Imperial Valley press., 1929-01-31
r. O. No. 1244U
NOTICE OF TRUSTEES SALE

r. O. No. 1244U
NOTICE OF TRUSTEES SALE
Whereas. by a Decd of Trust
executed by O. Bernard Smith, an
unmarried man, therein called
Trustor, dated January -, 1923, and
recorded February 20, 1923, in Book
1S9, page 145 of Official Records,
in the office Of the Recorder of I'M
porial County, California, said
Trustor did grant the property there
in and hereinafter described to
Title Insurance and Trust Company,
Il corporation, as Trustee, with pow
or of sale, to secure, among other
things, the payment Of one promis
sorry note, dated January -, 1928,
made 10y the said O. Bernard Smith,
for the sum of Sixteen Hundred
Dollars ($1 100000 payable on or
before three years after its date to
the order of William J. Hanclinc, a
married man. with interest from
February -, 1923, until paid, at the
rate Of seven per cent per annum,
PAYABLE quarterly or compounded;
and
Whereas, said Deed Of Trust pro
vides that should breach or default
be made in payment of any in
Gcbtcdncss 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
Whereas, a breach Of, and default
in, the obligations secured by said
Deed Of Trust has occurred in that
the interest payment due on said
note on May -, 1928, was not then
paid, nor has any part thereof since
been paid, nor have any interest
payments thereafter falling due
been made; and
Whereas, said William j. Hanc.
line, did on October 24, 1923, elect
to and did declare that breach ana
default had been made, as aforc.
said and did declare all sums sccur-
ed thereby then due, and did de-
mand that said Trustee sell the pro
pcrty granted by said Deed of
Trust to satisfy the obligations
secured thereby; and did on October
80, 1923, file for record in the of
flee of the County Recorder Of I'm
perial County, California, a notice
Of said breach and default and of
/ election to cause said Trustee &c
sell said property in accordance
with the provisions of said Deed of
Trust, which notice was recorded in
Book PCS, Page 149, of Official Re.
cords, Records of said County;
Now, Therefore, Notice is hereby
given that by virtue Of the authority y
in it vested, as Trustee. the under
>'2nod will sell, ut public auction
to the highest bidder for cash, il
;1i:od stats Cod Coin, on Tues
day, the Goth day of February, 1920
at eleven O'Clock A. NJ, in the
lobby of the main entrance of tn,
new Title Insurance Building, Is,
South Spring Street, Los Angeles
California, all the interest conveyed
to it by said Deed of Trust in auC
to the therein described property t.
satisfy said obligations, said pro
pcrty being situate in the Count,
Of Imperial, State of California, anC
described as follows:
Lot Seven O. in Section
Fourteen O4D Township Six
teen (6) South, Range Four
teen 40 East, S. Is. NJ, in the
County of Imperial, state of
California, containing 39.11
acres, according to Government
Survey, as per map Of the re-
| survey (authorizcd by Act of
Congress July lst, 1902 appgov
Cd February 6, 1909. and filed
/ May q, 1909, in the United
States Land Office at Los An
eclcs California.
TO pay the principal sum of SAT-
note, to-wit: 81 10000, and the in
tercSt thereon from the 10Th day o
!. February, 1928, at the rate of seve
=. CO per cent. per annum, compound
ed quarterly, sums, if any, advanC
ed under the provisions of said Dec
of Trust, the expenses of said sal
and also the costs, fees, charges an
, expenses of the trusts created b.
said Deed of Trust and Of sal
Trustee.
Terms of sale cash in Unite
= States Gold Coin, payable at tim
and place of sale.
Dated, january 81, 1929,
, TITLE INSURANCE AND 'TRUS
COMPANY, Trustee.
BY l.. j. Bcynon, Vice President.
> BY r. H. Moore, Assistant Secretary
Corporate Scal.) j 81 L I l