Jessen v. Keystone Savings & Loan Assn.
California Court of Appeal
1Opinion of the Court
Opinion
WORK, J.
Ray Jessen and others appeal a denial of their request for a preliminary injunction to halt a nonjudicial foreclosure sale of their various interests in several condominium units. We affirm.
Factual and Procedural Background
Jessen-Norwich 1 borrowed money from Keystone Savings and Loan Association to finance construction of condominium units it intended to sell. The project has been completed and most units have been sold. The property secures deeds of trust held by the lender. Keystone seeks to foreclose under powers of sale in its 1977 and 1979 construction loan deeds of trust…
2Cases cited6 opinions
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- Merandette v. City and County of San FranciscoCalifornia Court of Appeal · 1979
- Stockton v. NewmanCalifornia Court of Appeal · 1957
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