Legal Opinion

Bank of Amerika National Trust & Savings Ass'n v. Graves

California Court of Appeal

Decided December 11, 1996No. E015010PublishedCited by 16 opinions

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

  1. Roseleaf Corp. v. ChierighinoCalifornia Supreme Court · 1963
  2. Brown v. JensenCalifornia Supreme Court · 1953
  3. Pacific Valley Bank v. SchwenkeCalifornia Court of Appeal · 1987
  4. Torrey Pines Bank v. HoffmanCalifornia Court of Appeal · 1991
  5. Evans v. California Trailer Court, Inc.California Court of Appeal · 1994

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3Cited by16 opinions

  1. Bank of America, N.A. v. RobertsCalifornia Court of Appeal · 2013
  2. Heritage Pacific Financial, LLC v. Montano (In Re Montano)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2013
  3. Rex v. Chase Home Finance LLCDistrict Court, C.D. California · 2012
  4. Venture v. LobelCalifornia Court of Appeal · 2012
  5. National Enterprises, Inc. v. WoodsCalifornia Court of Appeal · 2001

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