Hellman v. Capurro

OPINION

By the Court,

Zenoff, J.:

In 1963, Aimee Heilman purchased a parcel of property located adjacent to Pyramid Lake from Joseph Capurro and his two sons, Herbert and George, for $176,000.00. The bulk of the purchase price, $156,000.00, was represented by a promissory note secured by a deed of trust which contained the usual provisions requiring that the trustor provide adequate fire insurance payable upon the occurrence of the contingency to the trustor and the beneficiary “as their respective interests may appear.” The improvements to the property consisted of a combination bar and…