Economy Finance Corp. v. Leathers

A concise summary of this chain of circumstances is as follows: First was the execution of a warranty deed placing title in' the feme defendant. Next and more than six months later, she and- her husband, defendants, executed their first deed of trust in favor of Wise. This deed of trust was security for their note in *5the amount of $7,173.60. Almost a month and a half later both of these instruments were simultaneously recorded, to wit, at 9:54 a.m. of the same day. One year and five months later this deed of trust was foreclosed and the land was sold by the trustee at public auction pursuant…