Imperial Valley press., 1928-08-22

Deed of Trust, said note being pay
able to the order of the party of the
third part for the principal sum of
Eight Thousand and no /100 Dollars
! ($8,00000) with interest thereon at
the rate of eight per cent (S%o) per
annum, payable semi-annually and
said principal sum being payable
two years after date.
| Whereas, the makers Of said note
! have defaulted in the payment OF
! the principal sum due October 27,
1927, and also in the payment of
| the interest due October 27, 1927,
! and all subsequent installments of
interest as the same have fallen
due and there is now due, owing
and unpaid on said note the sum of
Eight Thousand and no/l00 Dollars
(*S, 100000, together with interest
thereon from April 27, 1927.
Whereas, the makers of said note
and Deed of Trust have not kept
all the covenants as contained in
said Deed of Trust which the said
makers agreed to make and per
form.
Whereas. the said note and Deed
of Trust provided in the event of
default i'll the payment of said prin-
ripal or interest when due, or the
keeping of the covenants as con
tanned in said Deed of Trust, the
owner and holder of said note may
declare, and the owner and holder
of said note has declared the
amount of said indebtedness remain
ing unpaid Immediately due and pay
able, and
Whereas, the said Trustee at the
instance and request of the owner
aud holder of said note, did record
in the office of the County Recorder
of Imperial County, California,
same being the county wherein the
said real property described in said
Deed of Trust and hereinafter des-
cribcd is situated, notice of such
breach and of the election of the
SAID party of the third part to
cause said property to be sold to
satisfy said obligation, which said
notice was recorded ON March 2Sth,
1923, in Book 193, of the Official
Records of Imperial County, Cali
fornia, at Page 1896.
Whereas, the owner and holder of
said note has applied to and re-
quested the undersigned as Trustee
to sell the prox'rty for the purposes
of satisfying said Indebtedness.
Now, Therefore, notice is hereby
given that the Bank of Italy Ma.
tional Trust and Savings Associa-
tion, a national banking associa-
tion, as successor to the Southern
Trust and Commerce Bank, a cor
poration, by virtue of the authority
vested in it as Trustee of the said
Deed of Trust, will sell at public
auction to the highest bidder, for
cash. gold coin of the United States
OF America, on Thursday, August
23rd, 1925, at the hour of 1000 n.
m, on said day at the front or
north entrance to the Imperial
County Court House, City of El
Centre, County of Imperial, State Of
California. all of the interest CON
yeyed hy the parties of the first
part TO the party of the second part
bv that certain Deed of Trust in
ind to all of the following describ.
ed property situated in the County
of Imperial, State of California and
described as follows:
The South One Hundred
Twenty G2o) acres, more or
less. of Tract One Hundred
-Four G0i,) Township 10 South,
Range il East; San Bernardino
Meridian, as per map of re-
survey, approved and filed in
the United States Land Office
at Los Angeles, California, or
SO much thereof as it will be
necessary to sell to pay the
principal due on the above dcs-
cribcd note, together with in
tcrcst thereon, expenses of said
Trustee and all sums advanced
under the terms of said Deed
Of Trust, said property to be
sold subject to all conditions,
restrictions, reservations, as
scsSmcuts and cncumbrances of
record.
In Witness Whereof the Bank of
Italy National Trust and Savings
Association, Trustee, has duly au-
thorizcd this notice TO be signed by
its Vice President and Assistant
Trust Officer at San Diego, Cali
fornia, this 25th day of July A. d.,
1925.
BANK OF ITALY NATIONAL
TRUST AND SAVINGS ASSO-
CITATION, Trustee.
BY Leroy Holt, Vice President.