Imperial Valley press., 1928-09-11
NOTICE OF TRUSTEES SALE
Pt-1S9-4o2


NOTICE OF TRUSTEES SALE
Pt-159-492
WHEREAS, by a Deed of Trust,
dated February 18th, 1925 recorded
Marc 5th, 1925. in Book sc, Page
/ i57 of Official Records of Imperia
i County, California. to which record
reference is hereby made, CLARA
! A. 1ACMAN, single woman, did
, grant and convey the property
therein and hereinafter described to
CALIFORNIA TRUST COMPANY,
a Corporation, as Trustee, with pow
/ er of sale, to secure, among other
things, the payment of that one GER
tain promisSory note, in favor of
! CALIFORNIA BANK, a Corpora
tion, and other sums of money ad-
vanced and interest thereon; and
WHEREAS. there has been a de-
fault in the payment of the princi-
pal of said note amounting to Tween
ty-five Hundred and no-100
($2500.00) Dollars, and in the pay
ment of the quarterly installment
Of interest which was due May 18th.
| 1923, amounting to Fifty and no-100
($J000) Dollars; and by reason of
such default CALIFORNIA BANK,
corporation. the owner and holder
of said note and Trust Deed, in ac-
cordancc with the provisions there
of, on May 10th. 1923 exercised its
option and declared the full amount
OF Indebtedness secured by said
Trust Deed immediately due and
payable, and did demand that said
Trustee sell the property granted
by said Deed of Trust to satisfy
the obligations secured thereby. and
in accordance with the provisions of
Section 1924 of the Civil Code of
the State of California, did cause
to be recorded in the office Of the
County Recorder of Imperial Coun.
", California, a notice of said
breach and default and of election
to cause the property described in
said Deed of Trust to be sold in ac-
cordance with the provisions there
of TO satisfy said obligation, which
Notice of Default and Election to
Sell was duly recorded on May
26th. 1923, in Book 1919, Page 155
Of Official Records of said County;
and
WHEREAS, there is now due and
unpaid on account of the indebted
ness secured by said Deed of
Trust the sum of Twenty-Five Hun
drcd and no-l00 Dollars ($2j00.00)
principal of said note, together with
interest theron at the rate of eight
per cent $50 per annum, from
February 18th, 1928, and all sums
advanced or expended under the
terms Of said Deed Of Trust, with
interest as therein provided; and
WHEREAS, said Deed Of Trust
provides that, il there is default
in the payment of any of the sums
secured thereby, upon APPLICATION of
the owner and holder of said note,
the Trustee shall give notice and
sell 50 much Of the property as shall
be necessary to satisfy tho indebted
ness secured thereby; and
WHEREAS, said CALIFORNIA
BANK. a corporation. by reason of
the breach and default in the pay
ment, as stated. has requested Cali
fornia Trust Company, 30 give not
ice and sell said property. or so
much thereof as shall be necessary
to sell 10 pay all of the Indebtedness
secured and expenses incurred ne
cessary 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, 70 the
highest bidder, for cash III Gold
Coin Of the United States, on Fri,
day, September 28th, 1928, at the
hour of eleven O'Clock A. VI. Of said
day, at the Western Front Entrance
Of the Court House, $50 North
Broadway, in the City Of and Coun.
tv of Los Angeles, state Of Cali,
fornia, all the interest conveyed to
it by the aforesaid Deed Of Trust
in and 10 the following described
property, situate in the County of
Imperial, State Of California. to-wit:
Farm Unit go" according TO the
farm unit plat, or Lot Five l5) of
Section Seven IL and Lot Ten G0)
Of Section Eight ~, Township Six.
tcou (l6J South Of Range Twenty
three (23J East, San Bcruardino
Meridian, containing 1892 acres,
or 50 much thereof as shall be ne
crssary 20 pay all principal, interest,
advances, charges, costs and Trus
tee s foes, due aud unpaid, secured
by said Deed Of Trust.
Dated August 27th 1928.
/ CALIFORNIA TRUST COMPANY,
BY b. L. SMITH
Vice President.
Attest, r. II. SCHMIDT,
. (Seal1 @- Assistant Secretary.
SEPT II -