Donovick v. Seattle-First National Bank

Brachtenbach, J. —

The issue is whether two separate deeds of trust on separate properties, securing one obligation, may be nonjudicially foreclosed in separate sales, one sale immediately following the other? The trial court held the foreclosures were valid; the Court of Appeals affirmed in an unpublished opinion. Donovick v. Seattle-First Nat'l Bank, noted at 48 Wn. App. 1008 (1987). We affirm.

This case arises out of an approximate $205,000 loan from defendant bank to plaintiff debtors. The debt was evidenced by a single promissory note. Debtors contemporaneously executed two deeds of trust,…