Chicago Title Insurance Co. v. Farmers Insurance Co.

KELLY, Judge.

Chicago Title Insurance Co. appeals from the judgment of the trial court which found for respondent Farmers Insurance Co. and dismissed appellant’s petition. An understanding of the issue requires us to detail the tortuous factual background of this litigation.

*888From the stipulated facts submitted by the parties, the trial court could reasonably have found the following. In 1976, Walter and Virginia Leutzinger executed a promissory note secured by a deed of trust on a piece of property, (hereinafter referred to as “lot 14”) in Camden County, Missouri. The deed of trust named…