Crandall v. Title Guarantee and Trust Co.

The plaintiff executed and delivered a promissory note and a trust deed securing the same which covered two separate parcels of real property, one situated in the city of Newport Beach and the other in the city of Laguna Beach. After default, the property was sold under the terms of the trust deed. The plaintiff brought this action to set aside the sale and to quiet title to the property in himself. The defendants answered and filed a cross-complaint asking that title be quieted in them. The matter was submitted to the court' on a stipulation as to the facts, from which it appears that a…