Zeligman v. Juergens

NEY, Judge.

Central Trust Company of Northeastern Ohio, N.A. (Central Trust) appeals the trial court’s order granting Henry Zeligman reimbursement for certain expenses incurred as receiver for certain real property. We affirm.

Central Trust was secured by first deed of trust and Zeligman and Charles Hay-hurst held a second deed of trust on the same property. The owners of the property assigned their interest to a third party. This assignment violated the first deed of trust’s “due on sale” clause. No payments on the note secured by the first deed of trust were made after the assignment.…