Penzner v. Foster

STONE, J. pro tem. *

This is an appeal from a judgment in an action brought by appellants to quiet title to a parcel of real property. The trial court decreed that appellants’ title is subject to a lien pursuant to a deed of trust owned by respondent and that the balance due on the note secured by the deed of trust was $14,156,44 at the time judgment was entered.

The appellants purchased the parcel of real property which is located in the city of Fresno from the Normandie Corporation. At the time of the conveyance the property was encumbered by a deed of trust that secured a promissory note in…