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MANNING v. QUEEN

Docket No. 988.

263 Cal.App.2d 672 (1968)

69 Cal. Rptr. 734

BILL M. MANNING et al., Plaintiffs and Respondents, v. WAYNE I. QUEEN et al., Defendants and Appellants.

Court of Appeals of California, Fifth District.

July 3, 1968.

Attorney(s) appearing for the Case

Max H. Hoseit for Defendants and Appellants.

No appearance for Plaintiffs and Respondents.

STONE, J.

This case presents a novel question concerning the rights of a beneficiary under a subordinate deed of trust. Respondents purchased a parcel of real property from appellants by assuming a first deed of trust securing a note payable to Guarantee Savings & Loan Association in the sum of $15,900, and executing a second deed of trust to secure the balance of the purchase price, in the sum of $2,750.

The first deed of trust provided that in the event...

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