Imperial Valley press., 1928-08-15
No. 404g5
NOTICE OF TRUSTEE SALE

No. 40495
NOTICE OF TRUSTEE SALE
Whereas, S. T. Marshall and
Louise Marshall, his wife, Harry
Horton and Julia Horton, his wife,
by Deed of Trust dated October
5th, 1922, and recorded November
18th, 1922, in Book 1875 of Deeds,
Records of Imperial County, Cali
fornia, at Page II ct seq, did grant
and convey that certain real pro-
perty hereinafter described, to The
) Peoples Abstract and Title Com
pany, II corporation, as Trustee, to
secure, among other things, one pro-
missory note in the aggregate sum
of Sixteen Thousand & No o/100 Dol
lars, with interest thereon at the
rate of per cent per annum, pay.
able quarterly in favor of Southern
Trust X Commerce Bank. Said
Trust Deed note is dated Novem.
ber l4th. 1922, executed by FL Cen
tro Grain Company, by Arthur G.
Rath, Presidcnt; Harry w. Horton,
Secretary and $. 4. Marshall and
Harry w. Horton. Also to secure
any other sums of money which
might become due and payable un-
der the terms Of said Deed OF
Trust; and
Whereas, Default was made in
the payments due upon said note
and obligation. in that the following
items were not paid when due, and
still remain due, owing and unpaid:
Principal $4,000 due November
18th. 1925, and interest due from
November 14th, 1927, and ad-
Vanccs; and
Whereas, in accordance with the
provisions If said note and Deed OF
Trust, and by reason of such d"
fault, the owner and holder of said
note arl obligations exercised the
option given therein and did declare
all sums secured thereby to be inn
mcdiately due and payable, and did
execute and deliver to the Trustee
written declaration of default and
demand for sale, and Hereafter, IN
accordance with the provisions of
Section 1924 of the Civil Code, did
record notice of default and
breach in the conditions of said
Deed of Trust, which said notice
was recorded April 10Th, 1923, in
Book 197 of the Official Records of
Imperial County, California, at Page
l46 ct seq; and
Whereas, Said Deed of Trust pro-
vidcs that after three mouths shall
have elapsed following such recorda
tion of said notice, the Trustee,
without demand, shall sell said pro
pcrty as therein provided;
Now Therefore, Notice is hereby
given that by virtue of the author
ity vested under said Deed of Trust,
said The Peoples Abstract & Title
co. will sell at public auction to the
highest bidder for cash in gold coin
Of the United States, on the 18th
day Of August, 1928, at :hc hour of
II :n0 clock II. m, at the front or
north entrance to Imperial County
Court House, in the City of FL Cen
tro County of Imperial, State of
califolnia. the interest conveyed to
sr.t Trustee hv said l',cd of Trust
It aud ia n" property t"crcln dcs-
cJ,1rI, situate in the City of FL
Cratr.. county - Imperial, State
of California, described as follows:
That portion of the "fair
Grounds, as per Map thereof
No. Il, filed in the office of
the County Recorder of Impc-
rial County. California, dcscrib-
cd as follows:
Beginning at point in the
South line of the "Fair
Grounds which point is the
intersection of sail South line
and the East line of Second
Street, projected NMthcrly;
thence Eastcrly along the
South line of said "Fair
Grounds" 1875 feet; thence
Northcrly on line parallel to
the East line of Second Street
projected Northcrly 100 feet;
thence Westerly on line paral-
lei with The South line of said
"'Fair Grounds 1873 feet;
thence Southcrly along the
East line of Second Street
projected Northcrly to the point
OF btplHnlhS'
Excepting thcrefrom that por-
tion described as follows:
Beginning at the Northwest
corner of lot owned by Harry
sW. Horton, ct al: thence East
along the North line of said lot,
distance of 1875 feet to a
point, said point being tho
{ Northeast corner of said lot,
) thence South along the East
line of said lot, a distance of
: S.5 feet to point; thence
! West, distance of 1878 feet
= to a point in the West line of
said lot, thence North along
said west line of said lot a dis
! tance of S,5 feet to the point
= of beginning.
Also all that portion of the
"Fair Grounds - Tract describ
ed as follows: Commencing at
the Southeast corner of said
tract, thence North 1915 feet
to a point, thence West 407.55
G feet to the point of beginning,
i of parcel hereinafter describ-
!, ed, said point being in the East
{ line of lot owned by Harry w.