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DESERET FED. SAV. v. U.S. FIDEL. & GUAR.

No. 19311.

714 P.2d 1143 (1986)

DESERET FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff and Appellant, v. UNITED STATES FIDELITY & GUARANTY COMPANY and United Pacific Insurance Company, Defendants and Respondents.

Supreme Court of Utah.

February 21, 1986.

Attorney(s) appearing for the Case

Edward M. Garrett, Michael A. Katz, Salt Lake City, for plaintiff and appellant.

Ford G. Scalley, Raymond M. Berry, Joy L. Sanders, Salt Lake City, for defendants and respondents.

HOWE, Justice:

The district court granted defendants' motions for summary judgment. Plaintiff appeals.

Plaintiff Deseret Federal Savings and Loan Association acquired real property in Salt Lake City for the construction of a branch bank. In June of 1977, it leased one of the buildings on the property to Catherine's Beauty Salon. The lease was for five years with an option to renew for three years and included covenants of quiet enjoyment and peaceful possession...

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