Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Citation
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Parent Document
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Jurisdiction
- California (state)
- Effective Date
- 1975-05-02
Other Sections in This Document (58)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
- Federated Mortgage Investors v. American Savings & Loan Association, 47 Cal. App. 3d 917 (1975)
Full Text
2,047 charsare to be paid off in cash the total amount of the indebtedness under our existing loan on said property, including all court costs, attorneys’ fees and trustees’ fees incurred by us, provided that the aggregate amount of the payments to us, including impounds, loan fee, as well as the items listed in this paragraph, shall not exceed the amount of our new loan by more than $325,000.00.” On November 8, 1968, the bankruptcy court vacated its order staying foreclosure and on December 4, 1968, Federated pursuant to the written letter agreement with American proceeded to foreclose its second trust deed subject, of course, to American’s first trust deed. Pursuant to that letter agreement, American abstained from foreclosing its first trust deed. Federated received a trustees’ deed, evidencing the transfer of record title from Eichlei; to Federated. On November 15, 1968, Federated agreed to sell the building to Cañuela Ranch Company, which assigned its rights to Central Towers, a partnership. An escrow was opened at First American Title Company of Marin (escrow company) between Federated as seller and Central Towers as buyer. The escrow company requested American to supply information regarding the security deposits which it had obtained from the tenants. American supplied the requested information. American filed a demand in escrow under paragraph (7) of Exhibit L for $319,709.53. Central Towers demanded that the escrow company collect for its account the security deposits and that they be deposited into escrow, but when American notified Central Towers that it had applied such deposits to reduce its claim and that the buyer, Central Towers, “will be obligated to make such refunds of the deposits as may become due to tenants from time to time,” Central Towers returned a copy of the letter marked “agreed.” However, Central Towers did not modify its escrow instructions demanding the deposit in escrow of the security deposits. Federated, in order to avoid a loss of the sale on the last day, deposited $21,945.78 into *921