April 30,
1926, for the sum Of $12, 10000, with
interest from date on unpaid prin-
cipal at the rate of s.4 per cent per
annum; principaL and interest pay
able in installments of Eighteen
Hundred Sixty-seven (s1s67.0O)
Dollars on August l, 1926, on Jan
uary l, 1927, on April l, 1927 and
the remainder of principal and in
terest on April 26, 1927, to the or
der of Protective Building & Loan
Association, a 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
I WHEREAS, breach of and de
! fault in the obligations secured by
said Deed of Trust has occurred III
| that the installment of principa
! and interest in the sum of $lS67. 90
due and payable August 1, 1926, cx
rept the sum of sl242.25, and the
I installmcnt of principal and interes,
of *ls670O, due and payable Janu
AIRY l, 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
! II breach and default had been made
as aforesaid and did declare al
sums secured thereby then due 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
! AIRY 25th. 1927, file for record in the
Office of the County Recorder OF
, Imperial County, California, q
/ Notice of said breach and dcfaul'
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 30l, OF
Official Records of said County.
NOW, THEREFORE,, notice i,
hereby given that the undersigned
+ by virtue Of the authority in it vest
cd, as Trustee, will sell at public
auction to the highcs, bidder 70,
cash. in United States Gold Coin
/ ON Tuesday, the 3lst day of May
1927, at the hour of eleven o clock
A. NJ. of said day in the lobby OF
the Security Building, at SO Soutl
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
pcrial, State of California, describ
ed as follows:
Tract Ono Hundred Thirty
four (l3D, Townships Sixteen
(l6) and Seventeen I7) South,
! Ranges Fourteen O4) and Fif-
teen (l5) East, S. b. NJ, as per
Map of the re.survey thereof
approved November 4, 1908,
and filed in the United States
Land Office at Los Angeles,
! California.
To pay the balance of the prin-
''lpui Nuli VI to-WJt, tuC
! sum of $11 ,520.35, and the interest
thereon from the 1st day of Au-
gust, 1926, at the rate of S.4 per
cent per annum, sums, if any, ad-
vanced undT the provisions of said
Deed of TruS, the expenses of said
sale; and also the costs, charges
attorneys fees. and other expenses
expended and incurred by the Trus-
tee and authorized by said Deed of
Trust.
Terms of Sale-Cash in United
States Gold Coin, payable at the
time and place of sale.
Dated, April 2S, 1927.
SECURITY TRUST & SAVINGS
BANK, Trustee.
By j. G. Carey, Viee-President.
By C. w. Brown, Asst. Secretary.
Corporate Seal.)
M IN II %