Christenson v. Jewkes

STEWART, Justice:

The plaintiff, Cape Trust, appeals a judgment entered on a jury verdict in favor of the defendants, J. Paul and Loma Jewkes, in an action for a deficiency judgment pursuant to Utah Code Ann. § 57-1-32 (1986), following a nonjudicial trust deed sale of undeveloped real property.

The defendants owed $264,000 on a loan made by the plaintiff. The plaintiff commenced this action seeking a deficiency judgment for $109,000, which was owed after a nonjudicial sale of 38.78 acres of undeveloped property which secured the loan. The plaintiff purchased the property at the trustee’s sale…