Larrea v. Kina Investments, Inc.

FERGUSON, Judge.

Appellant, A.J. Larrea, owned a building which he sold to appellee, Kina Investments, Inc. By terms of the sales contract Kina assumed a first mortgage to National Title Insurance.1 The parties executed a second mortgage in the amount of $192,-373.73 with two addenda.2 The sales contract terms, written by Kina’s attorney, were agreed to after several hours of negotiations between Larrea, without an attorney, and Kina’s president and legal counsel. The controversy stems from the trial court’s construction of Addendum No. 2. Addendum No. 2 purported to give Kina some protection…