Imperial Valley press., 1928-08-01
notice OF TRUSTEES SALE


HGracc Rood Jacques and Y. W. Jac
8Gucs. parties of the first part
Southern Trust and Commerce Bank
"a corporation, party of the second
9part us Trustee and Southern Trust
#and Commerce Bank. a corporation
aparty Of the third part and Benefi
sciary, which said Deed of Trust wa,
HrecCrdcd November 18th, 1925. in
Book % of Official Records of I'm
sperial county, California, at Pag,
tl, TO which record reference is here,
sby made. Said parties of the first
8part did grant and convey the pre-
|pliscs therein and hereinafter des
Eribed to the said Southern Trust
Fand Commerce Bank, as Trustee fol
the uses and purposes set out in said
Deed of Trust among other things
to secure the payment of one pro
missory note according to the term,
thereof and of even date with said
Deed Of Trust, said note being pay.
able to the order of the party of tho
third part for the principal sum OF
Eight Thousand and no/l00 Dollars
(SS, 100000 with interest thereon at
the rate of eight per cent $50 pen
annum, payable scmi-annually and
said principal sum being payable
two years after date.
Whereas, the makers of said note
have defaultcd in the payment OF
the principal sum due October 81
1927, and also in the payment OF
the interest due October -, 1927
and all subsequent installments OF
interest as the same have fallen
due and there is now due, owing
and unpaid on said mote the sum OF
Eight Thousand and uo/l00 Dollars
($s,0oO.00l, together with interest
thereon from April -, 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 rotc and Deed
of Trust provided in the event OF
default in the payment of said prin.
ripal or interest when due, or tho
keeping of the covenants as con
taiucd in said Decd of Trust, the
owner and holder Of said mote may
declare, aud the owner and holder
of said note has declared til,
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
(Hud holder of said note, did record
IN the office of the County Recorder
of Imperial County, California
same being the county wherein tho
said real property described in SAID
Deed of Trust and hereinafter dcs
cribcd is situated, a notice of sucl
breach and of the election of tn,
said party of the third part tC
cause said property to be sold tc
satisfy said obligation, which said
notice was recorded on March 2Sth
1923, in Book 1913, of the Officia
Records of Imperial County, Cali
fornia, at Page 396.
Whereas, the owner and holder OF
said note has applied to and re
questcd the undersigned as Trustee
to sell the property 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, Il national banking associa
tiOn, as successor to the Southern
Trust and Commerce Bank, cor
pOration, by virtue of the authority
vested in il as Trustee of the sale
Deed of Trust, viii sell ut publ,
auction to the highest bidder, fol
cash. gold coin of the United State
Of America, on Thursday, Angus
23rd, 1923, ut the hour of 1000 a
M, on said day at the front o.
north entrance to the lmperia
County Court House, City of f
Centre, County of Imperial, State o
California, all of the interest con
vcyed by the parties of the frs
, part to the party of the second par
by that certain Deed of Trust il
J and to all of the Following describ
ed property situated in the Count!
tof Imperial, State of California anC
described as follows:
The South One Hundred
Twenty G20) acres, more or
less. of Tract One Hundred
-Four G0f,) Township l6 South,
Range II East; San Bcrnardino
Meridian, as per map of re-
survey, approved and filed in
the United States Land Office
at Los Angeles, California, or
50 much thereof as it will be
necessary to sell to pay the
principal due on the above dcs-
cribed note, together with IN
tcrcst thereon, expenses of sad
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
sessmcnts and cncumbranccs of
record.
In Witness Whereof the Bank o
Italy National Trust and Saving
Association, Trustee, has duly au
thorized this notice to be signed b.
its Vice President and Assistan
y Trust OFFICER at San Diego, Cal
fornia, this 25th day of July, A. d
1928.
RANK OF ITALY NATIONAL
TRUST AND SAVINGS ASSC
CITATION, Trustee.
NV Leroy Holt, Vice President.