This is an action to foreclose a second deed of trust on residential property in the city of Bakersfield. There is no dispute as to the material facts.
On February 14, 1947, defendant Rice and his wife executed a promissory note payable to plaintiff in the sum of $4,000 for money loaned to Rice. The note was secured by a deed of trust of the same date and both instruments were then delivered to the...
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