Bank of Amerika National Trust & Savings Ass'n v. Graves
California Court of Appeal
1Opinion of the Court
Opinion
WARD, J.
The trial court granted plaintiff Bank of America National Tmst and Savings Association’s motion for summary judgment and awarded it $61,530.32. Defendants, Mr. and Mrs. Graves (the Graveses), appeal. We affirm the judgment.
*610Facts and Statement of the Case
In 1991, the Graveses opened a CustomLine equity account with Bank of America National Trust and Savings Association (Bank). Loans from the account were secured by a second deed of trust against the debtors’ home in Lake Arrowhead. The Bank lent $49,500 to the Graveses.
On July 15, 1992, the Graveses defaulted on the loan by…
2Cases cited8 opinions
- Roseleaf Corp. v. ChierighinoCalifornia Supreme Court · 1963
- Brown v. JensenCalifornia Supreme Court · 1953
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- Evans v. California Trailer Court, Inc.California Court of Appeal · 1994
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